The Island's Tier 1 (Investor) visa has been scrapped, after the UK has done the same following security concerns.
The visa was for high net worth individuals who made a substantial financial investment to the Island of at least £2m.
Only six applications had been made since 2014, with none being received since 2017.
This visa route has closed with immediate effect, as the UK closed theirs due to security concerns about where the money has come from in some applications.