'Golden visas' for millionaire foreign investors have been axed with immediate effect amid concerns about dirty money linked to Russia.
Home Secretary Priti Patel confirmed she was scrapping the Tier 1 investor visa route, which grants fast tracked residency to the super-rich who invest more than £2m in the UK.
The scheme, which was introduced in 2008, attracted concerns it was open to abuse by criminal gangs and wealthy investors from hostile countries.