News
22.07.2014 - Russian property owners with a home or property in London have made record returns on their investment
Russian property owners with a home or property in London have made record returns on their investment, owing to a combination of the capital’s recent housing market boom and a weakening rouble.
The value of a luxury property in London has appreciated by 102.7pc over the last five years for Russian homeowners as at the same time as property prices rising the number of roubles to the pound continues to increase.
Russian investors have capitalised on a 71pc rise in prime central London house prices, the strong pound and the rouble’s fall, the rouble has weakened by a third over the last 18 month...
10.07.2014 - New Statement of Changes in Immigration Rules
Last night the Home Office published a new statement of changes to the Immigration Rules that are effective from today.
The most significant change is that those with leave as a Tier 4 (General) migrant will no longer be able to switch into the Tier 1 (Entrepreneur) route in-country, any application would have to be for entry clearance from outside of the UK.
The statement of changes to the Immigration Rules also removes all tests provided by Cambridge International Examinations (CIE), and specific tests provided by Cambridge English and Trinity College London from the list of approved English...
10.07.2014 - MM Case Judgement – Appendix FM Partner Financial Requirement
The long awaited case regarding the financial requirement for partner’s under Appendix FM of the Immigration Rules judgement was finally given today. The three judges ruled that ‘all immigration law is inherently discriminatory’, but in this case they found the financial requirements to be justified.
This means that the financial requirements contained in Appendix FM still remain. To summarise if there are no dependent children the requirements are as follows:
Salary: at least £18,600 for six months
Savings: at least £62,500 held for six months
Or a combination of the above, calculated at (x m...
09.07.2014 - Launch of JCWI and BritCits report on the Adult Dependant Relative Rule and its impact on families – House of Commons
On 09/07/2014, Law Firm Ltd had the privilege of attending the House of Commons for the launch of JCWI and BritCits report on the Adult Dependant Relative Rule (ADR) and its impact on families.
Among others, the launch was attended by shadow immigration minister, David Hanson MP, who pledged to review the ADR and also the family rules in Appendix FM of the Immigration Rules should his party, Labour, be elected in the general election next year.
The report concluded that the ADR rule is harsh, unjust and unnecessary, that as a result of the ADR there is no burden on the tax payer and that it is...
15.06.2014 - Gilts and the interest rate rise
Following recent announcement by the Governor of the Bank of England stating interest rates may rise this year, anyone holding a large number of Gilts should contact their financial advisor and consider their position in the market, as when interest rates go up the value of Gilts falls.
Gilts are bonds issued by the UK (or other) governments to fund its debt. Gilts are normally redeemed at face value between specified dates, which may be 5, 10, or even more years away. They are called gilts because in the old days, loans to the government would be secured with the government's real gold, and b...
09.06.2014 - New Statement of Changes in Immigration Rules – English language test provider, ETS, removed
Today the Home Office published a new statement of changes to the Immigration Rules. The changes are to Appendix O where they have now removed the Educational Testing Service (ETS) as an approved English language test provider from 01/07/2014.
There are transitional provisions, applications for leave to remain (submitted inside of the UK) before 01/07/2014 will still be able to use any qualification from ETS.
Applications for entry clearance (submitted outside of the UK) before 22/07/2014, will still be able to use any qualification from ETS.
03.06.2014 - Queen’s Speech 2014
Today in the House of Lords the Queen delivered her Queen’s Speech at the State Opening of Parliament outlining the government’s agenda for the coming parliamentary year.
It had been expected that the government would outline further changes and restrictions in immigration to the UK, however this was not raised in the Queen’s Speech or listed in the bills to be introduced in the forthcoming parliamentary year.
Although it should be noted when concluding her speech, the Queen stated ‘other measures will be laid before you’, thus leaving the government to introduce new bills not mentioned in the...
29.05.2014 - State Opening of Parliament 2014
The State Opening of Parliament will take place next week on Wednesday 4th June 2014.
As is customary the Queen’s Speech will outline the government’s agenda for the coming parliamentary year, setting out the proposed policies and legislation.
Given the current political climate, with the anti-immigration party Ukip winning the European elections, it is likely that the government will outline further changes and restrictions in immigration to the UK.
We will of course keep you updated after the Queen’s Speech next Wednesday.
28.05.2014 - New Immigration Act 2014 was published
The Immigration Act 2014 (hereafter “the 2014 Act”) now makes it even more difficult for people without leave to remain in the UK (illegal immigrants) to access a wide range of services in the UK and also affects all British citizens, EEA nationals, foreign nationals with legal status in the UK and all U.K. Employers.
The Home Office have stated that the key points of the 2014 Act are:
- It introduces changes to the removals and appeals system, making it easier and quicker to remove those with no right to be here;
- It ends the abuse of Article 8 of the European Convention on Human Rights – the...
22.05.2014 - Tier 1 (Investor) - update
At present the Tier 1 (Investor) route still requires an investment of £1 million. It had been expected that following the Migration Advisory Committee’s (MAC’s) report on the Tier 1 (Investor) route investment thresholds and economic benefits, that was published this February that their recommendations would be implemented into the Immigration Rules in April of this year.
The government have yet to amend the rules regarding Tier 1 (Investors). This may be because they have been preoccupied with the Immigration Act 2014 and the recent local elections.
To remind you the MAC’s recommendations a...
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