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IMMIGRATION BY INVESTMENT

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The Quebec Immigrant Investor Program – Where do things stand, and what’s ahead

              By Patrick McCarthy     Since October 31, 2019, investors have not been able to apply for the Canadian Province of Quebec’s popular Immigrant Investor Program (QIIP).  When that intake period closed, the Province indicated that they wanted a chance to review the program and ensure that it was continuing to meet the Province’s immigration objectives.   Earlier this year, that suspension was extended to a maximum of April 1, 2023.  This date, the Province promised, was a maximum.  In a meeting with industry stakeholders on March 30, senior government officials explained that...
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European Commission Steps Up Infringement Procedures Against Malta, Cyprus' ‘Golden Visa’ Schemes

The European Commission has taken further steps in its infringement procedure against Malta’s ‘golden passports’ scheme, warning the country that Malta is failing to fulfil its obligations towards the EU treaties with its citizenship programme.   Last year, Malta phased out the controversial IIP scheme and replaced it with a new scheme that the government says focuses more on residency and can lead to citizenship.   But the European Commission had launched infringement proceedings and asked Malta to provide a detailed explanation.   The government had replied to the EC last year, telling it that Malta would not cede on...
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Investing in the Surging Demand in U.S. Housing

          By Gary Tom Although a bleak economic outlook is not usually accompanied by a booming house market, this is exactly what the U.S. has experienced during the global pandemic – arguably the least likely time for soaring demand for new homes. Yet fuelled by low inventory, among other factors, the evidence is compelling. Even the recent backdrop of emerging concerns in recent months about “an overheated market” hasn’t derailed the momentum.  For example, annual home price gains hit a record high in June, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Considered...
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Portuguese Fund Immigrants in China

By Michael Wolf Chinese mainland's immigration history has more than 30 years, in the past time, the Chinese mainland has been the world's largest immigration exporter, currently all the popular in the market immigration projects in China, many projects, Portugal golden residence visa 5.6 billion euros worldwide, and contributed 5.6 billion euros is Chinese mainland once promote Portuguese gold visa nearly 300 channel institutions, the gold residence became the highest investment immigration project after EB5. In 2020, a COVID-19 outbreak completely disrupted the entire investment immigration industry ecosystem. Most CBI/RBI projects have substantial market share, Despite security issues and travel...
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EB-5 Investor Visa Update

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       While the news on the EB-5 investor visa appears promising, Congress has still failed to reauthorize the EB-5 regional center program beyond its June 30, 2021, sunset date.   Reduced Minimum Investment Amount   A federal district judge has struck down the 2019 EB-5 “modernization” regulation, finding the rule was invalid because it was enacted by DHS officials who were appointed to their posts in violation of the 1998 Federal Vacancies Reform Act (FVRA). Behring Co., the operator of Behring Regional Centers, brought suit...
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China Permanent Residence Application: Explaining the Process in Shanghai

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       We explain the China permanent residence application process, with a focus on Shanghai, and benefits for foreigners living and working in the city.   Due to the COVID-19 pandemic and ensuing travel bans, many foreigners working in China have begun to consider applying for a Chinese “Green Card”, or permanent residence ID card. With the card, an expatriate will be able to enter China just like Chinese citizens, without going through visa formalities.   Holders of a Foreigner Permanent Residence ID Card are not...
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Dominica's Citizenship by Investment Resort Secret Bay Records Highest Sale on Island

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       The Commonwealth of Dominica has quickly become a desired destination amongst property investors seeking a secluded and safe destination. The Residences at Secret Bay, one of the island's award-winning resorts, recently recorded its highest sale ever witnessed in the country. Secret Bay's villa, sold for US$7.1 million, boasts a dramatic cliff-top location with a view of the Caribbean Sea.   Secret Bay operates under Dominica's Citizenship by Investment (CBI) Programme, enabling citizenship to those who invest in approved real estate on the island....
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Hong Kong driving UK golden visa activity during the pandemic

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       By Prof. Dr. Amarendra Bhushan Dhiraj   Research by Astons, the international experts on real estate, residency, and citizenship through investment, has revealed the international makeup of the super-wealthy heading to the UK during the pandemic via the UK Tier 1 Investor visa.   The analysis shows that the number of main applicants for the program was down -20% in Q1 of 2021 when compared to their pre-pandemic level in Q4, 2019. With the number of dependents related to these main applicants also falling by...