Three ways COVID-19 has transformed workplaces

The pandemic may have put a damper on business results for the year, but what we will remember is how it has changed work culture. The practices we adopted during social isolation have changed how we work, the tools we use, and how we evaluate performance. Nearly all companies, from the most traditional to the most advanced, are mastering the digital tools that allow workforces to work remotely.

But once this pandemic ends, we shouldn’t abandon what we’ve learned from it. For example, we can adapt tools that became necessities during the pandemic (like video interviewing) into standard practice to create more geographically diverse teams and to discover talents who are particularly fluent in the new digital environment. The pandemic has helped companies to discover that they can transform themselves from an office-based delivery culture to an anyplace delivery

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EB-5 Program Update:

The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.

If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.

LCR expects the program to be reauthorized in February 2022, and continues to work with international families that want to explore alternative residency options.

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