Ministers have proposed a £100,000 donation to voters moving to England.

Overseas voters moving to the UK are banned from making political donations of more than £100,000 for a year after arriving.

Ministers announced the proposed ban alongside tougher controls on company donations which they believe will help prevent foreign funds from influencing UK elections.

The government has previously announced a £100,000 annual donation for Britons living abroad, which has been delayed until March 25.

They now require an individual to stay in the UK for at least a period of time before their donation exceeds this limit. The change could hit two of Reform UK’s biggest supporters. who previously gave millions to Nigel Farage’s party.

Thailand-based businessman British billionaire Christopher Harbor last year. He made a single donation of £9m for reform – The largest single donation by a living person to a UK political party.

The cryptocurrency investor and aviation entrepreneur has committed a total of £12m to rehabilitation by 2025 and a further £3m in January.

The Times reported last month that Harbor was registered to vote in the UK, ExternalAnd in April, the government announced plans to crack down on political financing. It does not stop him from giving money to the party..

Electoral Commission records show that another crypto billionaire, Ben Dello, donated £4m to Reform between January and March.

Dello, writing in The Telegraph in April,, External He said he would return to Britain from Hong Kong and contribute more to reform.

Under the government’s proposed changes, both Harborne and Delo will be among donors covered by the £100,000 cap when they return.

Ministers said there will be other changes to political donations by companies, which will be assessed not only on income but also on their after-tax profits over the past five years.

The government’s aim is to ensure that only legitimate UK-related businesses can make contributions.

Candidates are required to verify that any financial support they receive is from legitimate sources prior to running for office.

They must declare donations in excess of £2,230 received before they can officially be nominated.

The government has said that the proposed amendments to the Representation of the People’s Bill, which is scheduled to return to the House of Representatives for further consideration on July 14, will be amended.

Communities Secretary Steve Reid said: “British democracy is not for sale.

“These tough new laws will stop reinvestment, foreign money influencing our elections and strengthen our democracy.

“We’re taking a global lead in protecting the integrity of our elections and addressing external threats by holding tougher standards for foreign donors and requiring candidates to verify where their money comes from.”

The changes are part of the government’s response. Evaluation of political funding, External Led by former senior civil servant Philip Rycroft.

The review was carried out last year on the threat of foreign countries trying to interfere in British democracy.

In March, the government announced that donations in cryptocurrency to the Kingdom’s political parties were banned alongside the move to cap donations by British citizens living abroad at £100,000 per year.

The changes were critical of the party’s internal affairs spokesman, Zia Yusuf, who accused Labor of “stifling legal aid to its main rival”.