Source document
Explanatory Memorandum to the Statement of Changes in Immigration Rules presented to Parliament on 17 February 2022 (CP 632)
Has everything in it been taken?
CompleteReviewed 9 Oct 2026
Reviewed. Everything in it that belongs in the tables has been taken.
What the document holds
Explanatory memorandum to CP 632 (4 pp.): closure with immediate effect, departing from the 21-day convention to avoid a 'closing down sale'; reasons (small economic benefit, illicit wealth, complex schemes); cites MAC 2014 (threshold raised from GBP 1m to GBP 2m, rules already recorded from HC 607/HC 693), a Home Office review of a sample of extension applications granted in 2019 (no numbers given) and the ISC Russia report; Innovator reforms planned for autumn 2022; no regulatory impact. No programme statistics. Closure event already in the data. Rules restated from other sources are now recorded from this document too (decision 8).
What it supports
3 rows on this site come from this document. Each one opens with the page and the exact words.
Rules and prices (2)
- Investment in shares or securitiesmain applicant (own money); dependants included at no extra investment; settlement after 5 yearsGBP 1,000,000Date not stated · UK Home Office 2022United Kingdom · Tier 1 (Investor) visa
- Investment in shares or securitiesmain applicant (own money); settlement after 5 yearsGBP 2,000,000Date not stated · UK Home Office 2022United Kingdom · Tier 1 (Investor) visa
About the document
What it covers Official reasons for closure: small economic benefit, vulnerability to illicit wealth and complex investment schemes; immediate effect to avoid a 'closing down sale'; cites MAC 2014 and the ISC Russia report.
Source id gbr-ho-cp632-em-2022 · accessed 2 Oct 2026