The visa program in question has been in effect since 2008 and is an incentive for foreign investors to invest in Great Britain. Although the visa scheme itself had been under scrutiny before, the UK speeded up a review of the program after information was leaked to the media about a possible Russian invasion of Ukraine.
A blow to the Russian oligarchy. Filter “Golden Visas”
Russian oligarchs often use “golden visas” and depriving them of this possibility is treated as punishment against Russia. Similar conclusions came to the head of the Russian Foreign Ministry, Sergei Lavrov, and warned against such a move even before the British decision was announced. In response to speculation that the United Kingdom and Lavrov threatened that Britain might resort to such a mechanism, and that Russia would then decide to take retaliatory measures. However, he did not explain exactly what he meant by revenge.
Investor visa i.e. golden visa is a mechanism that allows foreign investors to stay in the UK with their families. The requirement is to invest a minimum of £2 million in the UK. The Interior Ministry has issued 2,581 investor visas to Russian citizens since the program was introduced, according to the BBC.
Tensions between Russia and Ukraine
Great Britain’s decision is another initiative of that country in opposition to the intensified Russian military operations on the border with Ukraine. And on Thursday, February 17, it was also announced that Great Britain had entered into an alliance with Poland and Ukraine, which would be one of the solutions to Russia’s imperial aspirations.
Read also:
Russian-Ukrainian relations. The latest information from February 17
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