International Adviser reported in the article “UK government carries out ‘golden visa’ legacy review,” that the U.K. Home Office is reviewing all Tier 1 investor visas granted before it made reforms to the program in 2015 and 2019. The publication turned to London counsel Claire Nilson for insight into the review.
“We are told this is due to security concerns. Similar investigations have been launched in recent years relating to equivalent visas in Malta and Cyprus which has assisted these countries in reforming their rules and processes,” said Nilson.
Nilson also shared that “these types of visas are dynamic in nature and so regular review can be important to keep them relevant. Reform could be considered to be a positive step in the changing path of immigration routes, especially in our post-Brexit and post-Covid world.”