Is one million Pounds now ‘too poor’ for the UK?
For most people it is an unimaginable amount of money, yet the UK Government is changing the visa rules for Tier 1 (Investor) migrants. Those who are planning to secure a Tier 1 Investor visa would have to invest not one but two million Pounds! Furthermore, the whole amount of GBP 2 million would have to be invested, not ¾ of it as now. Currently, the remaining ¼ can be used to buy a property in the UK or just kept on a savings account. The new Rules will come in force on 6 November 2014, so if you are a millionaire looking to invest in the UK (with the view of eventually getting a British passport) then you may wish to hurry and apply by 5 th November! If you are outside the UK, the date of application will be the date of payment when you’re submitting your online form, even if your appointment at a visa centre is after 6 November. If you are in the UK, with a visa which allows to switch to an Investor category, then the date of application would be the date of posting your