USA – EB-5 Program
Regulations are in process to change the EB-5 program on Sept. 30, 2016. After that time, the following changes are expected to occur:
(1) Investment levels are expected to change from $500,000 to $800,000 in Targeted Employment Areas (TEAs), and from $1M to $1.2M in non-TEAs.
(2) The definition of TEAs may change, meaning that urban areas could be re-classified as non-TEA and subject to the higher investment level.
(3) The I-526 filing fee is expected to increase from USD $1,500 to $3,675 (this could occur prior to Sept. 30).
The current $500,000 investment level will remain in effect for all applications filed with USCIS before September 30, 2016 (less than 5 months from now). We do not expect the current program to be extended again.
To lock-in cases under the existing pricing and program, it is highly recommended that you submit any pending EB-5 application right away, work with our team to complete the documentation requirements quickly, and encourage your clients to transfer their funds as soon as possible, so that their applications may be sent to USCIS prior to September 2016.
We are currently offering a very secure EB-5 project, which is already under construction (and will be completed in October 2016), and which greatly exceeds the job creation requirement (26 jobs created per investor, versus the required 10 jobs per investor). Please contact us for full details on this exciting new EB-5 project. Iranians are encouraged to apply.
Under EB-5, there is no language requirement, no age limit, and no management experience requirement. Applicants must have a net worth of minimum $1 million USD, and be able to document the source and path of funds for the investment and fees. There is no longer an OFAC requirement for Iranians, and refused Quebec and Canadian investor cases are welcome to apply to EB-5
Grenada – Citizenship by Investment Program
We are now offering a freehold real estate investment option, with a minimum purchase price of USD $350,000. This eco-sensitive development offers an attractive rate of return to investors, and a commission to agents. Please Contact Us for full details of this exciting investment option, and note that the cash option is also still available.
Grenada citizens are eligible to apply for USA E-2 temporary residence visas. The E-2 visa allows applicants to invest in a USA business and live in the USA while running that business for a period of 2 years (after which time the visa may be renewed in increments of 2 years, with no cap on the number of renewals). There are tax benefits to the E-2 visa, but note that it is not a path to permanent residency. Full details may be found on the USCIS website:
https://www.uscis.gov/working-united-states/temporary-workers/e-2-treaty-investors
Citizens of Grenada may now travel visa-free to all the countries of the European Union and China. The Grenada program offers fast processing (2-3 months), and there is no residency, language, education, or interview requirement. There are no nationality restrictions under this program, so all nationalities may apply.
Antigua – Citizenship by Investment Program
Investment levels changed on May 1, 2016. Please find attached our updated Cost Calculator for details.
Antigua has recently announced that the ban on Iranians and Iraqis will be lifted. That is, Iranians and Iraqis will be eligible to apply, but must reside outside Iran or Iraq, and have earned their investment funds outside Iran or Iraq. We will keep you apprised once more details are released.
An Antigua passport allows visa-free travel to many countries worldwide, including the United Kingdom, the European Union, Canada, and Hong Kong. Confederation is currently offering an attractive real estate investment, in addition to the cash investment option. Please contact us to receive full details.
Dominica – Economic Citizenship Program
Dominica has lifted its ban on certain nationalities. That is, any nationality may now apply.
Investment levels are expected to increase in August, 2016. If you have any potential Dominica applicants, we highly recommend that you send their files to Confederation as soon as possible, to ensure they are processed at the current investment levels.
Citizens of Dominica may travel visa-free to all the countries of the European Union, Hong Kong, and the U.K. Dominica is a fast, efficient program, and offers both cash and real estate investment options.
St. Kitts – Citizenship by Investment Program
St. Kitts citizens may travel visa-free to all countries of the European Union, Hong Kong, and the U.K. The St. Kitts program offers both real estate and cash investment options, and there is no residency, language, or interview requirement.
Please Contact Us for more information.