Category: Press Releases

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Saint Lucia Citizenship Investment Programme makes top three in the 2022 CBI Index

Castries, Aug. 26, 2022 (GLOBE NEWSWIRE) — St Lucia took third place in this year’s instalment of the CBI Index – which ranked 13 countries with operational citizenship by investment programmes.

Seen as an industry voice and reliable source for those looking to vet CBI programmes around the world, the CBI Index is published annually by the Private Wealth Management magazine, a publication of the Financial Times, and in partnership with CS Global Partners.

This year, St Lucia was ranked alongside Antigua and Barbuda, Austria, Cambodia, Dominica, Egypt, Grenada, Jordan, Malta, Montenegro, St Kitts and Nevis, Turkey, and Vanuatu.

The CBI Index ranked these jurisdictions across nine pillars including Freedom of Movement, Standard of Living, Minimum Investment Outlay, Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and Certainty of Product.

Having recently welcomed Mc Claude Emmanuel to the position of Chief Executive Officer of its CBI unit, St Lucia was recognised its affordable minimum investment outlay, reasonable mandatory travel or residence requirements and ease of application processing.

“This recognition means a lot to us. The CBI Index is a globally recognised report that has been assessing CBI programmes for the last six years and not only will investors gain insight into our programme but it also gives us an opportunity to improve aspects of our programme to increase our scores next year,” said notes Mc Claude Emmanuel, CEO of St Lucia’s CPI Unit.

Investors can become a citizen of St Lucia in as little as 90 days by investing only a minimum of US$100,000 through its National Economic Fund, and busy entrepreneurs are not required to stay in the country for prescribed periods of time.

There weren’t many significant changes in the minimum investment outlays since the 2021 CBI Index, this was reflected in no change in the order of the final scores.

There were also no changes from the 2021 CBI Index to scores under the Mandatory Travel or Residence Pillar – Caribbean nations continue to rank highly in this area.

The country scored 87% overall.

St Lucia scored 9 out of ten for Due Diligence, Citizenship Timeline, and Family.

A very important aspect of any CBI programme is its ability to vet applicants and ensure that only honest individuals who can account for how they make a living are accepted into the programmes.

“We are on an ongoing drive to continuously enhance the due diligence processes of our programme as we are very keen to protect its integrity and value,” noted Mc Claude Emmanuel.

With ongoing geopolitical tensions, special attention is now being given to jurisdictions that offer CBI programmes. The international community is concerned that these programmes may offer boltholes for suspect characters looking to evade the law.

International respect is vital for any CBI programme to thrive, and a layer of ongoing monitoring is becoming a key pillar of reputable CBI Units such as that of St Lucia. Caribbean nations are setting global best practices when it comes to advancements in due diligence processes.

The Citizenship Timeline Pillar looks at the average time taken for citizenship to be secured by the applicant. One of the key merits of CBI programmes is their ability to provide a rapid route to second citizenship; St Lucia was awarded top points for its short turnaround times, which takes three months for citizenship to be granted from the date the Authorised Agent is notified that the application has been accepted for processing.

The CBI Index recognises that the rise of increasingly complex family relationships is driving investors to seek programmes that allow for a more diverse range of family members to be included under a primary application.

As an additional layer of nuance to its scoring system, this year’s CBI Index also draws a distinction between family members who are allowed to apply with and obtain citizenship at the same time as the main applicant and those who can apply at a later stage and because of the main applicant has already received citizenship.

Multiple family member categories were considered, with points being awarded for adult children, parents, grandparents and even siblings. Additional merit was also given to programmes with provisions for family members of the main applicant’s spouse. Additionally, the degree of flexibility within each of these categories can differ radically from programme to programme.

St Lucia scored 8 out of 10 in the Certainty of Product pillar. This pillar encompasses a range of factors that measure a programme’s certainty across five different dimensions: longevity, popularity and renown, stability, reputation, and adaptability.

Longevity measures the age of a given programme while Popularity and renown evaluate the number of applications and naturalisations under each programme per year, as well as a programme’s eminence in the industry.

