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Updated by ALTwealth Admin Team on Dec 17, 2019
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ALTwealth

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Why Quebec Immigrant Investor Program (QIIP) scores over the US EB-5?

Why Quebec Immigrant Investor Program (QIIP) scores over the US EB-5?

Posted on December 16, 2019

The [EB-5 and QIIP]( (Quebec Immigrant Investor Program) are two of the most sought after Immigrant Investor Programs to invest and obtain residency and citizenship in the USA and Canada respectively. Both these programs are quite a popular residency by investment program amongst High Networth Individuals across the globe particularly in Asian countries like China, India, Srilanka, Malaysia, and the Philippines. ALTwealth has done the comparative analysis of both EB-5 and QIIP and has listed below their advantages and disadvantages:
Particulars US EB-5 QIIP
Minimum Investment US$ 9,00,000 (in TEA Area)OrUS$ 1.8mn (in Non-TEA Areas) CAD $ 1.2mn (government guaranteed)
The net worth of the applicant No threshold stated CAD $ 2mn
Investment – Nature & Duration Investments are made into risky projects which generate a minimum 10 employments. The quantum is different for TEA* and Non TEA areas. (TEA stands for Target Employment Areas) The applicant is required to make a passive investment for 5 years, the investment bears no interest
Residency Status offered Applicants are offered temporary residency first, Permanent Residency can be applied after 2 years Applicants receive immediate PR (Permanent Residency)
Annual Quota The EB-5 issues a maximum of 10,000 visas per year to investors and their families. QIIP program welcomes 5,000 new permanent residents each year with families.
Availability of Finance Financing not permitted under EB-5 Yes, financing schemes are available starting from CAD $ 3,00,000
Political Condition Under different presidencies in the past, there have been cases of protectionist politics and anti-immigration agenda. The political situation in Canada is quite stable and the country is welcoming to new immigrants.
Disputes & Controversies There have been several controversies with regard to fraud, determination of low employment areas to pump investment into already thriving downtown areas, etc by the developers. There have been cases wherein QIIP investors use it as a back door entry route to Canada. Despite attempts to make investors state their intention to reside in Quebec, once the applicant receives PR, they are free to move anywhere across Canada.
Based on the comparative study between US EB-5 and QIIP, ALTwealth believes that Quebec Immigrant Investor Program offers multiple advantages over US EB-5. However, the attraction of a U.S. green card remains strong, making this the world’s most sought after Immigrant Investor Program
For more information on the US EB-5 and QIIP (Quebec Immigrant Investor Program), kindly feel free to connect with ALTwealth Representative at +91-9650196483. enter link description here

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American dream to pinch more under the new EB-5 visa rules

American dream to pinch more under the new EB-5 visa rules

The US EB-5 Immigrant Investor Visa Program has been revised recently on 21st Nov. 2019 for the first time since its 1990 enactment. The revisions, promoted as modernization, stem from no congressional or statutory revision of the 1990 law but instead from the Secretary of Homeland Security’s authority to revise regulations that “ensure the overall economic security of the United States.”

For nearly three decades, the EB-5 program has raised billions of dollars in capital for U.S. companies that create U.S. jobs in high unemployment or rural areas of the U.S. In exchange for a multiyear, risk-prone path to becoming lawful permanent residents, foreign nationals will have to now invest at least $900,000 (earlier $500,000), to capitalize U.S. businesses that will employ at least 10 new U.S. full-time workers. Most such investments are made in businesses located within targeted employment areas with high unemployment, otherwise known as “TEAs,” or rural areas. Such targeted investments lower the investment threshold to $500,000 (or $900,000 after November 21, 2019). Outside of rural areas or TEAs, the foreign national must invest at least $1 million – a number that has risen to $1.8 million after November 21, 2019.

