Investor Visa

5 Mar 2018Caribbean

Did Mr. Nirav Modi obtain or apply for Citizenship of St. Kitts & Nevis – A Caribbean country?

Very recently there were news articles online and in print media stating that Mr. Nirav Modi, a renowned diamond jewelry designer accused of defrauding state-owned Punjab National Bank of $1.8 billion, has obtained citizenship of a Caribbean country, namely, St. Kitts & Nevis. How true are these reports? For starters, let us understand some basics. … Continue reading Did Mr. Nirav Modi obtain or apply for Citizenship of St. Kitts & Nevis – A Caribbean country?

5 Jan 2018Indian Regulatory Updates

Indian government allows remittance of fund abroad for immigration purpose

Further liberalization of remittance of investment from India to foreign countries for Immigration purposes; including USA EB-5 investor visa: Over a period of time, the Foreign Exchange Reserve in India has increased India’s foreign exchange (Forex) reserve to $377.751 billion US, the gold reserve to $20.691 billion, SDRs (Special Drawing Rights with the IMF) … Continue reading Indian government allows remittance of fund abroad for immigration purpose

5 Dec 2017EB-5 US Investor Visa

EB-5 USA Green card – Investment as Debt or Equity or Fund?

USA green card by investment – EB-5 Visa: Investment can be made as Debt or Equity or Fund The EB-5 Visa provides the most flexible path to a Green card and is based on investment in the US. The EB-5 Visa does not require the applicant to manage the day-to-day affairs of a business. One … Continue reading EB-5 USA Green card – Investment as Debt or Equity or Fund?