2021 – A new era for Private Wealth Immigration?

In our latest Private Wealth webinar (29 July), we explored the future of immigration for high net worth individuals in a post-pandemic, post-Brexit world.

Speakers: Suzanna Harvey (partner), Myra Leung (solicitor) and Katie Hayes (solicitor).

Our 10 key takeaway points

1. Post-Brexit, EEA nationals and their family members are now subject to the same Immigration Rules as non-EEA nationals.
2. The Tier 1 (Investor) visa is still an attractive route for HNW individuals wanting to move to the UK.
3. With family visa applications, choosing the right category and preparing the right supporting documents is crucial.
4. The new Student and Graduate visas provide more opportunities for those studying in the UK.
5. Commonwealth citizens with a UK-born grandparent can often take advantage of the UK Ancestry visa route.
6. The Hong Kong BN(O) route has the most generous provisions for bringing dependants to the UK.
7. Senior executives should consider which employment-related route best suits their circumstances.
8. “Residence” for immigration purposes is not the same as “residence” for UK tax purposes.
9. “Citizenship” and “domicile” are two distinct concepts, although they do interact.
10. Pre-arrival tax planning should be considered in conjunction with UK immigration advice.

A recording of the webinar is available on our website here.