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The visa holder could apply to settle after 5 years or less; the greater the investment, the shorter the waiting period. [55] According to the Home Office, 255 visas of this type were granted in the first half of 2019. The Tier 1 (Investor) visa scheme was closed to new applicants on 17 February 2022. [54]
In July 2020, the UK Department for Business, Energy and Industrial Strategy revealed that international students who complete a PhD from Summer 2021 can stay in the UK for 3 years after study to live and work with the Graduate Route visa, as opposed to 2 years for undergraduate and postgraduate students. [45]
The UKVI's role has widened in the aftermath of Brexit. In January 2021, the UK implemented a new points-based immigration system, and EU, EEA, and Swiss citizens who resided in the UK must have applied to the EU Settlement Scheme to continue living in the UK after the Brexit transition period. [7]
Debt interest has grown as a proportion of government spending in the last few years as a result of rising interest rates, and increased debt due to primarily to the cost of the Covid pandemic. [10] In financial year 2018-19, debt interest was £43 billion - around 5% of total government spending [11] compared to around 10% in 2023-24.
The Integrated Review of Security, Defence, Development and Foreign Policy, [1] often known as the Integrated Review, and titled as Global Britain in a Competitive Age, [2] was a review carried out by the British government led by Boris Johnson into the foreign, defence, security and international development policies of the United Kingdom. [3]
In February 2021, the UK's new visa scheme stated that Hong Kong residents with a British National (Overseas) passport can stay in the UK for five years and get full citizenship. [ 235 ] In May 2022, a new visa scheme was offered to graduates from the world's top 50 universities, giving them a two year long work visa with the opportunity to ...
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It successfully concluded an agreement after two years of negotiations. [5] [6] In April 2021, The Lord Grimstone of Boscobel established the UK Investment Council under the DBT to enhance UK inward investment and inform the trade policy of the UK by providing a forum for global investors to offer high-level advice to the government.