Monday, November 30, 2015

EB-5 Visa News

Investor Visas More Attainable

The Economist reports on how it has become even easier to obtain an investor visa... 

EB-5 to Increase Capital in Michigan

According to the South Bend Tribune, the state of Michigan intends to utilize the... 

EB-5 Draws Latin American Investors

The Miami Herald reports that Miami is drawing significant interest from investors... 

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Immigrant Investor

EB-5 Draws Latin American Investors

The Miami Herald reports that Miami is drawing significant interest from investors... 

Judge Places Victorville Case on Hold

The Victorville Daily Press reports that the city’s lawsuit against the federal... 

Act Proposes More Access to Foreign Investor Visas

According to CNN Money, the Kauffman Foundation is pushing for an increase in the... 

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EB-5 Regional Center News

EB-5 to Increase Capital in Michigan

According to the South Bend Tribune, the state of Michigan intends to utilize the EB-5 Visa program to increase available capital and decrease unemployment. Green cards for jobs on table Gov. Snyder wants to offer visas to investors. By COURTNEY CULEY November 21, 2011 LANSING — Foreign investors willing to put up a large lump sum can receive... [Read more of this review]

Albany, NY Pursues Regional Center

Eager to join the existing New York EB-5 Regional Centers, The Business Review reports that Albany, NY has submitted an application to the Development Council, for its own regional center. EB-5 visa program could match Albany-area developers with wealthy foreign investors The Business Review by Michael DeMasi, Reporter Business leaders in Albany,... [Read more of this review]

Judge Places Victorville Case on Hold

The Victorville Daily Press reports that the city’s lawsuit against the federal government is currently on hold, as the city waits to hear from USCIS Appeals Court regarding the reinstatement of its regional center. Victorville’s suit against Feds on hold City expects decision on appeal of EB-5 termination Dec. 2 November 07, 2011 7:23 PM VICTORVILLE... [Read more of this review]

EB-5 Reaches Vail CO

The Denver Post reports that developers of the Solaris project in Vail Colorado, are seeking $80 million in EB-5 funding through the Colorado Regional Center. Solaris is the first EB-5 project to be approved in Colorado. EB-5 visa program for wealthy investors growing rapidly By Nancy Lofholm The Denver Post The huge Solaris project under construction... [Read more of this review]

New RC Approved in Maine

WABI TV-5, an affiliate of CBS, reports that USCIS has approved a new RC in Rangeley, Maine. Federal Visa Program Could Bring & Jobs To Western Maine by Rob Poindexter Augusta - A federal visa program to stimulate business and job growth in Western Maine was announced in Augusta Tuesday. The U.S. Department of Homeland Security has authorized... [Read more of this review]

Indiana RC Awaits Promising Future

According to The Herald Bulletin, the future looks bright for the Energize ECI EB-5 Visa Regional Center, LLC. The RC is drawing interest from companies nationwide, looking to bring their businesses to the area. Proposed Visa center draws interest from companies Madison County ideal location, center says By Abbey Doyle ANDERSON, Ind. — The formation... [Read more of this review]

EB-5 Expected to Finance $35 Million Resort Expansion

The Concord Monitor reports that Ragged Mountain Resort in Danbury, New Hampshire, has been approved for EB-5 funding, through the newly designated New Hampshire EB-5 Regional Center LLC. For resort, overseas hopes ‘Immigrant investors’ will be able to get green cards By Ben Leubsdorf / Monitor staff October 16, 2011 Brian Judkins... [Read more of this review]

El Monte Regional Center Terminated

The Pasadena Star-News reports that USCIS have terminated the El Monte Regional Center in California, in light of an FBI investigation and the possible misuse of HUD money. El Monte Transit Village developers attracted few foreign investments City officials question group’s motives Daniel Tedford, Staff Writer EL MONTE – A program that... [Read more of this review]

McAllen Regional Center Approved

The Monitor reports that McAllen’s application for an EB-5 regional center was approved on Sept.27. The USA Now Regional Center LLC has several projects underway. McAllen to employ green cards to draw foreign investors October 10, 2011 2:52 PM McALLEN — With banks hesitant to lend, McAllen hopes to spur development in Hidalgo County by using... [Read more of this review]

EB-5 Investors Await Green Energy Plant Approval

The reports that NW Technologies have made a pitch to authorities to build a $20 million wind and solar energy farm in Macon, Georgia. If approved, the facility will receive most of its funding through the EB5 Visa Program. Green energy plant may net Bibb County 150 jobs By RODNEY MANLEY A Norcross company wants to build a $20 million... [Read more of this review]

Mamtek Investment Deal Gone Bad

The Columbia Daily Tribune links the MAMTEK Regional Center to a possible Chinese investment scandal. Mamtek pushed visa deal to Chinese investors Mamtek US Inc. highlighted a little-known U.S. visa program as an added enticement to lure Chinese investors for the failed effort to build a taxpayer-subsidized artificial sweetener factory in Moberly. On... [Read more of this review]

