The number of millionaires and billionaires applying to move to the UK as part of a special visa programme aimed at attracting rich immigrants rose 46 per cent last year. In the 12 months to 30 March, 405 high net worth and ultra-high net worth individuals applied to come to the UK on a Tier 1 investor visa. Applicants for the visa, which allows people to stay in the country for three years, must have at least £2m to invest in the UK.

Source: www.independent.co.uk