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Corporate immigration specialist Nagesh Jain joins Azarmi Law

We welcome corporate immigration specialist Nagesh Jain to the Azarmi Law team. Nagesh joins us with over eleven years’ experience as a solicitor, the last five being with a leading UK law firm where he was largely responsible for carrying out all the firm’s...

Home Office announces wholesale changes to the Immigration Rules

by Sally Azarmi The Home Office has announced an overhaul of the ‘Pre-Brexit’ immigration system and introduced several new routes into the UK. This shift brings the UK’s system closer to that of Australia – the template the Government indicated it would be using...

Sally Azarmi (and Zeus) go walkies in support of access to justice

Sally Azarmi and her four-legged fundraiser Zeus are taking part in this year’s  London Legal Walkies on Saturday 23 April in Greenwich Park. They will be raising money for access to justice for vulnerable people who find themselves in great difficulty, needing a...

Azarmi Law moves offices to accommodate growing team

We have moved to 1 Poultry, London EC2R 8EJ. Our new premises reflect the need for more space prompted by the recent addition of paralegals Amran Abdi Kassim and Tamzin Impey to the team along with Ana Azarmi as the firm's first practice manager. Azarmi Law, which was...

Home Office Closes Investor Visa – With Immediate Effect

18 Feb 2022

Tamzin Impey

by Tamzin Impey

The Tier 1 Investor Visa, often referred to as the ‘Golden Visa’ has been closed today by the UK Government with ‘immediate effect’. The visa was launched in 2008 for high net-worth individuals to invest at a minimum of £2 million into the UK economy.

The route has been under review amid security concerns over Moscow’s influence in the UK, alongside opinion that the route was ‘vulnerable to exploitation by those marketing complex investment arrangements in order to facilitate entry under the route without making any genuine investments in the UK’. The announcement today confirms that the visa route will be closed completely as tension continues to rise about the potential for a Russian invasion of Ukraine.

Priti Patel, the Home Secretary, has confirmed that the closure will not come with the usual 21 days’ notice due to concerns of a ‘closing down sale effect’ of applications, many of which could include ‘individuals that represent some degree of potential harm’.

A statement of changes published by the Home Office, updating the Immigration Rules to give effect to the closure has been made, coming into force at 4pm on 17 February 2022.

This closure will no doubt have caused considerable difficulties for those planning on entering the UK through this route. If you would like to talk with us about possible alternatives, or new routes of entry that may be coming into force in the coming months, please get in touch to set up your free consultation.

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