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NEWS: UK set to abolish ‘golden visa’ scheme within weeks as country grapples with Russian ties

By Elizabeth Hearst for AMLi

The UK is expected to abolish its ‘golden visa’ scheme within weeks, as the country attempts to shed “dirty money” links to Russia.  

Amid calls for the UK to bolster its anti-money laundering regimes and crack down on perceived dirty money sloshing around the UK, the country is expected to scrap its Tier 1 “investor visa” scheme which has attracted wealthy Russian and foreign investors. 

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