One agent waited more than 20 months for a Caribbean passport for his clients and said he would never submit another file there again.
The decision to de-prioritize BIIP visa processing has seen wait times extend from a few months to many years. Applicants feel short-changed.
While processing is starting to catch up, Grenada still had a backlog of 1,451 applications worth half a billion (!) USD at the end of Q3.
Processing capacity has tumbled since the onset of the pandemic, but Australia has plans to make up for lost investment this year.
As Canada and Quebec battle the COVID-19 pandemic with curfews and travel restrictions, the Quebec Immigrant Investor Program (QIIP) is getting ready for a showdown that will decide its fate.
In a big week for EB-5, the program received another short-term extension and nearly doubled its number of available visas.
As part of a broader plan to raise emergency funds, the Cypriot government wants to open for the processing of applications slated for next year right away.
Greek residence by investment practitioners say program revenue could be more than double its current level if only the country’s Decentralized Authorities weren’t so inefficient.
If you thought backlogs were only a North American residence program phenomenon, think again; Retrogression has arrived in Europe.
Investment migration firms are taking client fees on the presumption that their applications will be processed in the future. What if that doesn’t happen?
18,800 main applicants fulfilled the obligations of the QIIP but still await their permanent residence permits, a factor partly motivating the suspension.
Applicants to golden visa programs around the world are made to wait years for approval. That puts an unnecessary damper on demand, writes Stephane Tajick.
Rules requiring golden visa investors submit files in the municipality where they bought the property had seen Athens appointments fully booked until 2021.
After accumulating a hefty backlog over the last two years, the Department of Justice have sped up case-handling considerably in the last two months.
Some 1,000 applications remain unprocessed due to missing documentation. To tackle the backlog, the MRVA will no longer accept incomplete applications.
Press release via Business Wire: A group of more than 450 Chinese EB-5 investors are suing the U.S. government to
Portugal’s Borders and Immigration Service (the SEF) reports that its application backlog – which stood at more than 6,000 by
Statistics from the National Visa Center released last week show that, as of November 1st this year, 30,259 applicants were