Category: News

OMB Completes Regulatory Review of EB-5 Immigrant Investor Program Modernization Rules: Final Reform Measures may be Published Imminently

The Office of Management and Budget’s (OMB) Office of Information and Regulatory Affairs (OIRA) completed its review of United State Citizenship and Immigration Services’ (USCIS) proposed regulations to update the Immigrant Investor Program known as EB-5. USCIS first published its proposed rules, titled EB-5 Immigrant Investor Program Modernization or RIN 1615-AC07 (EB-5 Modernization Regulation), in […]

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PM Willing to Create Team to Sensitise Correspondent Banks About CIP

In an effort to sensitise correspondent banks on the integrity and security of the Citizenship by Investment Programme’s (CIP’s) application and approval process, Prime Minister Gaston Browne, in his capacity as OECS Chair, said that he is willing to assemble a team of government officials, CIP executives, Anti-Money Laundering and Countering Financing of Terrorism experts […]

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Who is Eligible and How to Apply for the UAE’s 10-year Golden Residency Visa?

The golden card is a long-term residency scheme, announced by Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, last month. Since its launch, more than 400 investors and businessmen, including some of their families, have been granted the visa with dozens more receiving it each day. Sheikh Mohammed said 6,800 investors and residents, worth an […]

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Mehul Choksi’s Citizenship to be Revoked, Extradited After he ‘Exhausts Legal Options’: Antigua PM

Antiguan Prime Minister Gaston Browne said his government will revoke the citizenship of fugitive businessman Mehul Choksi after he has exhausted all his legal options, according to a report by Antigua Observer Newspaper. This will pave way for his extradition. “His citizenship was processed. He got through, but the reality is his citizenship will be revoked and […]

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H. Ronald Klasko, Managing Partner of Klasko Immigration Law Partners, LLP, Receives AILA Founders Award for Second Time

At the Annual Conference of the American Immigration Lawyers Association in Orlando, Ron Klasko was awarded the Bar Association’s highest award, The Founders Award. Presented to the person or organization “who has had the most substantial impact on the field of immigration law or policy”, the honor has only been awarded three times in the […]

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David Chen Says IMC’s Work is “Extremely Important” and Hopes More Chinese Firms Join

China accounts for about two-thirds of the global investment migration market, and make up a majority of applicants in virtually every European residence by investment program. The country is also home to many of the world’s largest investment migration companies. Yet, only a handful of China-based firms are members of the IMC, the industry association […]

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