HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Brexit 'faces being delayed until January even if a deal is agreed'.
UK ANNOUNCES NEW SPECIAL VISA FOR HONG KONG'S BN(O) HOLDERS, OPEN FOR APPLICATION ON JANUARY 31, 202
Hong Kong's British National (Overseas) passport holders and their immediate dependants will have the right to apply for a new special UK visa from January 31, 2021. A five-year visa will cost £250 per person.
The unstable pound has contrived to aid the property market after Brexit, as overseas investors have made an ever-increasing number of overtures and investments in British property.
Under the new British government plan – which will be put in place when Beijing formally enacts the law – every one of the 3 million Hongkongers who qualify for a British National (Overseas) passport and their dependents could relocate to the United Kingdom to stay and work or study for extendable periods of 12 months, creating a path to citizenship.