UK: Tier 1 Visa Now Under Fire as 2016 Regulations Become Apparent
Many famous foreign investors have reportedly hit trouble renewing their Tier 1 Visas. With the following discretionary points introduced in 2015, requiring the UK Home Office to have consideration with regards to factors such as the applicant's:
- Business associations.
- Any other unofficial reason that may give rise to grounds for refusal.
Finance experts have been quick to point out the reasoning may be due to the UK wanting to shake its reputation at being one of the easiest systems in the world to bypass any immigration laws. The Tier 1 Visa seems to be bearing the brunt of the blame and is still perceived as being too accommodating to a minority of criminals who may abuse the system for tax purposes or otherwise.