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On 20 November, Beverley Hughes MP, minister of state for citizenship, immigration and counter-terrorism, announced at the International Bar Association’s Global Business Immigration Conference that the Government intended to introduce a new investor category as soon as possible. This category would deal with high net worth individuals who had at least £2m of net assets and wished to borrow £1m from an authorised financial institution to satisfy the financial elements of the current investor category.

 

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