Saturday, May 19, 2012

Mamtek Investment Deal Gone Bad

September 26, 2011 by Katie Rapone  
Filed under EB-5 Regional Center News

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 a Chinese-language [...]

Third Indiana Regional Center Just Approved

September 12, 2011 by Katie Rapone  
Filed under EB-5 Regional Center News

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 and create up to [...]

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 LLC, the [...]

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 [...]

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. EB-5: Foreign [...]

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 Sarkissian II [...]

NES Financial Support MIGC Project

July 14, 2011 by Katie Rapone  
Filed under EB-5 Regional Center News

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 provider of trust and escrow technology and services, [...]

Victorville Lawsuit Filing Delayed

July 12, 2011 by Katie Rapone  
Filed under EB-5 Regional Center News

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; lawsuit against feds [...]

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 government has approved [...]

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. [...]

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