<!– Comment –>
<p>Comment: Join ILW LinkedIn Group</p>
<p>
ILW.COM cordially invites immigration professionals: attorneys, paralegals,
law students and others to join the ILW.COM LinkedIn group. The ILW.COM
<a href=”https://www.linkedin.com/groups/100756/” target=”_blank”>
LinkedIn Group
</a>
is a place for you to enhance your network with others in the field, to
discuss issues of mutual interest, and to keep on the top of the latest
developments in immigration law.
</p>
<!– END Comment –>
<!– Article; Blogging; News –> <!– <p><a href=””></a> –>
<p><a href=”http://discuss.ilw.com/articles/articles/393205-article-mulvaney-us-desperate-for-immigrants” target=”_blank”>Article: Mulvaney: US desperate for immigrants
</a></p>
<p><a href=”http://discuss.ilw.com/blogs/bbuchanan/393193-el-expreso-distributes-90-000-to-u-s-workers-under-doj-settlement” target=”_blank”>Blogging: El Expreso Distributes $90,000+ to U.S. Workers Under DOJ Settlement By Bruce Buchanan, Sebelist Buchanan Law
</a></p>
<p><a href=”http://discuss.ilw.com/blogs/immigrationlawblogs/393204-will-empathy-for-immigrants-survive-covid-19-by-nolan-rappaport” target=”_blank”>Blogging: Will empathy for immigrants survive COVID-19? By Nolan Rappaport</a></p>
<p><a href=”http://discuss.ilw.com/blogs/immigrationlawblogs/393201-law-professor-and-public-health-expert-warms-restricting-medicaid-could-cause-coronavirus-epidemic-immigrant-public-charge-rule-could-do-the-same-by-roger-algase” target=”_blank”>Blogging: Law professor and public health expert warms restricting Medicaid could cause coronavirus epidemic. Immigrant Public Charge rule could do the same By Roger Algase
</a></p>
<!– END Article; Blogging; News –>
<!– Focus –>
<p>Focus: EB5 and Global Wealth Distribution<br>
<div class=”theiaPostSlider_preloadedSlide”>
<p>In recent decades, extreme world poverty has <a href=”https://www.visualcapitalist.com/decline-extreme-poverty-perspective/”>declined significantly</a> and many millions of people have joined the swelling ranks of the middle class – particularly in China.</p>
<p>While these economic shifts are positive, it’s the other end of the global wealth spectrum that attracts the most attention. A high degree of wealth creation is amassed by those at the top of the economic pyramid.</p>
<h2 style=”margin-top: 0;”>The Top-Heavy Wealth Spectrum</h2>
<p>Today, slightly less than 1% of the world’s adult population occupies the $1M+ wealth range. Despite their small numbers, this elite group collectively controls 46% of the world’s wealth, valued at approximately $129 trillion.</p>
<p><img src=”https://2oqz471sa19h3vbwa53m33yj-wpengine.netdna-ssl.com/wp-content/uploads/2018/12/global-wealth-distribution.png” alt=”Concentration of Global Wealth” scale=”0″></p>
<p>On the flip side of the equation, 70% of world’s population fall into the sub-$10K wealth band. This majority of people around the world collectively control a mere 2.7% of the world’s wealth.</p>
<p>Even as “the rich get richer”, there is good news for the majority. The percentage of people in that lowest wealth band has been shrinking over the years.</p>
<h2 style=”margin-top: 0;”>Moneyed Metropolises</h2>
<p>Not only is money concentrated among a small portion of the population, those people tend to <a href=”https://www.visualcapitalist.com/millionaire-migrants-countries-rich-people-flocking/”>gravitate</a> towards global cities such as London, Hong Kong, and New York.</p>
<p>In fact, 70% of ultra high net worth individuals (UHNWIs) – persons with investable assets of $30 million or more – reside in just ten cities around the world.</p>
<p><img src=”https://2oqz471sa19h3vbwa53m33yj-wpengine.netdna-ssl.com/wp-content/uploads/2018/12/global-wealth-uhnwi-map.png” alt=”global wealth concentration map” scale=”0″></p>
<p>According to <a href=”https://www.credit-suisse.com/media/assets/corporate/docs/publications/research-institute/global-wealth-report-2018-en.pdf” rel=”noopener” target=”_blank”>Credit Suisse</a>, emerging markets now account for 22% of growth in the UHNWIs category – up from just 6% growth in 2000 – with China alone adding over 16,000 UHNWIs to the mix. Many members of this elite class may generate their wealth in emerging economies around the world, but as we can see from the map above, the world’s richest people end up very concentrated, geographically speaking.</p>
<h3 style=”margin-top: 0;”>Global Wealth, by Continent</h3>
<p>As the visualization below demonstrates, wealth accumulates in Europe and North America. This trend is so pronounced that it only becomes evident once the scale is adjusted to see the detail in the upper percentiles.</p>
<p><img src=”https://2oqz471sa19h3vbwa53m33yj-wpengine.netdna-ssl.com/wp-content/uploads/2018/12/global-wealth-percentiles.png” alt=”wealth distribution by continent” scale=”0″></p>
<p>One thing is for certain – the world is changing quickly, and just as this graph would have looked very different 20 years ago, global wealth will almost certainly look different in 20 years time.</p>
<!– MailChimp for WP Pro v2.1.1 –><!– / MailChimp for WP Pro –>
</div><p>
Contact us for a conversation on what we can do for you in this brave new
EB5 world by emailing us at
</p>
<a href=”mailto:webmaster@ilw.com” target=”_blank”>webmaster@ilw.com</a>
<p>
, calling us at 212-545-0818 or
</p>
<a
href=”http://ilw.com/corporate/information-request-form.shtm”
target=”_blank”
>
online.
