Reopening the Immigrant Investor Venture Capital Pilot Program – Canada announces it will reopen Immigrant Investor Venture Capital (IIVC) Pilot Program until the end of the year, seeking to test demand and process the first 60 applications received. Immigration lawyer Richard Kurland says the program looks like a promising upgrade and prevents potential for fraud.
What’s Trending In The U.S. EB-5 Investor Immigration World? – Immigration attorney Andy Sotiuk discusses retrogression of Chinese application and SEC crackdown on commissions.
The migration industry is starting to grow up – Investment Migration Council (IMC) set to release Code of Ethics and Professional Conduct.
Significant Investor Visa misses the mark on VC and innovation – Jo-Ann Suchard, Associate Professor of Banking and Finance at UNSW Australia, says SIV review will lead to some welcome improvements but doubts it will have the desired impact upon innovation.
Scott Walker backs controversial immigrant investor program – Governor for Wisconsin is a supporter of EB-5 firm FirstPathway Partners.
Revamped SIV visa scheme channels $2.5m into start-ups – Australia set to release revamped investor immigration program; total investment required remains at A$5 million, but A$500,000 must now be invested in venture capital or growth funds, and A$1.5 million in ASX-listed small companies. Stakeholders greeted the news with mixed reactions, some fear Chinese will be put off by riskier investments.
Dominica to sign visa-free travel agreement with Europe – Dominican Government says it will sign agreement later this month, reveals EU did independent investigation into security of passports and due diligence in Economic Citizenship Programme.
Quebec May Ease Rules for its IIP After Failing to Meet Quota – Canada immigration lawyer Colin Singer says higher application fees and strict new rules and documentation requirements has put off investors in China.
Citizenship for Sale – Eric Posner, professor at Chicago Law School, criticizes U.S. EB-5 program and questions economic benefits of scheme.
13 IIP applicants granted Maltese citizenship – Home Affairs Minister Carmelo Abela reveals that 13 of 573 applicants have been granted citizenship to date, but does not respond to questions over why other applicants have been rejected.