The Investment Migration Knowledge Platform
After raising $190m from investors migrating to the US, Rogelio Caceres is gearing up to meet the exploding demand in the opposite direction.
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David Lesperance: Democrat Senators’ assertions notwithstanding, US citizens are renouncing citizenships at the mere prospect of wealth taxes.
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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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Angie Rupert writes about how vaccinations, an immigration-friendly government, and a forecast post-pandemic consumption boom could spur a new wave of immigrant entrepreneurs.
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Only 18% of E2 approvals in FY2020 were issued during the last six months of the year. As consulates gradually resume services, the program faces a long climb back.
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If passed, the bill would see EB-5 wait times for applicants filing today equalized to more than eight years, regardless of country of origin.
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Presuming an average family size of three and investment of US$250,000, the program will have raised in excess of US$3.6 billion in FY2019.
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In the absence of new legislation, litigation blocking the order, or a Presidential reversal, Hong Kong’s EB-5 investors are in for retrogression.
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IIUSA’s Lee Y. Li conducts a detailed statistical analysis on EB-5 investment trends in one of the program’s fastest-growing markets.
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Available EB-5 visas in 2021 will most likely be much higher than it has ever been in the past, writes Marko Issever.
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Will Trump’s freeze on L-visas sway demand for E-2? We put the question to US immigration attorneys Matthew Galati and Angie Rupert.
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It’s the second time in EB-5 history that the number of I-829 filings exceeds 1,000 petitions within a single quarter.
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“It is a program that could have helped in economic recovery, with this pandemic. To the business community, it is deplorable,” said lawyer Maxime Lapointe.
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President Trump has now signed that executive order. The phrasing makes it clear that neither E2 nor EB-5 applicants will be affected.
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A former President of the American Immigration Lawyers’ Association thinks we have only seen the contours of the fallout from changes to the EB-5 program.
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While rejection rates are rising, refusal rates vary markedly between different applicant types; investors, managers, essential employees, and dependents.
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New rules raising min. investments to $900,000 are scheduled to take effect this week. President Kraft of IIUSA thinks there’s a chance that won’t happen.
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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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While the announcement spoke only of a suspension, “it is not clear if the program will reopen, and under what conditions,” said one major service provider.
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Angie Rupert compares the EB-5 and E-2 visas on which gives clients more flexibility in terms of work, running a business, and traveling.
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