CONFIDENTIAL
4. In your letter you suggested that the Gibraltar authorities might establish a special form of non-resident settled status. Might this be the way forward, and if so, how could it be achieved? Clearly such status would need to carry a bar to the achievement of BDTC status in order to prevent the automatic acquisition of citizenship under section 5 of the 1981 Act.
5. Incidentally, I believe that it is possible to naturalise as a GBDTC as one would achieve citizenship through naturalisation in the UK. Does this mean that, if any Hong Kong investors chose to move to Gibraltar then, provided they fulfilled the requirements of the Act, and were being considered on a case by case basis rather than as a group, the Governor would be obliged to register them as GBDTCS and there would be nothing we could do to discourage this?
CC: Mrs Grimsey, HKBU, QAG
bcc:
Garel-Jones
Madlen SED Fifoot LA Chamberlain LA Tsang HKG
Deputy Gor. Gibralte.
ever
You
John
J C Morris
Hong Kong Department
CONFIDENTIAL
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