The reputation of a programme was determined by the amount of negative press or the number of scandals it has been linked to, affecting investors’ broader perceptions of the countries in which they invest. Just as important, however, is evidence that programme funds are being utilised for social good. Points were awarded for a jurisdiction’s transparent use of CBI funds, for example for the development of domestic healthcare, education, tourism and other infrastructure. One of the main ways that investors can become citizens of St Lucia is through its Economic Fund which Mc Claude Emmanuel has said will “benefit all St Lucians by investing in social interventions and assisting the country to be food secure as assistance will be given to local farmers.”

Lastly, adaptability reflects a programme’s ability to rapidly respond to, and sometimes even predict, the needs of applicants and the industry.

St Lucia continues to offer a popular programme with consistently high application volumes, stability with no caps on the number of applications or specific calls to end the programme, and adaptability both in respect of changes to keep the programme functioning during Covid-19 and its swift response to the Russian invasion.

St Lucia, along with Antigua and Barbuda, Dominica, Grenada and St Kitts and Nevis scored seven out of 10 in the Freedom of Movement pillar. St Lucia has access to 15 of the 20 key business hubs assessed in the 2022 CBI Index.

Lastly, St Lucia scored six out of 10 for its decent freedom, GDP growth and GNI scores.

Download the full CBI Index here, to get further insights into the CBI industry and a full evaluation of the CBI programmes of the 12 other jurisdictions in the rankings.

PR St lucia
Saint Lucia
+1 758 458 6050
mildred.thabane@csglobalpartners.com
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‫منی پال  ہسپتالز، دوارکا کے ڈاکٹروں نے برین ٹیومر میں مبتلا 30 دن کے نوزائیدہ بچے کو نیا پروانہءِزندگی دے دیا

 

نئی دہلی اور خرطوم، سوڈان، 25 اگست 2022 /پی آر نیوز وائر/ – منی پال ہسپتالز ، دہلی کے ڈاکٹروں نے برین ٹیومر میں مبتلا 30 دن کے نوزائیدہ بچے کی جان کامیابی سے بچالی۔ بچے کو ہنگامی صورتحال میں اسپتال میں دورے اور بے ہوشی کی شکایت کے ساتھ لایا گیا تھا۔ مزید تشخیص پر، سی ٹی اسکین میں ٹیومر کے ساتھ ساتھ دماغ میں شدید خون بہنے کا انکشاف ہوا جس کی وجہ سے دماغ کے اندر نمایاں دباؤ پیدا ہوا۔ بچے کے خون کے ٹیسٹ میں بھی انتہائی زیادہ آئی این آر کی سطح کی وجہ سے رکاوٹ پیدا ہوئی جو ہیمولیٹک بیماری کی نشاندہی کرتی ہے۔ بچے کی جان بچانے کے لئے ایچ او ڈی ڈاکٹر انوراگ سکسینہ اور کنسلٹنٹ نیورو سرجن کی قیادت میں ڈاکٹروں کی ایک ٹیم نے جان لیوا ہیمرجک شاک سے بچنے کے لئے خون کے زیاں کو کم سے کم کرنے کے لئے خصوصی تکنیک اور آلات کا استعمال کرتے ہوئے برین ٹیومر نکالنے کی سرجری (جسے کرانیوٹومی بھی کہا جاتا ہے) کامیابی سے انجام دی۔https://mma.prnewswire.com/media/1848066/Manipal_Hospitals_Logo.jpg

