Russians buying property attended to obtain British citizenship

04.03.2014 00:00
Articles about real estate | Russians buying property attended to obtain British citizenship In Russia, sharply increased the demand for real estate appraisal in London worth a million pounds, which gives the right to buy the visa investor, and subsequently, British citizenship. This is stated in the company Knight Frank. As the realtors in the past three months, the number of requests for real estate appraisal for this purpose increased by 2.5 times . High activity of Russians experts explain the UK government plans to tighten the requirements for investors.

Investor visas were introduced in 2008 to attract foreign capital in the economy. Currently, the visa is issued for 5 years at an investment of millions of pounds. It allows you to get permanent residency and then citizenship investor himself and his family . When investing £ 5 million residence permit issued three -year stint on a visa by investing 10 million pounds - in two years.

Related article: Investors are pushing up property prices

Now in the UK discussed the issue of raising the lower threshold to obtain investvizy £ 10 million or its abolition. As stated Prime Minister David Cameron , the decision to reform the rules for obtaining visas to be adopted in April this year.,
Content tags: Overseas property
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