TNAG-2644-FCO40-3837-Emigration-from-Hong-Kong-overseas-rights-to-abode-and-passp-1992 — Page 6

8 December 1992

Foreign & Commonwealth

Office

43

A Walmsley Esq

Head of Nationality Division

Immigration and Nationality Department

Nationality Office, 3rd Floor India Buildings

Water Street

Liverpool L2 OQN

Dear Walmsley.

GIBRALTAR: HONG KONG IMMIGRANTS

1.

London SWIA 2AH

Telephone: 071-270 2862

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feces are.

Mrs Bankas Jones

11/12 341/3.

There is much bookgrund to this!

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diary 213

You will recall correspondence, resting with your letter to me of April this year, about the Gibraltar government's wish to encourage wealthy Hong Kong citizens to invest in Gibraltar against a promise of British Dependent Territories citizenship.

2.

I attach a recent letter I have received on this topic from Mike Hill in the Governor's office in Gibraltar in which he (and the Financial and Development Secretary in an attached paper) make the case for reconsideration of the Home Office's position to date on this.

3.

While I fully understand the reasons for your stance, there is no doubt that Gibraltar's faltering economy would benefit considerably from an influx of such funds. And, as Mike Hill's letter points out, while Gibraltar's economy is fragile the danger of HMG having to find money to prop it up is ever present.

4.

HICD

nly.

I should be grateful therefore if you could take another look at this to see whether there is any flexibility in your position.

Your ever drick Conten

HKD 341/3

NP Carter

Southern European Dept

CC Mrs Kellas, B2

Mr Morris, HKD, FCO

8.12Walmsley