Critics say end of scheme risks billions in overseas investment due to myth that ‘foreign money is dirty money’
London lawyers who help the global super-rich apply for “golden visas” to enter the UK have called on the government to reconsider its decision to abolish the Tier 1 investor visa scheme, warning that it would be “enormously damaging” to the economy.
Kyra Motley, a partner at the law firm Boodle Hatfield, said the UK was jeopardising billions of pounds in overseas investment “because of a popular myth that foreign money is dirty money”.
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