Will Trump's 'golden visas' threaten Rachel Reeves's tax plans?
Fed up with Rachel Reeves’s tax rises, with the calls for wealth and mansion taxes, and the loss of non-dom status? For $5 million (£3.95 million), there is now a very easy escape route. President Trump has just announced a ‘golden visa scheme’, allowing investors an easy path to American citizenship. That is aimed at attracting global entrepreneurs to the US. But it could also pose a real threat to the British economy. The UK depends on a small group of taxpayers to keep its huge state machine financed It is certainly a dramatic move. Golden visas that allow citizenship in return for investment have traditionally been restricted to a