UK suspends 'golden visas' for rich to tackle money laundering
The UK has suspended the Tier 1 visas, known as "golden visas", which offer foreign investors a fast-track to settle in the UK, as part of a crackdown on money laundering and organised crime. Tier 1 investor visas were introduced in 2008 and required an investment of Â£2 million, offering non-European Union residents over three years entry.