The UK authorities decided to suspend the issuance of investment visas, starting from midnight on 7 December.
About it reports Bloomberg with reference to the statement of the Ministry of foreign Affairs of the United Kingdom, reports “New Time”.
The issuing of visas to investors, also known as “Golden visas” to suspend before the reform, aimed at combating money laundering and organized crime.
The program of issuing visas of the investor expect to recover in 2019. After that, the visa can be obtained after an audit of the applicant conducted by an independent British company. In addition, investors are forbidden to invest in government bonds.
Bloomberg notes that more of these changes may affect the Russian oligarchs.
“The UK has long been a particularly attractive jurisdiction for the super-rich Russians as a safe and stable place of business”, – writes the Agency.
Investor visa UK designed for citizens of countries outside the EU. It allows to rapidly obtain a residence permit in the country, and then citizenship in exchange for investments in the amount of from two to 10 million pounds. Now to invest in securities, government bonds or British businesses.
Over the last 10 years have been issued to about three thousand visas to investors. About 60% of all visas issued for the citizens of Russia and China. During the year, starting in September 2017, “Golden visa” has received 361 people, including 115 Chinese citizens and 38 citizens of Russia.
According to the international human rights organization Transparency International, from 2008 for seven years hundreds of citizens of Russia received a visa to investors without proper verification of capital.