Golden Visa freeze: UK builds wall to keep out wealthy investors
EDINBURGH — It has become increasingly difficult for individuals outside the European Union to live and work in the UK, with the notable exception of the rich. A commitment to spend millions on investing in Britain has ensured that wealthy individuals can secure a Golden Visa – a fast-track to residency and citizenship. But the programme, designed to stimulate economic activity, has proved more useful for money launderers, tax dodgers and shady operators than it has for the British government. It is going to make it much harder for the rich to gain a foothold in the UK. The New York Times reports on the changes, which sound a lot like the equivalent of Donald Trump building a wall to keep out high net worth individuals. – Jackie Cameron
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