Below is a summary of the significant changes that have been brought in the EB-5 program as of November 21, 2019
Higher Investment Amounts: The Secretary of Homeland Security’s rule changes increase TEA or rural area investments from $500,000 to $900,000, and non-targeted EB-5 investment amounts correspondingly increase from $1 million to $1.8 million. The final rule also anticipates that future inflationary increases in investment mandates will occur every five years.

Priority Date Retention: Because of the adverse consequences that befall many EB-5 investors who are defrauded by EB-5 regional centers, or whose EB-5 investments fail to create the requisite jobs, USCIS will allow an investor’s second qualifying investment, as reflected in a second EB-5 application, to benefit from the priority date (filing date) of the first EB-5 petition. Such priority date retention will expedite processing of the subsequently filed EB-5 petition and preserve EB-5 benefits for children of investors who would otherwise attain 21 years of age, the maximum age an investor’s children may attain and still derivatively benefit from the EB-5 investment.

TEA Designations: To address persistent complaints that the designation of what constitutes a TEA is too malleable and not genuinely related to an area’s high unemployment, the new TEA definitions mandate that only USCIS, not state or local governments, will determine what constitutes a TEA. In designating a geographic area as a TEA, USCIS will rely on a combination of census tracts that include the tract or contiguous tracts in which the investment’s job-creating enterprise is principally doing business, including any or all directly adjacent census tracts. If a city or town not contained within a metropolitan statistical area has a population of 20,000 or more and has experienced an average unemployment rate of at least 150% of the national average unemployment rate, such cities or towns will automatically qualify as TEAs.

India’s Best Portal for HNI Wealth Management I PMS, AIFs, Structures, EB-5

ALTwealth is India’s No.1, most trusted and one-stop portal for High Networth Investors having interest in Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), Structured Investment Products (Market Linked Debentures - MLDs) and Offshore Funds. We provide an online platform for comparison of various strategies across each product segment, in-depth information, analytics and recommendations for the customers to make informed investment decisions. Our in-house research team and product experts help investors choose from the range of PMS/AIFs/MLDs/Offshore strategies based on their risk profile & investment objective and help them capitalize on the opportunities available in the market.

Portfolio Management Services (PMS)

Portfolio Management Services (PMS) is a tailor-made investment service offered to cater to the investment objective of niche segment of investors with a minimum ticket size of Rs. 50 lacs. The clients can be Individuals or Institutions with high net worth. In simple words, a portfolio management service provides professional management of your investments to create long term wealth. The primary aim of PMS is to provide over and above the average returns to the investors.

PMS Investors get ownership in the individual shares as the stocks lie in the client's Demat, unlike mutual funds. Investors have a Demat and a bank account in their name with the power of attorney (POA) in favor of the PMS manager. In a discretionary portfolio, the manager independently manages the funds of each client in accordance with the needs of the client while a non-discretionary portfolio is managed as per the client’s direction.

India’s Best Portal for Alternative Investment Funds

Alternative Investment Funds (AIFs) are a relatively new concept of investments in India which have been defined in Regulation 2 (1) (b) SEBI (Alternative Investment Funds) Regulation, 2012. It refers to any privately pooled investment fund from a niche & sophisticated segment of investors, (whether from Indian or foreign sources), in the form of a trust or a company or a body corporate or a Limited Liability Partnership (LLP). The minimum ticket size of Rs. 1 cr makes it an exclusive, UHNI & Institutional investment product. To enhance risk-adjusted performance, AIFs use various complex strategies like – long-short hedging, unlisted equities, pre IPO investments, real estate, structured credit, and other special situation investments.

India’s Best Portal for Market Linked Debentures I Structures


Structured Products
are generally close-ended hybrid instruments that could be either with principle protection or without principle protection. The underlying security is generally a non-convertible debenture of the issuer linked to an equity index (nifty 50, bank nifty, etc), 10-year G-Sec, gold index, etc. They are issued for a period of 13 months to 60 months and generally require a minimum investment of Rs 25 lakh and more. Unlike a bond that pays a fixed interest either monthly, quarterly, half-yearly or annually, MLDs do not pay any regular income, it comes only at maturity.