£1m buys foreign investors right to live in Britain

[Dedworth]

money is not everything but it can get you in the UK and settlement in a couple of years

Foreign millionaires are flocking to use a little-known immigration scheme that allows wealthy individuals to jump to the top of the queue for permanent residency.


http://www.telegraph.co.uk/finance/g...n-Britain.html

As it says it's been in place for a long while - threshold obviously needs ramping up - I'm pretty sure a similar set up applies in Oz, NZ etc

[bigmarco]

As it says it's been in place for a long while - threshold obviously needs ramping up - I'm pretty sure a similar set up applies in Oz, NZ etc

£1 million 20 years ago was a considerable amount but nowdays carries no guaranteed benefits for the country. Needs to be considerably ramped up in my opinion

[RickyR]

£1 million 20 years ago was a considerable amount but nowdays carries no guaranteed benefits for the country. Needs to be considerably ramped up in my opinion

But consider for the Tier 1 investment visa you need £2,000,000 to start with and then £1,000,000 you invest is tied up until the visa expires/you get citizenship.