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Immigration Bill

Moved by

Lord Wallace of Saltaire

242S: After Clause 55, insert the following new Clause—

“Tier 1 (Investor) visa

(1) The Secretary of State must make rules which shall come into force no later than 1 January 2017—

(a) to close the Tier 1 (Investor) route;

(b) to close applications to extend leave under Tier 1 (Investor) to applicants in the United Kingdom before 1 January 2017.

(2) Nothing in this section shall affect leave to enter or remain of the holder of a Tier 1 (Investor) visa granted before that date in accordance with that leave.”