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The United Kingdom is hoping to reel in some millionaires with this new proposal.
The U.K. government is now pondering a visa that would grant three years of residency to wealthy foreigners who invest more than $6.7 million (5 million pounds) into the nation—and it’s only available by invite. The plan aims to draw UHNW individuals from abroad back into the country after tax breaks for the group came to an end in 2025, causing some of those affluent folks to relocate, Bloomberg
