In this report Transparency International UK highlights how the UK’s Tier 1 Investor scheme can be vulnerable as a tool to launder the proceeds of corruption from around the world.

In particular, it is highly likely that substantial amounts of corrupt wealth stolen from China and Russia have been laundered into the UK through the UK’s ‘golden’ visa programme.

Corrupt funds that are laundered through the UK represent misery for millions of people. The money has been stolen from corruption-resources-corruption-resources-health and corruption-resources-corruption-resources-education budgets from infrastructure and law enforcement, and many other areas of public spending.

This both degrades those services and removes funds that should rightfully be invested in their country of origin.