بچے کا وزن صرف 3 کلوگرام تھا، یہی وجہ ہے کہ اسے بے ہوش کرنا ایک بہت بڑا چیلنج تھا یہاں تک کہ سرجری کے دوران خون کا  کم سے کم زیاں اس کی زندگی کو خطرے میں ڈال دیتا۔ اسے طبی طور پر مستحکم کرنے اور سرجری کی ضرورت اور اس میں شامل خطرات کے بارے میں اس کے اہل خانہ کے ساتھ تفصیلی بات چیت کے بعد، سرجری کردی گئی۔ سرجری کرتے وقت انتہائی احتیاطی تدابیر اختیار کی گئیں، یہ ذہن میں رکھتے ہوئے کہ اس عمر میں کھوپڑی غیر معمولی نرم ہوتی ہے اور کوئی بھی غیر ضروری دباؤ بینائی میں کمی کے خطرے کے ساتھ ساتھ دماغ پر دباؤ بڑھانے کا سبب بن سکتا ہے۔ سرجیکل طریقہ کار کے دوران، اینستھیزیالوجسٹ نے اس بات کو یقینی بنایا کہ بچہ بہتر ہے۔

دہلی کے منی پال ہسپتالز کے ایچ او ڈی اور کنسلٹنٹ نیورو سرجن ڈاکٹر انوراگ سکسینہ نے کہا کہ “جب بچے کو ہمارے پاس لایا گیا تو اس کی حالت انتہائی تشویشناک اور غیر مستحکم تھی۔ وہ  برین ٹیومر اور ہیمرج دونوں  کے مجموعے میں مبتلا تھا۔ یہ حالت انتہائی نایاب ہے، موت کا قریبی خطرہ تھا اور اسے فوری دماغ کی سرجری کی ضرورت تھی۔ جس چیز نے اس معاملے کو مزید چیلنجنگ بنایا وہ بچے کے جسم کا کم وزن تھا، جس نے بے ہوشی اور سرجری کے دوران ایک بہت بڑا چیلنج پیش کیا۔ تاہم، اس نے سرجری کو اچھی طرح برداشت کر لیا اور اگلے دن وینٹی لیٹر سے دودھ ہٹالیا گیا۔ اس نے مستقل بہتری اور صحت یابی کا مظاہرہ کرنا شروع کیا اور آہستہ آہستہ اپنی ماں کا دودھ پینا شروع کردیا۔ اطمینان بخش صحت یابی دکھانے کے بعد بچے کو سرجری کے بعد چند دن بعد فارغ کردیا گیا۔ وہ اب بہتر ہے اور اب معمول کے فالو اپ میں ہے۔ ”

منی پال ہسپتالز  کے بارے میں

صحت کی دیکھ بھال میں پیش پیش، منی پال اسپتال ہندوستان کا دوسرا سب سے بڑا ملٹی اسپیشلٹی ہیلتھ کیئر فراہم کنندہ ہے جو سالانہ 40 لاکھ سے زائد مریضوں کا علاج کرتا ہے۔ بھارت کے کولمبیا ایشیا اسپتالوں میں 100 فیصد حصص کے حالیہ حصول کے ساتھ، مربوط تنظیم نے آج 14 شہروں میں 28 اسپتالوں کے ساتھ پین انڈیا فٹ پرنٹ میں اضافہ کیا ہے جہاں+7,000 بستر ہیں جن میں+4,000 ڈاکٹروں اور+10,000 ملازمین کا باصلاحیت پول ہے۔ اس کی توجہ اپنی ملٹی اسپیشلٹی اور ٹرشری کیئر ڈیلیوری اسپیکٹرم کے ذریعے ایک سستی، اعلی معیار کی ہیلتھ کیئر فریم ورک تیار کرنا اور اسے اسپتال سے باہر کی دیکھ بھال تک مزید بڑھانا ہے۔ منی پال اسپتال دنیا بھر سے مریضوں کی ایک بڑی تعداد کے لئے جامع علاج اور حفاظتی نگہداشت فراہم کرتا ہے۔

وزٹ کریں: https://www.manipalhospitals.com/internationalpatientcare/doctors/search/location-delhi?page=1

محترم ہیمنت 8376965812 -91+

محترم ذوہیب 9990199037 -91+

ای میل: [email protected]

لوگو: https://mma.prnewswire.com/media/1848066/Manipal_Hospitals_Logo.jpg

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EB-5 Industry Leaders, USCIS Agree to Joint Settlement of Two Lawsuits

EB-5 stakeholders ensure all previously approved regional centers maintain authorization moving forward

WASHINGTON, D.C., Aug. 25, 2022 (GLOBE NEWSWIRE) — Multiple EB-5 industry stakeholders have entered into a settlement agreement with the United States Citizenship and Immigration Services (“USCIS”) that protects EB-5 investors and re-authorizes previously approved regional centers, effectively signaling the EB-5 program is fully back in business.

