Just 136 applications made for investor visas in first nine months of the year,with most significant drop among Russian and Chinese peopleThe number of UK visa applications by wealthy foreigners has collapsed after the government doubled the required investment threshold from £1m to £2m late final year.
In the first nine months of 2015, there were just 136 applications for “tier one” investor visas, or for which residents from outside the European Economic Area and Switzerland can apply if they own access to at least £2m in investment funds. This compares with 780 applications over the same period final year,an 83% decrease.
Continue reading...
Source: theguardian.com