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Tag: wcep

Increase of EB-5 Investment From $500,000 to $900,000

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The Office of the Management and Budget has completed its review of the proposed changes to the minimum investment into the EB-5 investor program. The Department of Homeland Security had proposed an increase from $500,000 to $900,000 for investments in Targeted Employment Areas (TEA) and from $1 million to $1.8 million for non-targeted employment areas. Called the EB-5 Immigrant Investor Program Modernization and initiated on January 13, 2017 the final step now is in publishing it as the final rule in the…

World Citizen Equity Partners’ Initiative for the People Effected by Hurricane Dorian

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September 2019 has been a difficult start for many in The Bahamas and along the eastern seaboard of the United States. Hurricane Dorian checked in and never checked out of the Bahamas until 13% of the homes in the entire population were destroyed. Abaco and Grand Bahama suffered the worst with scores of lives lost and many still yet accounted for. As a result, families and construction timeline remain unscathed. Our relief is tempered by the discomfort of others and…

Boris Johnson: Beyond Brexit, what’s in the new PM’s in-tray?

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Brexit is THE priority of Boris Johnson’s government. The new prime minister has just 99 days until the UK leaves the EU, and he faces an uphill task to secure a new deal. But it’s not the only demand on Mr Johnson’s time. One criticism of Theresa May’s time in Number 10 is that other important decisions that affected the future of the UK were put on hold because Brexit became all-consuming. But these nagging priorities have not gone away. So…

Malta IIP Passes €1bn in Revenue, Has Turned Down €250m Due to High Rejection Rates

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Malta’s Office of the Regulator of the Individual Investor Programme (ORiip) today published its fifth annual report on the country’s citizenship by investment program. All told, the MIIP has now raised more than one billion euros since inception and could have made at least €250 more, were it not for its exceptionally high rates of rejection. Application volume cooling off The MIIP raised a total of €260,575,430 between July 1st, 2017 and June 30th, 2018. The lion’s share – north of €162 million…