Minister cherry picks ‘golden visa’ research to justify changes
Minister uses 10-year-old research to claim wealthy migrants double down on investments after gaining residency.
Erica Stanford at the migrant visas announcement.
Research cited by the Government to partly justify its revamp of ‘golden visas’ for wealthy foreign investors is 10 years old and paints a mixed picture of whether those investors ramp up their investment once they gain residency.
At the recent launch of the tweaked Active Investor Plus visa,
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