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backlog

Asia-Pacific Editor's Picks Intel & Data 

Australia BIIP Approvals Down Almost 40% in Year to June 30th, 2020

February 11, 2021February 11, 2021 Christian Henrik Nesheim asia-pacific, australia, backlog, biip, club, data, golden visa, residence by investment, siv, statistics

Processing capacity has tumbled since the onset of the pandemic, but Australia has plans to make up for lost investment this year.

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North America Tajick's Take 

Quebec IIP’s Future Hangs in the Balance as Govt. to Decide its Fate in March

February 4, 2021April 5, 2021 Stephane Tajick backlog, canada, club, golden visa, north america, qiip, quebec, residence by investment, retention, tajick, tajick's take

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.

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North America Policy Updates 

EB-5 Allocated Record 18,567 Visas for FY2021 As Program Extended Through Dec 11th

October 3, 2020October 3, 2020 Christian Henrik Nesheim aaron grau, backlog, club, eb-5, extension, golden visa, iiusa, residence by investment, retrogression, suzanne lazicki

In a big week for EB-5, the program received another short-term extension and nearly doubled its number of available visas.

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Europe Policy Updates 

Cyprus CIP to Scrap Applicant-Cap, Process 700 Extra Cases to Raise COVID-Recovery Funds

April 16, 2020June 11, 2020 Christian Henrik Nesheim backlog, cbi, cip, citizenship by investment, club, coronavirus, cyprus, europe, policy updates

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.

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Europe 

Inefficient Bureaucrats Costing Greece Billions in Lost Golden Visa Revenue Say Practitioners

January 26, 2020January 26, 2020 Christian Henrik Nesheim backlog, club, europe, golden visa, greece, greek, residence by investment, waitlist

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.

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Europe 

Cyprus Citizenship by Investment Program “Sold Out” Until 2021

December 5, 2019December 5, 2019 Christian Henrik Nesheim backlog, cbi, cip, citizenship by investment, club, cyprus, europe, retrogression, waitlist

If you thought backlogs were only a North American residence program phenomenon, think again; Retrogression has arrived in Europe.

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Opinion Tajick's Take 

Backlogs: An Existential Threat, Not Just to Programs But to Agents as Well

December 4, 2019June 15, 2020 Stephane Tajick backlog, club, eb-5, opinion, qiip, tajick's take, waitlist

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?

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North America 

Québec IIP’s 20,000-Application Backlog Precipitated Suspension

November 6, 2019November 6, 2019 Christian Henrik Nesheim backlog, canada, club, north america, qiip, quebec, residence by investment

18,800 main applicants fulfilled the obligations of the QIIP but still await their permanent residence permits, a factor partly motivating the suspension.

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Industry Trends Tajick's Take 

Long Processing Times Among Golden Visas is an Unnecessary Curb on RCBI-Demand

July 24, 2019October 15, 2020 Stephane Tajick backlog, eb-5, opinion, processing times, stephane tajick, tajick's take, trends, united states, waitlist

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.

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Editor's Picks Europe Policy Updates 

Greece Decentralizes Golden Visa Processing to Tackle Two-Year Waitlists in Greater Athens

June 30, 2019October 31, 2019 Christian Henrik Nesheim backlog, club, decentralization, golden visa, greece, greek, policy update, residence by investment, waiting list

Rules requiring golden visa investors submit files in the municipality where they bought the property had seen Athens appointments fully booked until 2021.

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Europe Intel & Data 

Ireland: 52% of 2018’s Investor Visa Applications Still Await Decisions, But Backlog Reduced by 32% Since May

June 26, 2019June 26, 2019 Christian Henrik Nesheim backlog, data, europe, golden visa, ireland, ireland immigrant investor programme, irish, processing times, residence by investment, statistics

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.

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Europe Influencers Intel & Data Interviews 

Malta’s Golden Visa Has Received 1,600 Applications, But Backlog is Growing Due to Agents’ Sloppy Filing

June 11, 2019June 11, 2019 Christian Henrik Nesheim backlog, data, europe, influencers, interview, malta, mizzi, mrva, mrvp, processing, residence by investment, statistics

Some 1,000 applications remain unprocessed due to missing documentation. To tackle the backlog, the MRVA will no longer accept incomplete applications.

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China North America Press release 

450 Chinese EB-5 Investors Sue US Govt. Over 15 Year Wait Times

July 26, 2018 Christian Henrik Nesheim backlog, china, chinese, eb-5, golden visa, lawsuit, press release

Press release via Business Wire: A group of more than 450 Chinese EB-5 investors are suing the U.S. government to

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Europe Intel & Data 

Portugal Virtually Wipes Out Golden Visa Application Backlog in Just Six Months

July 15, 2018 Christian Henrik Nesheim backlog, golden visa, portugal, residence by investment, SEF, statistics

Portugal’s Borders and Immigration Service (the SEF) reports that its application backlog – which stood at more than 6,000 by

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China Editor's Picks North America Popular 

EB-5 Waiting List Reaches a Dizzying 30,000 Applicants, Nearly All Chinese

December 13, 2017January 5, 2018 Christian Henrik Nesheim backlog, china, chinese, eb-5, waiting list

Statistics from the National Visa Center released last week show that, as of November 1st this year, 30,259 applicants were

Read more

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