Costs of USA Residency

USA Investment Immigration Visa: Costs of Residency For high net worth individuals, the investment requirement under the USA Investment Immigration visa (around $1 million or $500,000) is a small price to pay considering the benefits of obtaining permanent residence in the USA. For an ultra high net worth investor from China, the visa’s cost is…

Relinquishment of US Permanent Residency or Citizenship

Considering the significant demand for EB-5 visas amongst high net-worth individuals globally, the consideration of relinquishment of US residency or citizenship may not seem noteworthy. There have been instances, however, where those seeking investment immigration in the USA have found the complicated and costly tax structure and related trade-offs to be unacceptably expensive. It is…

Compliance with Tax Laws in the USA

The tax structure applicable to foreigners in the United States of America has been specifically designed to reduce the ability of individuals to operate outside the jurisdiction of the IRS. In foreign countries, tax authorities often lack the ability to enforce tax laws as effectively as the IRS. Hence, many foreigners who obtain residency in…

Summary of the EB-5 Visa

The EB-5 visa program was set up in 1990 as an attempt to promote job creation in the US economy by creating an inflow of capital investments from investors residing in foreign countries. The EB-5 program is administered by the USCIS. The visa program has a built-in sunset clause that comes into effect every three…

Concerns over Drastic Fall in Canadian Citizenship Demand amongst Permanent Resident Immigrants

A drastic decrease in the proportion of immigrants seeking Canadian citizenship, from 79% in 2000 to 26% in 2008, is raising fears that new rules and fees are discouraging immigrants from becoming Canadian citizens. Analysis of citizenship data has led to former Citizenship Director-General, Andrew Griffith, to warn about the implications of immigrants becoming disenchanted…