Source: iiusa.org Published: 11 March 2022 On the 10th of March, with a vote of 68 yeas and 31 nays, the U.S. Senate passed a sweeping federal spending package that included the reauthorization of the EB-5 Regional Center Program (the “Program”). The House passed the same bill the night before. Now the measure will be signed […]
Source: fragomen.com Published: 4 March 2022 The situation Due to the escalating crisis in Ukraine, EU Ministers announced the activation of the Temporary Protective Directive that provides a residence permit and access to the labour market in EU Member States, among other protections, for Ukrainian citizens and third country citizens residing in Ukraine. Additionally, many countries […]
Source: schengenvisainfo.com Published: 4 March 2022 The European Union’s Council has approved a proposal to partially call off the visa waiver agreement with Vanuatu, upon an evaluation that the latter’s Golden Passport schemes, officially known as investor citizenship programmes, bring risk to the EU countries. The decision was announced on March 3, Thursday, after a proposal […]
Published: 4 March 2022 The IMC is saddened by the violence and unnecessary loss of life as a result of the events unfolding in Ukraine which are already creating an immense humanitarian and refugee crisis that will have devastating and far-reaching economic and social impact around the world. Our concern is also the safety of our members, and […]
Source: cipsaintlucia.com Published: 1 March 2022 The Citizenship by Investment Board (“the Board”) is pleased to announce the appointment of Mr. Mc Claude Emmanuel to the position of Chief Executive Officer (“CEO”) of the Citizenship by Investment Unit (“the CIP Unit”) effective 1st March 2022. Mc Claude holds a BSc. in Economics and Business Management from […]
Source: internationalinvestment.net Published: 28 February 2022 Portugal has suspended the granting of new so-called Golden Passports to citizens of Russia, as part of its response to the EU’s sanctions plan in response to the war in Ukraine. Portuguese foreign minister, Augusto Santos Silva, told CNNPortugal: “The Foreigners and Borders Service (SEF) has already suspended the assessment […]
Source: fragomen.com The escalating conflict in Ukraine has led to an evolving immigration crisis, as individuals evacuate the country and employers work to ensure the safety of employees and their families, which is of course paramount. Fragomen is closely monitoring the situation, and we fully understand the need for considered and timely action. This kind of […]
Source: independent.co.uk Published: 27 February 2022 The United States and European Union have banned some Russian banks from the Swift financial system in the latest sanction against Vladimir Putin’s attack on Ukraine. Western leadership, which also includes the United Kingdom and Canada, expelled Russia from the high-security network that connects thousands of financial institutions around the world in a decision […]
Source: bbc.com Published: 17 February 2022 Visas offering foreign investors fast-track residency in the UK are being scrapped with immediate effect, the home secretary has confirmed. Priti Patel said ending Tier 1 investor visas, for those spending at least £2m, was the start of a “renewed crackdown on illicit finance and fraud”. The scheme was introduced […]
Source: imf.org Published: 14 February 2022 Dominica has been hit hard by the Covid-19 pandemic, with an estimated decline in GDP of 11 percent in 2020 underpinned by a sharp reduction in tourism receipts that affected connected sectors and by lockdown measures to limit virus contagion. The output decline was contained by health spending, social transfers, […]
