Political donors could face tougher residency rules
Summary
The UK government plans to change rules so political donors must live in the UK to give large amounts of money. This comes after a debate over big donations from British crypto-billionaires who lived abroad. Under the new rules, people living overseas would have a limit on donations and must show a strong connection to the UK.Key Facts
- The government wants to tighten residency rules for political donors in the UK.
- Two British crypto-billionaires, Ben Delo and Christopher Harborne, donated £72 million to Reform UK while living abroad.
- Current UK law allows British voters living overseas to donate unlimited amounts, but foreign donations are illegal.
- New proposals include a £100,000 donation limit backdated to March 25 and require donors to live in the UK for at least 12 months.
- Donors above the donation limit must prove a real and ongoing connection to the UK.
- The changes are part of amendments to the Representation of the People Bill, now under review in the House of Lords.
- Government officials say the rules apply to all parties, not targeting any one group.
- Critics want even stricter limits, including a universal donation cap.
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