>

Can we start using “oligarch” to describe all billionaires/politicians now?
I would imagine that statement rings true for recipients of “investor visas” from and in many countries >

It worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment.  in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed. >

Isn't this how all investor visas are supposed to work? A certain amount of investment every year. >

Yep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school. >

For real. How many oligarchs does Russia have? >

Especially with them all jumping out of Windows >

This is the best tl;dr I could make, original reduced by 73%. (I'm a bot)


Ten Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a "Golden visa" route for the super rich to move to the UK, Suella Braverman has disclosed.
The home secretary said "a minority" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.
The disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.


Extended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5