Chelsea owner Roman Abramovich emigrates to Israel

Reuters Staff  Reuters

Reuters Staff Reuters

An Israeli immigration absorption ministry spokeswoman declined to comment on the reports but a spokeswoman for the Population Administration which oversees border control confirmed that the billionaire was in Israel.

Israel grants citizenship to any Jewish person wishing to move there and a passport can be issued immediately.

Then-Home Secretary Amber Rudd said in March that the British government was reviewing Tier 1 investor visas granted to about 700 wealthy Russians.

Joe Skipper  Reuters                   Abramovich's little boat
Joe Skipper Reuters Abramovich's little boat

Thus, with a personal wealth of some 12.5 billion United States dollars, Abramovich has become Israel's richest national.

There has been a delay in processing Abramovich's British visa amid a Whitehall crackdown on Russian applications in the aftermath of the Sergei Skripal nerve agent poising which Theresa May has blamed on Moscow.

'In total, Abramovich spent about three hours in Israel, ' stated the report. It quoted two unnamed sources as saying the football team owner's British visa expired in April. Ynet News reported that Mr. Abramovich has already opened a bank account in Israel, and that he will reside at a $28 million (NIS 100 million) estate in the picturesque Neve Tzedek neighborhood in Tel Aviv, which he bought in 2015.

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The British government has accused Russian Federation of carrying out the attack, which Moscow denies.

He is set to move to Tel Aviv after buying a property there.

The UK's foreign secretary, Boris Johnson, hinted last week that the UK could take action against Russian oligarchs in the wake of the poisoning of the Skripals.

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Israel's media has speculated for days that the businessman was seeking citizenship.The Times of Israel said Abramovich would be exempt from paying tax in Israel for 10 years and would not need to explain the sources of his wealth in that time.

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