Results 1 to 1 of 1

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Moderator Beezer's Avatar
    Join Date
    Apr 2016
    Posts
    31,529

    UK, Maybe, and India, Certainly, Are Taking Useful Immigration Control Steps

    UK, Maybe, and India, Certainly, Are Taking Useful Immigration Control Steps


    Facebook

    Twitter

    Reddit

    LinkedIn

    Email

    Copy Link



    By David North on February 17, 2023



    There are oodles of nations around the world and sometimes their immigration policies are either good examples for the U.S., or otherwise helpful to America.

    Today we offer one example of each, with India playing a direct role in one, and an indirect role in the other.

    The first one we have in mind is a new rule in India. Although it was presumably designed to increase taxes for the Indian government, it will also tend to limit one small segment of Indian migration to the United States.

    What the Indian Central Bank has done, according to a news site that serves the U.S. EB-5 industry is to levy a substantial tax on EB-5 investments made by Indian nationals in an effort to secure green cards in this country.

    The tax rate for this used be 5 percent. It is now a nominal 20 percent rate, but in reality, a 25 percent tax as explained below. Thus an $800,000 EB-5 stake will now cost the investor $1 million; presumably that will tend to discourage such investments that result, for the States, in a needless if small flow of migrants.

    I follow EB-5 matters closely, and I have never heard of a nation with such a tax.
    Often in immigration matters things are defined in such a way as to achieve a desired result while camouflaging the reality.

    In the U.S., the Optional Practical Training (OPT) program redefines alumni as "students" so that employers do not have to shoulder payroll taxes; employers are given a bonus to hire alien rather than citizen workers.

    In the new, higher tax on EB-5 investments, 25 percent is defined as 20 percent, presumably to make the new rate more acceptable. In a hard-to-believe math sleight-of-hand, we see this in the EB-5 publication:

    According to Utsav R. Doshi, managing partner at R K Doshi & Co LLP, the proposed rule means that “one will have to make available an amount equivalent to $1,000,000 in order to enable a net-wire of $800,000. Articles written on this subject recently have stated that a sum of $160,000 will be deducted on $800,000. This is wrong,” says Doshi.

    “The deduction is always on a ‘gross-up’ basis. Hence, you need to make available [the Indian rupees] equivalent of US$1,000,000 in order to effectuate the net wire,” he elaborates.

    Speaking of former foreign students, in the United Kingdom there is another development, which presents a possible useful precedent for our policy-makers.

    The British government, according to the home secretary, is contemplating the termination of its version of our OPT program; it is called the “graduate visa”, a more honest name than our Optional Practical Training.

    Under this UK program, alien grads of a British institution, including, according to the home secretary, those who have attended “less respectable universities” get two years to work, or to look for work. No job offer is needed to get the visas. I cannot tell from here whether the graduate visa contains a tax subsidy for employers, as our OPT does.

    Critics of the UK scheme call it a “backdoor to immigration”.

    The indirect connections of the Brit program to India are dual.

    First, the largest portion of users (41 percent) of the program are from that country.

    Secondly, the Home Office secretary making the suggestion is Suella Braverman, a descendant of Indian immigrants (like her boss, Prime Minister Rishi Sunak).


    https://cis.org/North/UK-Maybe-and-I...-Control-Steps
    Last edited by Beezer; 02-18-2023 at 09:13 AM.
    ILLEGAL ALIENS HAVE "BROKEN" OUR IMMIGRATION SYSTEM

    DO NOT REWARD THEM - DEPORT THEM ALL

Similar Threads

  1. GA - Marietta taking steps to become IMAGE certified
    By Jean in forum illegal immigration News Stories & Reports
    Replies: 0
    Last Post: 03-30-2013, 12:17 AM
  2. H1N1 Fears Have El Paso Taking Big Prevention Steps
    By JohnDoe2 in forum Other Topics News and Issues
    Replies: 0
    Last Post: 04-24-2011, 12:56 PM
  3. OBAMA 'TAKING 34 WARSHIPS TO INDIA' ~ Security
    By AirborneSapper7 in forum Other Topics News and Issues
    Replies: 1
    Last Post: 11-04-2010, 08:41 AM
  4. Left is taking radical steps in name of diversity
    By butterbean in forum Other Topics News and Issues
    Replies: 1
    Last Post: 09-02-2009, 07:54 PM
  5. 12 Steps to Illegal Immigration Control
    By thinker822 in forum illegal immigration News Stories & Reports
    Replies: 7
    Last Post: 04-14-2006, 07:22 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •