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“We cannot sit by and allow CIP to be turned into a slush fund at the whims and fancies of the Cabinet,” said MP Allen Chastanet.
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What do “budget reconciliations,” “continuing resolutions,” “omnibuses,” and “minibuses” mean for the future of EB-5? Aaron Grau answers.
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An email circulated among staff at the Saint Lucia CIU indicates Nestor Alfred’s tenure is coming to a close following a political shake-up.
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Parliamentary Secretary Muscat once again reminds Ursula von der Leyen that deciding whom to naturalize is Malta’s sovereign prerogative.
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The opposition has swept Allen Chastanet’s United Workers Party from office in a decisive electoral victory. What does it mean for the CIP?
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Aaron Grau argues that some EB-5 regional center program advocates, in their pursuit of an ideal but unfeasible reform package, are risking re-authorization altogether.
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Though the Senate rejected Grassley and Leahy’s request for unanimous consent, reauthorization bills are still pending, writes Aaron Grau.
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What many had feared has happened: The regional center program will expire next week, potentially affecting as many as 100,000 investors.
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Following a ruling yesterday, the EB-5 Modernization Rule, which raised the program’s minimum investments in 2019, is no longer in effect. That could change quickly.
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Despite repeated assurances of an imminent reopening, the MM2H remains inactive 21 months after its initial suspension. Insiders say politicking is to blame.
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The European Commission has sent a “Reasoned Opinion” to Cyprus and an “additional letter of formal notice” to Malta.
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Dominica is back on the European Council’s blacklist of tax havens. Bermuda is opening a pricey residency by investment program.
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Giegold openly denounced von der Leyen in the European Parliament, accusing her of “extending an open invitation to criminals.”
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As Vincentians go to the polls on Thursday, they are effectively casting a vote for or against citizenship by investment.
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Cyprus and Malta must now provide “satisfactory” answers within two months or see the matter referred to the European Court of Justice.
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Not as advertised: A 15-year veteran MM2H advisor questions whether authorities really want foreigners to make Malaysia their second home.
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“We are looking closely at actions that are taken and actions being contemplated by the EU and also by the OECD,” said Ambassador Colin Murdoch.
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Vanuatu’s new government wants more transparency for its two CIPs. Particularly for the VCP, a program exclusively operated by a single agent in Hong Kong.
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Opposition MPs had also insisted on removing a legal provision that would ensure the concealment of CIP-applicants’ identities.
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The government, however, says it will propose a further extension of the moratorium, one that could last until 2021 if approved by parliament.
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