The City of London financial district can be seen as people walk along the south side of the River Thames, amid the COVID-19 outbreak in London, Britain on March 19, 2021. Henry Nicholls/Reuters
The UK government has scrapped the so-called “golden visas” for wealthy foreign investors over security concerns.
The Home Office announced on Thursday that the Tier 1 Investor visa route has been shut to all new applicants from all nationalities with immediate effect.