A land of opportunity
There has been a steady rise in the number of HNWs choosing the Tier 1 (Investor) route into the UK. In fact, the number of visas granted has risen to a five year high despite the fact that applications for the category were suspended briefly in early December last year. This could be for a number of reasons but some have considered the drop in the pound to be a strong draw to the UK. This may especially be the case for investors with families given that school fees, for example, might seem more affordable when the pound is weaker.
The home office granted 255 people tier-1 investor visas in the first half of 2019, allowing them to live and work in the UK for five years.