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after failing to renew UK visa
Tuesday, May 29, 2018 –
6:43am
Russian billionaire and Chelsea football club owner Roman
Abramovich has been granted Israeli citizenship and will move to
Tel Aviv, according to a spokesman from the Israeli government.
Abramovich, who is Jewish, had been facing lengthy delays in
renewing his British visa, which expired last month. The Home
Office has declined to comment on his case.
The Guardian says “the British government would
have required some financial disclosures if Abramovich’s UK visa
was to be renewed”, adding that “Abramovich fell foul of tighter
regulations imposed in 2015”.
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His visa application came against a backdrop of deteriorating
diplomatic relations between London and Moscow over the poisoning
of Russian former double agent Sergei Skripal and his daughter in
March.
“There have been calls in Britain for sanctions that would hurt
super-rich Russians with homes in London,” the AFP news agency reports.
Abramovich flew into Israel early yesterday in his private jet,
and received an Israeli identity card under the Law of Return,
which allows Jewish people to become citizens of Israel.
As a new citizen, “Abramovich is exempt from taxes in Israel on
income earned abroad for ten years, and need not declare the
sources of that income for the same period”, the Times of Israel says.
By moving to Tel Aviv, Abramovich – whose personal wealth is
estimated to be £8.6 billion – will instantly become the richest
person in Israel.
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