Author: darioa

United States: FAQs on the June 2021 EB-5 Program Changes

Source: klaskolaw.com Published: 6 July 2021 The EB-5 Immigrant Investor Program saw two very important changes in June 2021. Below are the most common questions our EB-5 visa lawyer team members have been answering as the industry adjusts to these major, and likely temporary, changes. 1. WHAT EB-5 PROGRAM CHANGES OCCURRED IN JUNE 2021? Two major changes occurred. First, a federal court ruled […]

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United States: Immigrant-investor program EB-5, like the wicked witch, is dead, at least for the moment

Source: washingtontimes.com Published: 30 June 2021 The EB-5 program has two main parts; the smaller piece of the program, that calling for aliens to actually run a business in the U.S., has a permanent authorization but few customers. But the larger segment, which dealt with pooling aliens’ investments through middleman “regional centers,” never had a permanent […]

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Finland: Aging Finland seeks to attract skilled immigrants

Source: dw.co.uk Published: 22 June 2021 This year, the United Nations (UN) ranked Finland the world’s happiest country for the fourth year running. The recognition is based on international surveys in which citizens are asked about their perceived happiness. But Finland also faces a major demographic dilemma, namely the fact that 39% of its shrinking workforce is currently over 65. […]

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Dominica: Construction on New Primary School Using Citizenship by Investment Funds Begins

Source: prnewswire.co.uk Published: 22 June 2021 The Government of Dominica is reaffirming its commitment to the education sector after a ceremony recently took place on the island to mark the beginning of the Mahaut Primary School construction. Once completed, the school is anticipated to herald new opportunities for local children while also providing jobs with teachers and administrators. […]

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United States: Backlog of Investor Visa Applications in Limbo as Program Dies

Source: bloomberglaw.com Published: 26 June 2021 The immigrant investor visa program will expire on June 30, despite a last-ditch bipartisan effort led by senators Chuck Grassley (R-Iowa) and Patrick Leahy (D-Vt.) to extend it, with potentially thousands of petitions still pending at U.S. Citizenship and Immigration Services. The Homeland Security Department subagency can’t yet say what the fate of those EB-5 applications […]

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Cyprus: Full text of passport probe conclusions released, criminal investigations set to follow

The attorney-general’s office on Tuesday released the full text of the report by a committee of inquiry into the now-defunct citizenship-by-investment scheme The approximately 780-page dossier, heavily redacted, recommends among others the revoking of the citizenships granted to a number of foreign nationals, and also prompts authorities to investigate the possible commission of criminal offences, […]

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