Ten oligarchs placed on the UK sanction list in relation to Russia’s invasion of Ukraine, used a “golden visa” scheme for high-net-worth individuals to establish themselves in the country, home secretary Suella Braverman has revealed.
Braverman made the disclosure in a statement on Thursday at the end of a long-awaited review into the tier 1 investor visa route, confirming long-held suspicions that Kremlin-backed individuals exploited the scheme to gain a UK base.
In the wake of the review, she said the government would never again have a visa scheme based “solely on the basis of the applicant’s wealth”.
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