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Abolition of Tier 1 Investor Visa

Asian businessman talking on a mobile phone outside office block

Discussion of Tier 1 Investor Visa

Lord Paddick and Baroness Hamwee have listed an amendment of the Immigration Bill regarding to the abolition of the Tier 1 investor visa.

Tier 1 (Investor) visa:

(1)  This rule must come into force no later than 1 January 2017—

(a)   to cease the Tier 1 (Investor) route;

(b)   to cease applications for an extension leave under Tier 1 (Investor) before 1 January 2017.

(2) The above mentioned will not affect leave to enter or remain applicants’ holder granted before.