LATEST NEWS

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 >>

Behring wins suit against USCIS – EB-5 regional centers back in business

 myglobalcitizenship  

Jun27
The US District Court for the Northern District of California issued a decision today in Behring Regional Center’s lawsuit seeking a preliminary injunction to stop United States Citizenship and Immigration Services (USCIS) from deauthorizing previously designated EB-5 Regional Centers. “We are relieved to have the courts favor in issuing the preliminary injunction stopping USCIS from cancelling EB-5 regional centers,” said Colin Behring, CEO of the Behring Companies.  “The ruling is strong and clear in its language that EB-5Read 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 >>

Immigrants are suing the U.S. government over delays in citizenship process

 myglobalcitizenship  

Jun06
A group of immigrants are suing the U.S. government over delays in processing their citizenship applications. The 13 plaintiffs filed a suit against the federal government on Wednesday for what they call unreasonable delays after submitting their naturalization applications in spring 2020.The suit, filed by the American Immigration Council on behalf of the immigrants, names U.S. Citizenship and Immigration Services (USCIS) as well as the National Archives and Records Administration, which operates underground storage facilitiesRead More >>

USCIS Clarifies Stance on Regional Center Re-Designation for EB-5

 myglobalcitizenship  

Jun06
On April 29, USCIS hosted a listening session to inform EB-5 Stakeholders of changes to the regional center program and address their issues and concerns related to the EB-5 Reform and Integrity Act. Crucially USCIS clarified at this session that regional centers which existed prior to the program’s lapse of authorization in June 2021 are no longer approved and designated as regional centers. Per the language on USCIS’ website “Entities seeking to be designated as aRead More >>

Latvia Terminates Its Golden Visa Program

 myglobalcitizenship  

Jun06
Last week, the immigration by investment world was met with terrible news. Authorities in Latvia have decided to abolish their Golden Visa Program after the latter has often been in the spotlight for being involved in many unlawful affairs. The decision has been confirmed by the country’s Prime Minister, Krišjānis Kariņš while he stressed that the Ministry of the Interior is drafting necessary legislative amendments. Through the Golden Visa Program, wealthy internationals were eligible toRead More >>

Antigua & Barbuda: Antigua to propose the creation of a CIP Regulatory Commission

 myglobalcitizenship  

Jun03
Antigua and Barbuda said it will propose that Organization of Eastern Caribbean States (OECS) members create a Regulatory Commission in an effort to protect their lucrative Citizenship by Investment Programs (CIP). CPI programs have been placed under the microscope by the United States, European Union and the United Kingdom as they seek to tackle human trafficking as well as clamp down on persons trying to dodge international sanctions.  EU Parliamentarians recently voted to ask itsRead More >>