Suggestions on charging the rich £3m for staying in Britain

Tuesday 30th June 2015 11:47 EDT
 
 

It has been said that one of Prime Minister David Cameron's advisor has given the suggestion of introducing an “entry fee” of £3 million for wealthy foreigners who want to stay in the UK; this would help tame the immigration wave.

Sir David Metcalf, chairman of the influential migration advisory committee (MAC), said the sale of 100 fast track “investor visas” each year would raise £3 billion over a decade.

Metcalf suggested the funds could be used for immigration “enforcement”, in order to prevent the kind of scenes witnessed in Calais, France, as migrants tried to vehicles to get into the UK.

In 2014, 1,018 rich foreigners were granted investor visas. Half were Chinese and 19% were Russians. Metcalf said, “We are paying the Russian oligarchs to come here but getting nothing from it. The system doesn’t work for UK residents in my view. Why don’t we have a system where UK residents can get something?”


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