Russian and Chinese millionaires can buy access to British passports by exploiting a flawed Home Office scheme fast-tracking the super-rich, an investigation has revealed. The scheme — which requires a minimum £2m investment in a UK company — has admitted more than 11,000 people since it was set up in 2008. Officially called the tier 1 investor visa, the scheme gives wealthy foreigners the right to live in the UK and the chance to apply later for full citizenship and a passport. Unlike other nations, the UK does not ask visa applicants to pay any of the £2m sum to the government or stipulate that the money should create British jobs or boost areas of deprivation. It does not stop investors taking the money back offshore after they have secured the right to live permanently in Britain.

United Kingdom: cash-for-passports scandal

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