The Home Secretary has taken decisive action to shut the Tier 1 Investor visa route to all new applicants from all nationalities with immediate effect. The route had allowed entry and stay in the UK if an applicant invested funds in share capital or loan capital in active and trading UK registered companies. It has been under constant review and some cases had given rise to security concerns, including people acquiring their wealth illegitimately and being associated with wider corruption. While work has been done to reform the route in order to prevent abuse, the Home Office has acted to clos…