News – My Global Citizenship

2023

The American Dream Magnifies: Growing Interest among Indians in the US EB-5 Investment Visa Program

Jun21

The US EB-5 Visa program seeks to entice international capital into developed areas with high unemployment. The United States is an attractive destination for business professionals due to its superpower status, economic growth, ample business opportunities, and equal rights and benefits for citizens. The EB-5 Visa program offers a way for foreign investors to obtain US permanent residency by investing in projects that create jobs in underemployed areas and developed regions. The program is openRead More >>

The Green Card Backlog: A Growing Crisis

myglobalcitizenship

Jun15

A significant issue that affects talented immigrants from every corner of the world is the backlog for green cards. The yearly ceiling on green cards, the per-country restriction, and the strong demand for green cards from qualified workers are a few of the causes contributing to the backlog. As of 2023, there is a backlog of over one million applicants waiting for green cards in the employment-based category. The wait times for these green cardsRead More >>

Unveiling the Enhanced EB-5 Regional Center Program: Your Comprehensive Guide to Investor Success

myglobalcitizenship

Jun14

With the introduction of the EB-5 Reform and Integrity Act of 2022, the EB-5 Regional Center Program has experienced substantial changes, therefore both present and potential investors must be educated. The lack of specified restrictions regarding age, business training, managerial abilities, expertise, or language competence is one of the main benefits of the EB-5 visa. It is a desirable option for anyone desiring permanent residency in the US due to its flexibility. For entrepreneurs seekingRead More >>

How likely are you to be granted an H-1B visa? You can get an idea from these statistics.

myglobalcitizenship

Jun06

The H-1B season is in full swing in the United States, with numerous individuals worldwide competing for the highly sought-after work visa. The current annual regular cap for the H-1B category, set by the US Congress, is 65,000. An H-1B temporary worker is typically a non-citizen who enters the United States to perform services in a specialized occupation. American employers submit H-1B petitions on behalf of the employees they have hired, and recipients are selectedRead More >>

2022

Thailand lures digital nomads for the long term, with 10-year ‘work from Thailand’ visas and an ultralow tax rate

myglobalcitizenship

Aug16

The sandy beaches of Phuket, the bustling streets of Bangkok, and the mountains of Chiang Mai could all soon be options for digital nomads looking for their next home base. Thailand will soon offer a 10-year visa to potential long-term residents, with applications opening Sept. 1. The scheme hopes to attract “foreign human resources with high potential and skills,” Narit Therdsteerasukdi, deputy secretary general for the Thai Board of Investment, told Nikkei Asia. The visaRead More >>

New Zealand Launches new investor migrant visa category

myglobalcitizenship

Jul23

A new Active Investor Plus visa category is created to attract high-value investors. The new visa will replace the existing Investor 1 and Investor 2 visa categories. Eligibility criteria includes a minimum $5 million investment and encourages greater economic benefit to New Zealand companies by capping passive investment in listed equities to 50 per cent and excluding bonds and property. Visa category will open 19 September 2022. Read More >>

Cambodia launches “My Second Home” programme joining the Southeast Asian Golden Visa game

myglobalcitizenship

Jul16

Cambodia has launched a programme to encourage foreign investment that offers a ten-year visa and other benefits to those who invest in the country. Local media reported that the “Cambodia – My Second Home” programme has been exclusively launched by the Khmer Home Charity Association with full authorization from the Ministry of Interior, with the goal of promoting trade and investment while eliminating unauthorized intermediary companies. Applicants for the Cambodia My 2nd Home (CM2H) programmeRead More >>

USCIS Releases New Form I-526: Direct EB-5 Investor Initial Green Card Application Form

myglobalcitizenship

Jul15

New EB-5 Investor Form I-526 for Standalone or Direct EB-5 Investors is Expanded with New Required Disclosures On July 12, 2022, U.S. Citizenship and Immigration Services (“USCIS”) released an updated Form I-526, Immigrant Petition by Standalone Investor. This new form replaces Form I-526, Immigrant Petition by Alien Entrepreneur, which had been the prior individual EB-5 investor petition for both regional center and standalone (direct) EB-5 investors. Instructions for the new Form I-526 can be accessed onRead More >>

Portugal is officially a millionaire hotspot !!

myglobalcitizenship

Jun22

Portugal is among the top ten countries in the world that attracts the most millionaires. This year, around 88,000 millionaires are expected to move to a new country, with Portugal expected to receive 1,300 new millionaires, putting the country in sixth position in the countries that attract the most millionaires. The ranking is led by the United Arab Emirates, with 4,000 millionaires expected to arrive there by the end of 2022, according to the “HenleyRead More >>

Portugal’s Golden Visa is going nowhere. Government rejects ending golden visas.

myglobalcitizenship

Jun20

Parliament has rejected the proposals of the PCP, BE and PAN to end golden visas, as well as the proposal by Chega who called for the enlargement of the regime. “The way and the time is one of evaluation” about a “successful legal amendment that safeguarded the dimensions that are important in this regime”, said the socialist deputy Pedro Anastácio. The PS parliamentarian, the party that voted against all these proposals, argued that “the lastRead More >>

LATEST NEWS

The American Dream Magnifies: Growing Interest among Indians in the US EB-5 Investment Visa Program

The Green Card Backlog: A Growing Crisis

Unveiling the Enhanced EB-5 Regional Center Program: Your Comprehensive Guide to Investor Success

How likely are you to be granted an H-1B visa? You can get an idea from these statistics.

Thailand lures digital nomads for the long term, with 10-year ‘work from Thailand’ visas and an ultralow tax rate

New Zealand Launches new investor migrant visa category

Cambodia launches “My Second Home” programme joining the Southeast Asian Golden Visa game

USCIS Releases New Form I-526: Direct EB-5 Investor Initial Green Card Application Form

Portugal is officially a millionaire hotspot !!

Portugal’s Golden Visa is going nowhere. Government rejects ending golden visas.

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