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From the Private Secretary
163
CONFIDENTIAL
DIEU
ET MON
PROI
10 DOWNING STREET
ник HUKI 040/4/21
RECEIVED IN REGISTRY
- 7 FEB 1986
DESK OFFICER
Dear her,
INDEA
The Galsworthy Hack $239 ups PS/PUs for WHerding
Dr Wilson
21 January 1986
REGISTRY Action Fak
WAY;
HONG KONG
IMMIGRATION
When the Prime Minister saw Mr. Sandberg, Chairman of the Hong Kong and Shanghai Bank, on other business this morning, he referred to a problem which he had discussed the day before with the Home Secretary, namely the position of four or five extremely wealthy Hong Kong Chinese who wished to acquire British passports. The people in question had immense wealth and were prepared to invest substantially in the United Kingdom. He understood that it was at the Home Secretary's discretion to allow people such as them to acquire British nationality in these circumstances provided they were prepared to live in the United Kingdom. The problem was that the Hong Kong Chinese in question could not meet the second criterion because they needed to be able to continue to manage their investments from Hong Kong. It seemed absurd for the United Kingdom to forego the opportunity of the substantial investment in question on a technicality. The Home Secretary had promised to write to him about it.
The Prime Minister said that she would seek the Home Secretary's
advice.
I am copying this letter to Stephen Boys Smith in the Home
Office.
Len Appleyard, Esq.,
Foreign and Commonwealth Office.
CONFIDENTIAL
yans
friarch,
Pris 20
(C. D. POWELL),
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