The ‘investor route’ to UK citizenship

David Metcalf

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: Simple reforms to the 'investor route' system whereby wealthy foreigners can get permanent residence in the UK would benefit current residents and signal that the country is open. That's the view of Sir David Metcalf, chair of the government's Migration Advisory Committee and an active CEP researcher for three decades. In particular, he restates the benefits of auctioning visas. As critics have argued, this controversial idea would indeed be 'selling settlement' - but at present the UK is giving it away. And while no one knows the optimal 'certain' price of a UK investor visa, an auction would establish that price.

Keywords: Migration Advisory Committee; visas; policy (search for similar items in EconPapers)
Date: 2014-10
New Economics Papers: this item is included in nep-mig
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:430

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