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Home Office in super-rich cash-for-passport scandal

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Home Office in super-rich cash-for-passport scandal: How Russian and Chinese millionaires and a member of Gadaffi’s family have secured ‘golden visas’ by exploiting flawed scheme

  • Golden visas allow people to apply for residency if they invest £2m in UK firms
  • But investigation has revealed applicants are subject to scant official checks
  • Advisers were filmed boasting it was ‘easy peasy’ to hide sensitive information

Russian and Chinese millionaires, a member of Gadaffi’s family, and corrupt foreign politicians have secured entry into the UK by exploiting the Home Office’s flawed scheme fast-tracking the super rich, it was revealed today.

Secret recording showed legal and financial advisers boasting about being able to secure scores of ‘golden visas’ for their clients, and offering to leave out sensitive details including links to Putin’s cronies and the Chinese military.

One crowed at being able to evade Home Office checks ‘easy-peasy’, which he alleged were carried out by untrained school leavers who used Google searches.

A relative of former Libyan dictator Muammar Gaddafi (seen at the UN in 2009) has taken advantage of the Home Office’s golden visa scheme

The advisers told an undercover Sunday Times reporter of securing visas for figures including a relative of Muammar Gaddafi, the former Libyan dictator, an Egyptian charged with corruption, and Iranian and Iraqi businessmen hit by sanctions.

Under its ‘tier-one’ visa scheme, the Home Office gives wealthy foreigners the right to live in the UK if they invest £million in a British company, with the chance of later gaining full citizenship and a passport.

The Home Office briefly suspended the scheme in December over fears it was being used by organised criminals, but it was reintroduced days later, reportedly after pressure from The Treasury.

Yesterday, Dame Margaret Hodge MP, who used to chair the public accounts select committee, called on Home Secretary Sajid Javid to suspend it again. 

The revelations have led to calls for Home Secretary Sajid Javid (seen on Thursday) to suspend the scheme

The revelations have led to calls for Home Secretary Sajid Javid (seen on Thursday) to suspend the scheme 

‘It is scandalous how the hostile environment is treating asylum seekers in my constituency in a terrible way yet we are welcoming with open arms dirty money into Britain.

‘We will never sustain economic prosperity on the back of dirty money.’

A reporter working for The Sunday Times and Channel 4 consulted six firms with expertise in investor visas, posing as a Hong Kong businessman looking to secure UK residency for family members in Russia and China.

None were concerned that the executive wanted to hide his family background from the Home Office, although they later said the meetings were only advisory and they would carry out due diligence at a later date.

More than 11,000 people have used the investor visa scheme since it was introduced in 2008.

If they keep their £2million invested in British companies for five years, they receive indefinite leave to remain and can ask for a UK passport a year later.   

None of the money is paid to the government and investors could take their money offshore after receiving full citizenship. 

The Home Office said it had ‘substantially’ reformed the investor visa system and said it had ‘some of the most vigorous checks’ in the world. 


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