The settlement affects two cases: Behring Regional Center LLC, et al. v. Mayorkas, et al., No. 3:22-cv-2487-VC (N.D. Cal.) and EB5 Capital, et al. v. DHS, et al., No. 3:22-cv-3948-VC (N.D. Cal.). The plaintiffs include EB-5 regional center operators: EB5 Capital, CanAm Enterprises, Civitas Capital Group, Golden Gate Global, Pine State Regional Center, and EB-5IC’s member – Behring Regional Center, and industry organization Invest in the USA (“IIUSA”).

The key stipulations of the settlement – which can be read in its entirety here – are as follows:

  • Previously authorized regional centers retain their authorization.
  • Previously authorized regional centers must file a Form I-956 (a previously filed I-956 will meet this requirement) by December 29, 2022, along with the filing fee to maintain authorization.
  • Previously authorized regional centers need not wait for approval of their Form I-956 and may immediately file I-956Fs (exemplars).
  • If, after filing a form I-956F, a regional center does not receive a formal receipt notice within ten calendar days of delivery to USCIS, an investor may use other forms of proof of the I-956F filing in their I-526E petition, such as a lock box receipt, cashed check, or credit card charge provided by the regional center to the investor.
  • The failure of a previously approved regional center to file a Form I-956 application or amendment will not, standing alone, be a basis for USCIS to deny an investor’s I-526 or I-829 petition.
  • USCIS will update its website, forms, and instructions to conform to the terms of the settlement agreement.

The settlement comes in the wake of legal action taken to protect the EB-5 industry from USCIS’ decision earlier this year. After the EB-5 Reform and Integrity Act of 2022 went into effect in March, USCIS announced that all previously approved regional centers (those authorized by USCIS before the enactment of the Integrity Act) were categorically deauthorized. The Court determined that USCIS’ action almost certainly committed legal error and would have severely harmed the EB-5 industry while leaving EB-5 investors in limbo. While all parties involved have agreed to the settlement, it is not a final settlement until approved by the court.

“Judge Chhabria’s grant of a nationwide preliminary injunction, and USCIS’ subsequent agreement to a reasonable settlement, enables the EB-5 Regional Center program to move forward contributing to the U.S. economy and creating American jobs,” said Ron Klasko of Klasko Immigration Law Partners. “Judge Chhabria’s thorough and well-reasoned decision provided the essential impetus for USCIS and the EB-5 industry to work constructively in reaching an agreement,” said Paul Hughes of McDermott Will & Emery. 
“We hope this marks the beginning of a new era of cooperation between USCIS and the EB-5 industry,” commented Laura Reiff of Greenberg Traurig. “This settlement ushers in a regional center program that provides the entire EB-5 ecosystem with the stability and certainty needed to ensure an optimal program,” stated Jeff Campion from EB-5IC. 

The EB-5 Program has an overwhelmingly positive impact on the U.S. economy. Between 2008 and 2021, the EB-5 program helped generate $37.4 billion in foreign direct investment to create and retain U.S. jobs for Americans at no cost to the taxpayer.

EB5 Capital provides qualified investors from around the world with opportunities to invest in job-creating commercial real estate projects to obtain U.S. permanent residency, as well as private equity investments and secondary passports. For more information, follow EB5 Capital on LinkedIn and visit www.eb5capital.com.

