Blogs – Usimmigrationadvisor

The British government is proposing to offer a pathway to citizenship for around 3 million residents of Hong Kong. The move is a response to China's introduction of a new national security law in the Special Administrative Region. The UK views this as a breach of the agreement surrounding the handover of the territory in 1997. "We made clear that if China continued down this path we would introduce a new route for those with British National Overseas Status to ...

Grenada has one of the most cost-effective citizenship by investment programs in the world. A $150,000 donation to the National Transformation Fund or a $220,000 investment in real estate leads very quickly to citizenship of a beautiful, stable, economically diverse country. The investment route is especially popular, because it offers the chance of having the capital returned. The main investment opportunities are luxury hotel developments under construction on the island. Yet some people opt for the donation route because it ...

By Duncan Hill, Marketing Director, Davies & Associates Our clients have always been interested in the UK, but we have certainly seen a spike since President Trump suspended a whole lot of US visas in April (and then a whole lot more last week). The first thing to say is that not all US visas have been suspended. We specialize in two key categories that are exempt. The EB-5 Immigrant Investor Visa Program and the E-2 Treaty Investor Visa were ...

By Matteo Tisato. Matteo is a Senior Immigration Analyst in our Italy Practice Group. Connect with Matteo on LinkedIn. With offices across Italy, Davies & Associates is able to help foreign nationals obtain the right to live, work or claim citizenship, collect debts, and pay taxes in the country. In the first of a series of blogs from the Italy Practice Group, Matteo Tisato examines the benefits, requirements, and timelines of the elective residency visa. The Italian elective residency visa ...

By Mark Davies, Global Chairman, D&A While the pandemic was not predictable economic shocks such as the mortgage crisis or just a plain economic downturn are. Without making any comment at all on any specific EB-5 project, it is true that investors need to make sure that proper protections are in place when investing in any project. Many, not all, EB5 projects simply do not have the protections in them that a normal non-EB5 investor would demand. There absolutely are ...

The State Department has published the July Visa Bulletin, which offers some insight into the waiting times for the EB-5 Immigrant Investor Visa Program. The most notable change in this month's Visa Bulletin is that EB-5 Visa Priority Date for India has become "Current". What this means is that India is no longer in retrogression and EB-5 applicants born in India can progress to the next stage and schedule their visa appointment once they are approved. At first glance this ...

Neha Mehta analyses what the Indian government is doing to mitigate the impact of Covid-19 on bankruptcy and insolvency. COVID-19 & INITIAL MEASURES Covid-19 has altered the fabric of the global economy. Worldwide lockdowns, travel restrictions, restraint on international trade and other stringent measures to curb the pandemic, has led to uncertainty around the future of many businesses.With the objective of lending support to struggling businesses, most nations, including India, have introduced fiscal, monetary and protective measures to prevent multiple ...

Sukanya Raman, Associate in our Mumbai office, analyses changes to India's taxation of remittances. In February, 2020 the Union Budget had proposed the levy of Tax Collected at Source (TCS) on remittances made under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India. Although, the Scheme was introduced in the year 2004 with a limit of USD 25,000. This is the first time TCS shall be levied at 5% on remittances over and above certain limit. TCS was ...

Amid a global economic crisis, Neha Mehta answers some frequently asked questions about filing bankruptcy in India. Q1. When is a Corporate Debtor in default? A. “Default” is the non-payment of a whole, or a part, of a Corporate Debt when due and payable. Erosion of net worth is not a default under the Code. Q2. Can a financial institution proceed against a Corporate Debtor under the Code although it may have already taken action under the Securitization and Reconstruction ...

Mark I. Davies is the Global Managing Partner and founder of our firm. Mark also Chairs our Global Business and Investor visa team and focuses his practice on EB5, L1, E2 and other business and investor visa solutions. There is significant confusion as to the difference between E-2 investment visa validity and the period of authorized stay in the United States. What an E2 Visa Does? A valid, unexpired, E2 visa gives you the ability to come to the US ...

President Trump has signed the Executive Order temporarily suspending some visa categories for an initial 60 days. This mostly applies to people outside the United States seeking permanent residency / Green Cards, excluding the EB-5 program. The State Department has just issued a clarification stating that the Order is not retroactive and that "no valid visas will be revoked under this proclamation." There are a number of exclusions and exemptions. We recommend you contact us to discuss your specific circumstances. What is NOT included ...

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice. President Trump tweeted last night that he would sign an executive order banning immigration to the United States. While it is still unclear how this will play out, it is only likely to be a temporary setback. Anyone hoping to apply for a US visa should continue as normal if their circumstances permit. “In light of the ...

Sukanya is an Associate in our Mumbai India office. She works with our Indian clients on EB-5, L1 and E2 visas coupled with Grenada citizenship. China is considered the world’s manufacturing hub. However, there are reports that we might see a change in that soon. The coronavirus pandemic has made companies from across the world to move their production units out of China. Even before the pandemic, the U.S. - China trade war had triggered many U.S. based companies to ...

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice. The United States Citizenship and Immigration Services (USCIS) has changed the way it processes I-526 petitions. Instead of operating the first-come-first-served approach, adjudications are now being determined by visa availability. An I-526 petition is the application for the EB-5 Immigrant Investor Visa. This program offers a relatively straightforward path to a Green Card for families or individuals ...

The United States Citizenship & Immigration Services (USCIS) has slowed the pace at which it adjudicates I-526 petitions. The I-526 form demonstrates a petitioner’s eligibility for the EB-5 visa and constitutes the first official step in the application process for would-be immigrant investors. The slowdown in adjudications are the result of political, administrative and external factors. They are evidenced in the fact that “priority dates” for countries in visa retrogression are quickly shifting forward. The changes to the priority dates ...