Bigger India

Indian Millionaires Migrating to UK Face New Checks

Rules in Britain were tightened in 2015 over concerns of foreign “dirty money” coming into the UK.

Most of the 76 Indian millionaires who migrated to the United Kingdom with dependants on the Tier 1 (Investors Visa) since 2008 are likely to face new checks after the Theresa May government said it will review the same in wake of Britain’s ongoing row with Russia.

The investment thresholds for the visa are £2 million, £5 million or £10 million, which leads to permanent residence to the visa holders and dependents in five, three or two years respectively, leading to eventual citizenship.

Read it at Hindustan Times

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