Third Indiana Regional Center Just Approved

The Star Press announced Saturday that Energize-ECI has received approval from USCIS to operate in Indiana. Energize-ECI foreign investor program approved The EB-5 program could attract investors and create jobs, officials said MUNCIE — A regional economic development agency has won federal approval for a program that could attract foreign investors... [Read more of this review]

Milwaukee Marriott Will Break Ground

The Biz Times Daily announced today that the development group that plans to build a $54 million Marriott hotel in downtown Milwaukee, has closed on the property. Financing for the project is being provided through the EB5 Visa Program. Marriott hotel developers close on property Published September 1, 2011 - BizTimes Daily Jackson Street Management... [Read more of this review]

Everett, WA Announces Expansion of EB5 Regional Center

My Everett News announced earlier this week that on August 8, the city of Everett, Washington added a second larger regional center, expanding its geographical area for EB5 foreign investment. Foreigner? Want a Green Card? Invest in Everett! The city of Everett today announced the expansion of the EB-5 Immigrant Investor Program within the City of... [Read more of this review]

EB-5 Brings Foreign Capital to Gulf Coast

An article from the Gulf Coast Business Review explains how the EB5 “regional center” program is successfully creating jobs in areas of high unemployment. Millions of dollars from foreign investors have recently funded development projects in U.S. cities along the Gulf Coast. Foreign Capital, Local Jobs BY: JAY BRADY | GOVERNMENT EDITOR What.... [Read more of this review]

EB-5 Funding Secured for Evansville, IN Project

An article from the Evansville Courier & Press reports how the Downtown Evansville Arena Project will be funded, in part, by the EB-5 Visa Program. Indianapolis-based Geneva Capital have secured $22.5 million through Midwest Center for Foreign Investment, to build a new hotel. Commission urged to hire a consultant for hotel bids | POLL By Arek... [Read more of this review]

NES Financial Support MIGC Project

NES Financial announces their agreement with Mirzam Investor Green Card Regional Center (MIGC), to provide EB-5 Escrow Administrative services for the center’s aquaculture project. Mirzam Investor Green Card Regional Center selects NES Financial’s EB-5 Escrow Administration Solution San Jose, CA (PRWEB) July 13, 2011 NES Financial, a leading... [Read more of this review]

Victorville Lawsuit Filing Delayed

Victorville, California Following last week’s announcement that the City of Victorville was planning to file a suit against USCIS, the Department of Homeland Security, and three other officials, the Victorville Daily reports that the city is still yet to file. Victorville gets creative to keep RDA efforts alive City shifts focus of EB-5 board;... [Read more of this review]

First Oregon EB5 Visa Regional Center Approved

Oregon is to open its first EB-5 regional center, says the East Oregonian. The Oregon Regional Center, operated by the American United Development Group, is said to consider funding a biomass facility project in Prineville, OR, among its first EB-5 projects. Federal agency approves Oregon’s initial EB-5 visa regional center SALEM – The federal... [Read more of this review]

Victorville Suing Over EB-5 Visa Termination

Following last week’s news that the city of Victorville disputed USCIS’ decision to terminate its EB-5 program, the Victorville Daily Press reports that the City Council has voted 3-1 in favor of filing a civil suit against the agency. The city hopes that a U.S. District court in D.C. will reinstate the city’s regional center. Victorville... [Read more of this review]

Victorville’s Foreign Investors to Seek Alternative Regional Centers

The Victorville Daily Press reports that the city may dispute USCIS’ decision to end their EB-5 visa program, in court. Victorville Regional Center was closed last October in response to findings that the city was not adhering to USCIS requirements for job creation. Inland Energy President Buck Johns is reportedly hoping to allocate alternative... [Read more of this review]

USCIS Approves South Florida Project

A press release published by the South Florida Regional Center announced that on June 2 USCIS approved Steel HQ’s (a steel-framing company) South Florida construction project. The new 10,000 square foot facility is expected to generate approximately 400 full-time jobs using funding from the EB-5 program. Steel HQ Launches Approved EB5 Project... [Read more of this review]

EB-5 To Fund Amarillo Development?

According to the Amarillo Globe-News, Wallace Bajjali Development Partners is considering using money from EB-5 foreign investor’s to help fund redevelopment projects in downtown Amarillo, Texas. City to mull foreign cash Posted: June 14, 2011 – 12:13am ADVERTISEMENT By KAREN SMITH WELCH The firm searching for cash for downtown... [Read more of this review]

Newer Investments Offer No Guarantee of Residency

Once again, an article in the Wall Street Journal has noted the rapidly growing number of EB-5 regional centers. Managing Director Michael Gibson, interviewed in the article, describes how despite the increase in EB-5 funded developments, there has also been an increase in the number of denials for permanent residency. Program Gives Investors... [Read more of this review]

Appeal to Keep CA EB-5 Program is Denied

According to the Victorville Daily Press, USCIS has denied the town’s appeal to reconsider terminating their EB-5 program. The California Victorville Regional Center is subsequently no longer operating, following two notices from USCIS to terminate the program. The regional center has failed to return more than $9.5 million in loans to investors. Feds... [Read more of this review]

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