Wealthy Migrants Welcomed to UK
Wealthy foreigners are being encouraged to migrate to the UK in an effort to make Britain a desirable destination for rich migrants.
After a move to restrict the number of non EU workers coming to live in the UK, home secretary Theresa May has said that high net worth individuals and wealth creators would be exempt from any cap.
Her comments come after the unveiling of a new immigration cap of 21,700 per year of skilled non EU workers becoming resident in the UK per year.
Critics say this will damage the economy, whilst making little impact to the goal of reducing migration to tens of thousands per year by 2015.
It is believed that people who invest more than £5 million in the UK will be given UK residency within 3 years and full citizenship within five.
Home office lawyer Kamal Rahman said such investors will only have to live in the UK for six months, down from the current nine month rule and becoming more aligned with the Canadian system.
Canada currently attracts 3000 wealthy foreign investors per year, which is ten times the amount the UK currently gains.
His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.
Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.
Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.
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Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that enabled him to help so many clients over the years.
His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.
Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.
Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.
