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  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...

IMMIGRATION BY INVESTMENT NEWS 2021

  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...

IMMIGRATION BY INVESTMENT NEWS 2021

  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....

IMMIGRATION BY INVESTMENT NEWS 2021

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...

IMMIGRATION BY INVESTMENT NEWS 2021

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         Oman will begin issuing long-term residency to foreign investors, the government said Wednesday as authorities attempt to shore up the Gulf nation's flagging economy.   Depressed demand for oil and the coronavirus pandemic has hit the sultanate's finances hard, pushing leaders to seek alternative sources of hard currency.   Foreign investors and retirees will be granted the right to long stays in the country under the scheme starting in September, the Ministry of Commerce, Industry, and Investment Promotion said in a statement....

IMMIGRATION BY INVESTMENT NEWS 2021

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         With civil unrest marring parts of Asia, particularly in regions like Hong Kong, younger families are seeking routes to second citizenship to protect themselves better. Both political instability and economic uncertainty have been exacerbated by the COVID-19 pandemic, triggering an exodus of those leaving their home countries searching for safety and security.   While Canada and the United Kingdom are common destinations for permanent immigration, St Kitts and Nevis recognises investors as global citizens and offers a different solution. More families are...

IMMIGRATION BY INVESTMENT NEWS 2021

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       By Rasheed Griffith   Foreign policy discussions around China-Caribbean engagement have been uniformly skewed toward speculation on China’s intentions in the Caribbean. It is not too late for the U.S. to arrest the deepening of China-Caribbean engagement that could result in policies that are contrary to U.S. strategic interests. But assessing U.S. interests in this area requires wrestling with the facts on the ground and countering Chinese influence with realistic and robust alternatives.    U.S. policymakers have devoted little time and effort to...

IMMIGRATION BY INVESTMENT NEWS 2021

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       Vedanta Baruah is the CEO of Berns Brett Masaood Insurance LLC, an insurance broking firm that has offices in the UK, the EU, and India. He was granted a special visa in the investor category by the Department of Economic Development, Abu Dhabi, UAE.   Vedanta Baruah, an NRI entrepreneur who hails from Assam's Dibrugarh district, has been awarded the UAE's 10-year Golden Visa, which is mostly reserved for prominent global personalities. Baruah is the first Assamese to receive the UAE's Golden...

IMMIGRATION BY INVESTMENT NEWS 2021