Apex Capital Partners at the Bitcoin 2024 conference
The Bitcoin 2024 conference took place in Nashville with speakers including US presidential candidate Donald Trump and Robert Kennedy Jr. Industry experts and politicians discussed the future of cryptocurrencies in front of 20,000 of the community’s most influential members. During the conference, Nuri Katz, President and founder of Apex Capital Partners, made a presentation on the legal aspects of obtaining investment citizenship.
Rural US EB-5 project in California for investors under the immigrant visa program
In its current form, the US EB-5 (green card for investors) program was restarted after a technical pause in 2022. When the United States Congress finally voted on a bill in March 2022 in favor of this mechanism to attract foreign capital. According to the amendments, the minimum investment amount is $800,000 (USD) for projects in a qualified area with high unemployment or rural areas, or for infrastructure projects. It is precisely in projects with the “Rural” characteristict that we will talk about in more detail.
The EB-5 Regional Center Program’s big revival has been announced
The new minimum investment level for the EB-5 program will be $1.05 million, which will be reduced to $800,000 if the project is located in a qualified area with high unemployment or in a rural area or is an infrastructure project.
Wealthy people are renouncing US citizenship: blame the taxes
In 2020, 6,707 people refused US citizenship in favor of a foreign state. This is 237% more than in 2019. The people who flee tend to be ultra-wealthy, and many of them are seeking to reduce their tax burden.
EB-5 visa program is on a technical pause from July 1, 2021
Why do investors choose an EB-5 program? Because a visa like EB-5 is immigration. That is, subject to other conditions, you can ultimately obtain US citizenship.
Canada Start Up Visa VS new US Entrepreneur Program
Canada Start Up Visa program (Permanent Residence of Canada) is suitable for both young and progressive people and experienced businessmen.