UK considers visa plan offering residency and citizenship for 5 million pound investment
The UK government is working on a new regulation that could provide residency in 3 years and citizenship in 5 years in exchange for a 5 million pound investment to attract high-net-worth investors.
The UK is preparing to revive a visa program aimed at attracting high-income investors to the country. Under the planned regulation, individuals who invest 5 million pounds, approximately 307 million 450 thousand Turkish Lira, in British businesses will be granted significant advantages.
Residency in Three Years, Citizenship in Five
Individuals making such an investment are expected to receive residency permits after three years. The program includes the right for investors to apply for British citizenship once the five-year period is completed.