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Tag: wcep

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

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

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?

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

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…

DISCLAIMER!

This is to inform all stakeholders, partners, investors and creditors of MBA Trading and Capital Investment Limited (MBA) as well as the general public that WCEPARTNERS has severed all contractual relationships with MBA Trading and Capital Investment Limited. On the grounds of nondisclosure of vital information, misrepresentation of the financial state of MBA and the inability to secure license from Security and Exchange Commission (SEC).

In October, 2020, WCEPARTNERS in its quest to expand investments opportunities for its clients by seeking out a company in Nigeria with deep market coverage and stable financial base, signed a contract with MBA to brand share in joint corporate expansion to West and Central regions (Cameroun, Gabon, etc). These were signed with firm commitments and guarantees from MBA to secure its trading license from SEC, to release its books of accounts and to retain the liabilities of its past, current and prospective creditors and investors. On the strength of these undertakings, WCEPARTNERS invested a huge amount of funds in keeping to its own obligations under the contract. On the contrary none of the undertaking have been met by MBA.

WCEPARTNERS will continue to offer the best professional services to our clients in our citizenship by investment programme but hereby wish to be disassociated from all activities of MBA. We do not have and have never had any business whatsoever with MBA operations or investors assets or liabilities. Rather, we are victims too. WCEPARTNERS is not and will not be liable to any person, company or organization who continue to act on the assumption that WCEPARTNERS is in partnership with MBA.