Overview
- The UK government is considering a new investor visa targeting wealthy individuals willing to invest in strategic sectors such as artificial intelligence, clean energy, and life sciences.
- The proposal is part of a broader immigration reform effort aimed at fostering a high-skill, high-wage economy while reducing net migration levels.
- The investor visa plans are at an early stage and being developed alongside potential adjustments to existing visa routes for investors.
- Economic analyses warn that recent tax changes, including the removal of non-dom tax exemptions, could lead to significant fiscal losses and a continued exodus of millionaires.
- Chancellor Rachel Reeves has defended the tax reforms as fair but faces criticism from economists and business leaders over their impact on investment and business confidence.