Investigations Launched Following Reports of Fraud in US EB-5 Visa Program 

Federal agents in the US have launched numerous investigations following several allegations of fraud being leveled at EB-5 immigration program. A Government Accountability Office (GAO) report into the EB-5 program highlighted the lack of rigorous oversight by U.S. Citizenship and Immigration Services, specifically how the agency fails to analyze risks, assess fraud and accurately measure economic…

Hidden Costs Adds Thousands to Price of Cayman Islands Permanent Residence

Experts are warning foreigners of high unstated costs involved in applying for permanent residence in the Cayman Islands that can potentially add thousands of dollars to what is already an expensive process. The upfront costs of Cayman Islands permanent residence application  were greatly increased under amendments made to the immigration law in 2013, with the costs…