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‘Golden visas’ abolished for wealthy investors

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On 17 February 2022, the Home Office confirmed that the Tier 1 Investor visa route would now be shut to all new applicants with immediate effect. The UK’s Tier 1 (Investor) visa category, called the ‘golden visa’ scheme, gave non-UK residents with £2m or more to invest a fast-track route for settling in the UK. Individuals who already have entry clearance may apply under these rules to extend their stay or for indefinite leave to remain. Any applications for entry clearance or leave to remain must be made before 17 February 2026 with applications for indefinite leave to remain must be made before 17 February 2028.

Issue: 1565
Categories: News
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