TNAG-1899-FCO40-2697-Future-of-Hong-Kong-briefing-1989 — Page 106

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

FACILITIES FOR BUSINESSMEN TO ENTER AND REMAIN IN THE UNITED KINGDOM AND TO

ACQUIRE BRITISH CITIZENSHIP

The United Kingdom welcomes inward investment and the entry and stay of persons of means, talent and enterprise. To this end the British Government is ready to make flexible arrangements to help investors who are subject to UK

immigration control to enter and remain in the United Kingdom and ultimately to acquire British citizenship if they wish. This note outlines the arrangements.

Entry clearance

2. UK diplomatic posts in overseas countries will issue an entry clearance to a person who wishes to establish himself in business in the United Kingdom and

who intends to invest a minimum sum (currently £150,000) and whose investment

will create two or more jobs in the UK. He will initially be admitted for one

year. During this time, the holder can re-enter the United Kingdom freely.

Extension of Stay

3.

A person who has been admitted under these arrangements, and whose business is soundly established at the end of the initial year, can expect to receive an

extension of stay on application. The normal practice is for extensions to be

granted for three years. Again, the businessman concerned will be free to

leave and re-enter the United Kingdom as often as he pleases whether in

pursuance of the business which he has established in the UK or otherwise - during this period.

Settlement

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4. The next step is for the person concerned to apply for the removal of any time-limit on his stay in the United Kingdom indefinite leave to remain or

settlement. The effect of this is that, thereafter, the person concerned is

free to leave and enter the UK as often as and for as long as he pleases,

provided he is not away for longer than two years at a time, without further

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