Lord Paddick
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Investor Visas: Money Laundering
Lord Paddick Excerpts(8 years, 1 month ago)
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Lord Keen of Elie
The question, in my respectful submission, is not well aimed, and there is no question of persons being able to buy their way into the United Kingdom. There is a means by which they can invest in the United Kingdom, but they are subject to very clear checks, which have been improved since 2014.
Lord Paddick (LD)
My Lords, I am greatly encouraged by what the Minister has said about investigations going on into pre-2015 cases. Can he tell the House how many tier 1 visas have been revoked as a result of those investigations?
Lord Keen of Elie
At the present time, I am not aware that any tier 1 visas have been revoked. Of course, tier 1 visas lead on to an application for indefinite leave to remain. When that application is made, one issue that is addressed is any suggestion of criminality.