Contact:
Juline Kaleyias, VP Business Development
[email protected]
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Doctors at Manipal Hospitals, Dwarka give new lease of life to a 30-day-old newborn suffering from brain tumor

NEW DELHI and KHARTOUM, Sudan, Aug. 25, 2022 /PRNewswire/ — Doctors at Manipal Hospitals, Delhi successfully saved the life of a 30-day-old newborn baby with a brain tumor. The baby was presented at the hospital in an emergency with a complaint of seizures and unconsciousness. Upon further diagnosis, a CT scan found a severe brain hemorrhage along with a tumor causing significant pressure inside the brain. The baby’s blood tests were also hampered by extremely high INR levels, indicating hemolytic disease. To save his life, a team of doctors led by Dr. Anurag Saxena, HOD, and Consultant Neurosurgeon successfully performed the brain tumor removal surgery (also known as craniotomy) using special techniques and equipment to reduce the blood loss to a bare minimum to prevent life-threatening hemorrhagic shock.

Manipal Hospitals Logo

The baby’s weight was just 3 kg, which is why putting him on anesthesia was a great challenge. Even minimal blood loss during the surgery would have put his life at risk. After stabilizing him medically and post a detailed discussion with his family regarding the need for the surgery and the risks involved, the surgery was performed. While performing the surgery, extreme precautions were taken, keeping in mind that the skull at this age is exceptionally soft and any undue pressure can cause increased pressure on the brain along with the risk of vision loss. Throughout the surgical procedure, the anesthesiologist made sure that the baby was stable.

Dr. Anurag Saxena, HOD and Consultant Neurosurgeon, Manipal Hospitals, Delhi, said, “When the baby was brought to us, his condition was extremely critical and unstable. He was suffering from a combination of a brain tumor and hemorrhage. This condition is extremely rare, there was imminent risk of death and he needed urgent brain surgery. What made this case more challenging was the low body weight of the baby, which posed a great challenge during the anesthesia and surgery. However, he withstood the surgery well and was weaned from the ventilator the next day. He started showing steady improvement and recovery and gradually started accepting his mother’s milk. The baby was discharged few days’ post-surgery after showing satisfactory recovery. He is doing well and is now under routine follow-up.”

About Manipal Hospitals

As a pioneer in healthcare, Manipal Hospitals is India’s second-largest multi-specialty healthcare provider treating over 4 million patients annually. With its recent acquisition of a 100% stake in Columbia Asia Hospitals in India, the integrated organization today has an enhanced pan-India footprint with 28 hospitals across 14 cities with 7,000+ beds with a talented pool of 4,000+ doctors and 10,000+ employees. Its focus is to develop an affordable, high-quality healthcare framework through its multispecialty and tertiary care delivery spectrum and further extend it to out-of-hospital care. Manipal Hospitals provides comprehensive curative and preventive care for a multitude of patients from around the globe.

Visit us at: https://www.manipalhospitals.com/internationalpatientcare/doctors/search/location-delhi?page=1

Mr. Hemant +91-8376965812
Mr. Zuhaib +91-9990199037
Email: manipal.international@manipalhospitals.com

Logo: https://mma.prnewswire.com/media/1848066/Manipal_Hospitals_Logo.jpg

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Owner of the longest standing CBI programme, St Kitts and Nevis, takes top spot at this year’s annual CBI Index

Basseterre, Aug. 24, 2022 (GLOBE NEWSWIRE) — The Caribbean nation of St Kitts and Nevis tops this year’s CBI Index rankings for offering one of the best citizenship by investment (CBI) programmes in the world.

St Kitts and Nevis was rated against 12 other countries with operational CBI programmes, which, in 2022, include Antigua and Barbuda, Austria, Cambodia, Dominica, Egypt, Grenada, Jordan, Malta, Montenegro, St Lucia, Turkey and Vanuatu.

The CBI Index, published by PWM Magazine, a publication from the Financial Times in collaboration with CS Global Partners, is a rating system designed to measure the performance and appeal of global CBI programmes across a diverse range of indicators and its purpose is to provide a rigorous and systematic mechanism for appraising programmes in order to facilitate the decision-making process for individuals considering them, and to bring value to the CBI industry

The primary methodological objective of the CBI Index is to isolate pillars that measure CBI programme features and jurisdictional desirability. The nine pillars that constitute this year’s CBI Index include: Freedom of Movement, Standard of Living, Minimum Investment Outlay, Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and, Certainty of Product.

