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The EB-5 visa program, which is also called as the Golden Visa program, requires applicants to invest between US$900,000 and US$1.8 million, depending on the location of the project, and requires at least 10 jobs to be either created or preserved. [40] [41] There is an annual cap of 10,000 applications under the EB-5 program. [42]
The scheme began in 2012. [6] [7] By 2024, the country has received 7.3 billion euros of funds through the program.[8]In August 2019, according to SEF, Chinese investment in Portugal under the scheme was down during the first eight months of 2019 a decrease of 15.7 percent from the same period of 2018.
The Golden Visa was invoked by the government of the United Arab Emirates in 2019, [35] under Cabinet Resolution No.56 of Organization of Residence Permits for Investors, Entrepreneurs and Professional Talent, 2018. [36] The UAE Golden Visa costs 136,000 USD for investors. [37]
Receiving this visa is a prerequisite to apply for a residence permit, which would allow the visa-holder to stay in Hungary for 10 years, extendable by a further 10 years, according to the draft.
An academic equivalency evaluation is primarily required for H-1B visa applicants who have not earned an academic degree at a university or college in the United States, but have acquired a degree from another country. H-1B visas require a bachelor's degree or its equivalent as a minimum. [1]
Credential evaluation is also important for those seeking an H-1B visa, which requires a bachelor's degree or equivalent, and for some categories of permanent resident. For H-1Bs, but not permanent resident applications, experience can be counted towards equivalence at the rate of three years of experience equals one year of education. [20]
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