Chancellor of the Exchequer John Healey is considering introducing a new UK visa route for wealthy foreigners in his budget this month, as he tries to attract immigrants who can help spur economic growth.
Britain’s finance minister is weighing whether to launch a new residency path similar to the former investor visa, people familiar with the matter said. That was ended by Boris Johnson’s Conservative government in 2022 amid concerns that applicants — especially from Russia — were abusing it to launder ill-gotten money.
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