Australia SIV Review: Fund Managers Call for Improved Due Diligence and Transparency

Australia SIV Review: Fund Managers Call for Improved Due Diligence and Transparency

Australian government agencies have identified instances of non-genuine applications under the Significant Investor Visa program.  With the SIV undergoing yet another review, this has led to concerns that the government may pull the plug on this controversial investment immigration stream.  The current Home Affairs review was launched in 2019 and follows a 2016 Productivity Commission…

Higher Investment Requirements and Stricter Regional Centre Rules Coming as DHS Approves New EB-5 Visa Rules

The Department of Homeland Security (DHS) has published the final rules modifying the US EB-5 visa program. The initial Notice of Proposed Rule making (NPRM) was first published in the Federal Register on January 13, 2017.  The changes will take effect from November 21, 2019, and will see the most important changes to the EB-5 visa program in nearly 30 years.  These changes include an increase in minimum investment, centralized designation of Targeted Employment Areas (TEA), and retention of earliest priority date for an EB-5 applicant compelled to file multiple I-526 petitions.  Changes to the Investment Requirement Category…