</a>
</p>
<!– END Focus –>
<!– Headlines –>
<a name=”Headlines” id=”Headlines”></a>
<!– Headline: <a href=””>Click here</a><br/> –>
<p>
Headline: 10% of Trump 2016 voters might not vote for him in 2020
<a href=”https://www.vox.com/2020/3/10/21173431/swing-voters-trump-2020″ target=”_blank”>Click here</a><br>
Headline: Trump’s decision to end ‘catch and release’ stops the illegal immigration surge
<a href=”https://www.washingtontimes.com/news/2020/mar/10/trumps-decision-to-end-catch-and-release-stops-the/” target=”_blank”>Click here</a><br>
Headline: Immigration Courts Allowed To Post Coronavirus Flyers After Told To Remove Them
<a href=”https://www.huffpost.com/entry/immigration-courts-coronavirus_n_5e67a965c5b6670e72ff3307″ target=”_blank”>Click here</a><br>
Headline: Four Illinois sheriffs sue to strike down Illinois law allowing release of non-citizen felons
<a href=”https://www.washingtonexaminer.com/politics/four-illinois-sheriffs-sue-to-strike-down-illinois-law-allowing-release-of-non-citizen-felons” target=”_blank”>Click here</a><br>
Headline: Let’s show Congress how to cooperate on immigration reform
<a href=”https://thehill.com/opinion/immigration/486048-lets-show-congress-how-to-cooperate-on-immigration-reform” target=”_blank”>Click here</a><br>
</p>
<!– END Headlines –>
<!– Service Provider –>
<p>Foreign Credential Evaluations & Translations<br>
American Evaluation & Translation Service, Inc. (AETS) is the industry leader in foreign credential evaluations and certified document translations. AETS provides the most competitive rates in the industry – including educational evaluations using the Aacrao EDGE database, as well as expert opinion work experience and position evaluations completed by university professors who have the “authority to grant college level credit for work experience and/or training.” AETS offers a variety of turn-around times, including same-day service for Educational and Work Experience Evaluations, and Expert Opinion Position Analysis and Position Evaluations. For list of rates and times, see: <a href=”http://www.aetsinternational.com/” target=”_blank”>http://www.aetsinternational.com/</a>
AETS also provides certified translations in 100+ languages, with translators that are specialists in 80+ fields. For a copy of the Application for Credential Evaluation and Translation Services, please visit the following link: <a href=”http://www.aetsinternational.com/translation-services/” target=”_blank”>http://www.aetsinternational.com/translation-services/</a>
Please contact AETS at anytime at (786) 276-8190, visit <a href=”http://www.aetsinternational.com”>http://www.aetsinternational.com</a>, or email: <a href=”mailto:info@aetsinternational.com”>info@aetsinternational.com</a>.
New customers to AETS will receive a one-time 25% discount on their first Educational Evaluation request. (*Please mention promotion code: AETS.ILW.25 to receive the one-time discount.)</p>
<!– END Service Provider –>
<!– Classifieds –>
<!– END Classifieds –>
<!– Letters to the Editor –>
<p><a href=”http://discuss.ilw.com/blogs/idblog/393195-letters-of-the-week-mar-9-mar-13″ target=”blank”>Letters of the Week</a></p>
<!– END Letters to the Editor –>
<!– ComingsNGoings –>
<p>ComingsNGoings: Submit Your Announcement<br>
If you have a professional announcement such as: New Position, Honors And Awards, Mergers & Acquisitions, New Office Address, New Appointment, New Associate, New Attorney, New Partner, that you wish to share with the Immigration Daily community, send your professional announcement to: <a href=”mailto:editor@ilw.com”>editor@ilw.com</a> comingsNgoings announcements is a free service
</p>
<!– END ComingsNGoings –>
<p>
<hr class=”ilwDailyLine”/>
<span class=”ilwFinePrint”>An Important disclaimer! The
information provided on this page is not legal advice.
Transmission of this information is not intended to create, and
receipt by you does not constitute, an attorney-client
relationship. Readers must not act upon any information without
first seeking advice from a qualified attorney. Copyright
1995-2017 American Immigration LLC, ILW.COM. Send correspondence
and articles to <a href=
“mailto:editor@ilw.com”>editor@ilw.com</a>. Letters and articles
may be edited and may be published and otherwise used in any
medium. The views expressed in letters and articles do not
necessarily represent the views of ILW.COM.</span>
<hr class=”ilwDailyLine”/>
<a name=”publisher” id=”publisher”></a> <!–PublisherEditor–>
Publisher: Sam Udani ISSN: 1930-062X<br/>
<a href=”http://www.ilw.com/immigrationdaily/advisoryboard.shtm”>Advisory
Board</a>: Jason Dzubow, Rami Fakhoury, Matthew Kolken, Chris Musillo,
Lory Rosenberg, Greg Siskind, Joel Stewart, Margaret Wong
<!–END PublisherEditor–>
{$inline_image
