FT: Dispute in the UK over plans to return 'golden visas'
17:28 today
As the publication reports, a heated discussion has unfolded among government members.
The Financial Times article quotes the Minister for Business and Trade, Peter Kyle, who told colleagues that London is seeking 'world-class' talent. According to him, it is necessary to create a visa scheme that will not allow it to be used by 'oligarchs' wives and fraudsters.'
On June 10, the UK Cabinet held a secret meeting of the working group on attracting talent to discuss the revival of the accelerated citizenship program for investors. In February 2022, the United Kingdom ended the program designed for wealthy foreigners. The new idea is to grant residency after three years to those who invest five million pounds sterling in British companies, and after five years that person can obtain citizenship.



