Metcalf, David - Centre for Economic Performance, LSE - 2014
Simple reforms to the 'investor route' system whereby wealthy foreigners can get permanent residence in the UK would … auctioning visas. As critics have argued, this controversial idea would indeed be 'selling settlement' - but at present the UK is … giving it away. And while no one knows the optimal 'certain' price of a UK investor visa, an auction would establish that …