Chinese, Vietnamese and Indian EB-5 Candidates Face Longer Wait Due To I-526 Processing Change

US Citizenship and Immigration Services has announced a shift from first-in-first-out processing of EB-5 I-526 petitions to a visa availability approach.  This change is set to come into effect from March 31, depending on the impact of shutdowns due to coronavirus. Understanding this Change Currently, USCIS processes I-526 petitions in the order in which they…

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Prince Edward Island Immigration Reschedules March Business Impact Draw Due To Coronavirus

Prince Edward Island says it will reschedule the Business Impact draw it said would take place on Thursday, March 19 due to its office being closed because of coronavirus. The Expression of Interest draw was also due to include Labour Impact and Express Entry invitations. “We will provide additional information when available and appreciate your…

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Alberta To Target Startups and Entrepreneurs With Two New Immigration Streams

Alberta’s provincial government will develop a new immigration strategy including two entrepreneur streams to help plug labour market gaps and create jobs. The Alberta Advantage Immigration Strategy, highlighted in the recently-released provincial budget, will include a new Foreign Graduate Entrepreneur Program alongside the new Startup Visa Stream. Both will work alongside the Alberta Immigrant Nominee…

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Uptick in SIV Applications and Investments as Investor Demand Spikes in 2019

Demand for Australia’s Significant Investor Visa program is beginning to rise with a 24 percent and 4.4 percent jump in a number of applications and total investments respectively for 2018-19.  Slow Recovery Since 2015 In July 2015, Australia modified the SIV by mandating how investors must allocate the minimum $5 million investment into different asset…

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Portugal Golden Visa in 2019: Chinese Candidates Pump Billions Into Real Estate

Despite total investment falling by more than 11 percent in 2019 as compared to the previous year, Portugal still netted more than €740 million from wealthy foreign investors applying to its golden visa program.  In all, Portugal issued 1,245 golden visas to investors and more than 2,000 visas to their dependent family members.  While annual…

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Saskatchewan Entrepreneur Stream Draw Sees 73 Invites Issued

Saskatchewan immigration’s second Entrepreneur Stream draw of 2020 saw invitations issued to 73 candidates. The March 5 draw was also the second since the province changed the way it selects candidates for the Saskatchewan Immigrant Nominee Program stream. It was the largest Entrepreneur Stream draw in over a year. Selected candidates averaged a score of…

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Saskatchewan Entrepreneur Stream Draw To Happen Thursday

A new draw through Saskatchewan’s popular Entrepreneur Stream will take place on Thursday, March 5. The draw will be the second of 2020, and the second since the Saskatchewan Immigrant Nominee Program (SINP) changed the way it selects Entrepreneur Stream candidates. The first draw of 2020 took place on January 7 and saw 42 invitations…

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St. Lucia: CIP Investments Surge Despite Struggle to Shake Off ‘Inexpensive’ Tag

The St. Lucia Citizenship by Investment Program enjoyed a good year in 2019 after becoming the latest to enter the highly-competitive market in the Caribbean region. The program saw a 12 percent increase in approvals along with a 120 percent jump in total investments in 2018-19 compared to the previous year.  St Lucia CIP In…

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