EB-5 Popularity Increasing

An article from Miami Today reports how the EB5 visa program is becoming increasingly popular. USCIS reports an impressive 2,608 petitions were filed during the first three quarters of fiscal 2011, including one for the Coral Gables retail complex in Florida. 2,608 petitions this year seek foreign investment via EB-5 visas As developer Jeff Berkowitz awaits permits [...]

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 attempted to raise money [...]

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 [...]

Sister City Partnership with China

According to the Murrieta Patch, the City Council of Murrieta has voted in favor of exploring a possible sister city partnership with Shaoxing County, China, in hopes of improving the city’s economy. City Council Approves MOU For China Partnership Tuesday’s City Council approval means a memorandum of understanding about the nature of the potential partnership [...]

EB-5 Investors Await Green Energy Plant Approval

The Macon.com 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 [...]

Making Sense of EB-5

The Baltimore Sun praises the EB5 Visa Program for its ability to create jobs in the United States, and puts to bed rumors that the program is “turning the country over to the Chinese.” The price of a green card: jobs Our view: Immigration program tied to investment in America makes sense The private firms [...]

Controversy Surrounding “China Hub” Project

The Columbia Tribune reports that the EB5 Visa Program is being targeted  for the St. Louis “Aerotropolis” project. This comes as a surprise to Missouri lawmakers, who are now reluctant to grant state tax incentives to help fund the project. Visa program plays role in St. Louis hub Project stalled in legislative limbo. By RUDI KELLER [...]

Startup Visa in the News

According to The Street, a digital financial media company, the Startup Visa Act could help create more U.S. jobs as well as prevent sending high paying jobs overseas. Startup Visa Act Looks Towards Senate By Olivia Oran NEW YORK (TheStreet) – A group of lawmakers are looking to reform U.S. immigration law to make it easier for foreign [...]

EB-5 Targets Indian Investors

An article from the Hindu Business Line discusses how the US is relying on the EB-5 Visa Program to help support its economy. Plans for the future include targeting more immigrant investors in India. Economic crisis force US to revive Green Card (EB-5) scheme AHMEDABAD, SEP 22: Rattled with economic woes since 2008, the USA [...]

Maryland Live! Targets Chinese EB-5 Investors

According to The Washington Post, EB-5 financing may be “the most attractive way” to help fund Maryland’s new casino project. Chinese investors will likely contribute close to $75 million towards the $440 million development. Md. casino developer courts wealthy Chinese by offering green cards in exchange for $500,000 investment By Keith B. Richburg and John Wagner, Published: September 19 SHANGHAI — [...]

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