The country received full marks – 10 out of 10 in the Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and Certainty of Product pillars.

The Mandatory Travel or Residence pillar examines the travel or residence conditions imposed on applicants both before and after the granting of citizenship.

St Kitts and Nevis, along with the rest of the Caribbean countries, does not have any travel or residency requirements for CBI applicants. This makes it easy for busy entrepreneurs to continue running their businesses and still be eligible to get their second citizenship while not having to fulfil any minimum stay requirements.

St Kitts and Nevis scored top marks for the Citizenship Timeline pillar – which looks at the average time taken for citizenship to be secured by the applicant – due to the Accelerated Application Process where for an additional fee, an applicant can obtain their citizenship within a maximum of 60 days instead of the standard processing time of approximately three months.

Ease of Processing measures the end-to-end complexity of the CBI application process. St Kitts and Nevis makes the process of obtaining citizenship easy and straightforward, the country has an official government website and a dedicated CBI unit. It has also done away with burdensome application requirements such as interviews, language, culture or history tests, proof of minimum business experience and evidence of the purchase of tangible or intangible assets.

The overall effortlessness of the application process is a particularly important component, and the promise of a smooth, hassle-free process can generate readiness to engage with a programme.

One of the areas where Caribbean nations really differentiate their programmes, is the area of due diligence. St Kitts and Nevis’ due diligence process is multi-faceted and is undertaken by the country’s CBI unit, law enforcement and external third-party due-diligence agencies from the UK and USA. This ensures that the process is stringent and comprehensive, applicants are required to provide either fingerprints or a biometric passport, police certificates from both an applicant’s country of residence as well as their country of citizenship and comprehensive supporting information in respect of an applicant’s source of funds.

The CBI Index recognises that the rise of increasingly complex family relationships is driving investors to seek programmes that allow for a more diverse range of family members to be included under a primary application. St Kitts and Nevis retains a perfect score for their family friendliness as, in addition to a main applicant, they allow the applicant’s spouse, children under 18 and over 18 in certain circumstances, siblings, parents and grandparents of both the main applicant or their spouse to be included in an application.

St Kitts and Nevis’ CBI programme is one of the oldest in the industry, having been established in 1984, it assures investors of a certainty of product. The CBI Index measures certainty across five different dimensions: longevity, popularity and renown, stability, reputation, and adaptability – aspects which St Kitts and Nevis’ programme can tick off confidently.

In the 2022 CBI Index, the Freedom of Movement pillar measures the relative strength of each country’s citizenship based on three equally weighted factors: the number of destinations to which a country’s passport allows travel without restriction, the number of prime business hubs to which it provides access, and the degree to which a given citizenship provides settlement rights in other nations. St Kitts and Nevis scored a seven out of 10 in this area as it offers visa-free or visa-on-arrival access to 156 countries.

The Minimum Investment Outlay pillar measures one of the most practical and foremost considerations of CBI: how much capital is required for the investor to become an eligible applicant for the programme of their choosing.

St Kitts and Nevis offers one of the most affordable routes to alternative citizenship, and even though it ended its limited time offer of US$150,000 for a family of four at the end of December 2021, it did not impact its score, five out of 10, as the scores are based on minimum investments for a single applicant.

The St Kitts and Nevis CBI programme is a family-friendly route for those looking for a reputable and trusted programme that prioritises both applicants and its citizens – the stringent due diligence process upon application ensures that only honest hard-working families are approved. The citizenship can also be passed down to future generations, giving investors who want to leave a legacy, peace of mind.

Download the full CBI Index here, to get further insights into the CBI industry and a full evaluation of the CBI programmes of the 12 other jurisdictions in the rankings.

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St Kitts and Nevis PR
Government of St. Kitts and Nevis
+27828215664
nandi.canning@csglobalpartners.com