Blogs + News
Kim G C Moody is quoted in the Investment Executive on the “misleading” June 30 press release regarding Bill C-208: Investment Executive, July 20, 2021
Bill C-208 has caused some confusion for business owners wanting to sell. Kim G C Moody joined Dave and Faisal on More Than Money (July 17, 2021), to break down what this bill is and its tax implications. Listen to the episode.
“I tend to think this is going to be a huge spend budget…” Kim G C Moody is quoted in an article in the Globe and Mail on what to watch for in the federal budget, April 15, 2021. (Subscription Required)
Kim G C Moody is quoted in an article in the Edmonton Journal about his keynote remarks at the Alberta Chamber of Commerce, March 24, 2021
“We need a budget. We need a plan.”
Kim G C Moody is quoted in an article, “Warn on 1.83T Debt Ceiling,” March 18, 2021, on Blacklock’s Reporter (Subscription Required).
USCIS Publishes New Forms for EB-5 Investor Program
On July 12, 2022, USCIS announced revisions to its Form I-526, Immigrant Petition by Alien Entrepreneur, used for EB-5 Investor cases. The changes split the previous version into two separate Forms, a Form I-526 that will be used by standalone EB-5 investors, and a new Form I-526E petition to be used for those EB-5 investors petitioning through a sponsoring Regional Center.
Previously, all EB-5 investors submitted the same Form I-526, regardless of the basis of their qualifying investment. The new Forms were published to accommodate directives included in the recently passed EB-5 Reform and Integrity Act of 2022. The filing fee for both Forms will be $3,675, although starting October 1, 2022, an additional $1,000 fee will be required for I-526E filings.
Stay tuned for the latest from the MPC immigration team as we closely monitor updates and other significant changes in US and Canadian immigration!