UK to introduce financial bonds to curb visa misuse
India is also set to face off with UK on visa issues. UK has plans to introduce financial bonds for visitors in order to curb visa misuse. The UK said these bonds will not be for all visitors - it will be for visitors who are in the high risk category and the process will be selective.
June 26, 2013 / 16:04 IST
India is also set to face off with UK on visa issues. UK has plans to introduce financial bonds for visitors in order to curb visa misuse. The UK said these bonds will not be for all visitors - it will be for visitors who are in the high risk category and the process will be selective.
Also read: What the H1B visa proposals mean for Indian IT firmsVisitors from 6 high-risk Afro-Asian countries, including India will be required to furnish 3,000 pounds bond for 6-month visit visa. CNBC-TV18 now learns the commerce minister Anand Sharma has raised the issue with the UK. The ministry of external affairs has also released a statement on the matter. It says it may take up the issue in the India-UK consular meet next month. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
