TNAG-1482-FCO40-2036-Economic-and-commercial-value-of-Hong-Kong-to-the-UK-1986 — Page 23

CONFIDENTIAL

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10 DOWNING STREET

From the Principal Private Secretary

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PS; Mr Reuton PS/PUS

30 June 1986

Sirw Handing Dr wiba

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IMMIGRATION OF HONG KONG BUSINESSMEN

The Prime Minister has now seen your letter of 27 June

to Charles Powell which gives further advice on Sir Michael Sandberg's suggestion that British citizenship should be granted to certain wealthy businessmen in Hong Kong in return for investment here.

The Prime Minister is now persuaded, in the light of this further advice, that we should not try to offer British citizenship (outside the provision of the 1981 Act) as an encouragement for Hong Kong businessmen to settle here. She agrees too that the Home Secretary should explain the position to Sir Michael in the way that he suggests in the penultimate paragraph of your letter.

I am sending a copy of this letter to Tony Galsworthy (Foreign and Commonwealth Office).

William Fittall, Esq.,

Home Office

AKK 34.0/2

11 AUG 1906

46/2

CONFIDENTIAL

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