Bigger India
UK Puts On Hold Plans To Suspend Golden Visa, Sparks Controversy
The Tier 1 Investor Visa, used by many high net-worth Indians over the years, was to be suspended from midnight last Friday over fears of its misuse.
In a U-turn, the UK government on Wednesday put on hold plans to suspend “golden visa” category in reference to its use by super-rich foreign nationals, including Indians, to acquire fast-track settlement rights in Britain.
The Tier 1 Investor Visa, used by many high net-worth Indians over the years, was to be suspended from midnight last Friday over fears of its misuse.