New Immigrant Investor Program For Canada

CANADA RE-OPENS IMMIGRANT INVESTOR PROGRAM Effective December 1, 2010, Citizenship and Immigration Canada will once again accept applications under the federal Immigrant Investor Program. Under the new program criteria, investor applicants will need to have a personal net worth of $1.6 million, up from $800,000 under the old criteria, and make an investment of $800,000, [...]

New EB-5 visa Regional Center (EB-5 MRC) is approved for Central Michigan

Investment center established in mid-Michigan to help rebuild state economy Published: Monday, February 1, 2010 4:08 PM EST The local economy could get a big boost from a development initiative in mid-Michigan that will offer a new source of investment capital opportunities. EB-5 Michigan Regional Center, LLC, based in Saginaw, will work to bring foreign [...]

Mike Steiner named as Executive Director of EB5 visa program Northeast Ohio Regional Center (NORC)

Steiner finds a fit as director of Northeast Ohio Regional Center January 24, 2010 By BRYAN SCHAAF Staff Writer WOOSTER — Mike Steiner built his own insurance company from the ground up more than 20 years ago. Now retired, city officials hope Steiner’s magic touch will rub off on his newest project. That’s because if [...]

Wanted: Investors from afar, EB-5 visa program perspective from St. Louis

From St. Louis Today comes and interesting perspective on the EB-5 visa program: Wanted: Investors from afar By Tim Logan ST. LOUIS POST-DISPATCH Sunday, Jan. 24 2010 CLAYTON — St. Louis wants to tap more overseas capital by giving more overseas capitalists the right to live here. Local economic development officials are applying to the State [...]

Greenwood Village (Colorado) financial investment firm, Waveland Ventures, awaits designation as EB-5 visa Colorado Regional Center

With apologies to all of our EB-5 Visa news readers for the backlog of stories to all come your way in one go, but it has been very busy getting our EB-5 visa project database finalized and we will have that available for you soon.  In the meantime, enjoy all of the press that the [...]

Immigrants invest in U.S. businesses in exchange for visas, EB-5 article from the Washington Post

EB-5 visa Regional Centers mentioned in this article include The Capital Area Regional Center (CARc), Anacostia Regional Center, EB-5 America, and the Sugarbush project of the Vermont Agency of Community Development. Immigration attorneys David Morris and Stephen Yale-Loehr as the Executive Director of the Association to Invest in USA (the IIUSA EB-5 trade association). Immigrants [...]

State of California publishes EB-5 Investor Visa Program informational website

From Business.ca.gov comes an informative site on the EB5 visa program and the State of California’s role with the EB-5 visa. With  23 EB5 visa program regional centers, California leads the nation by far in USCIS designated EB5 Centers. Here is a short excerpt from their page: The information outlined below, which explains the EB-5 [...]

Manhattan’s W Hotel Sold At Auction For $2 Million, Dubai World Crisis Hits Union Square

This story has shocked commercial real estate investors from New York to Shanghi. For the price of a tony Park Avenue flat, the W hotel was sold to a private equity fund, LEM Mezzanine, who in addition to the $2 million in cash, will assume $200 million in debt. The hotel was purchased by Istithmar [...]

Developers to use EB5 visa program for Algiers hotel, New Orleans

From the New Orleans City Business comes an article about NobleOutReach and their latest EB5 visa project in the City of New Orleans, Louisiana.   Of interest should be the statement:  “…and the project will be paid for by visa-seeking foreigners participating in an obscure federal immigration program.” They also mention that there are 45 EB5 [...]

Dubai gets $10B from Abu Dhabi to cover debt, credit spreads ease

From the AP comes news this morning that Abu Dhabi will loan it’s sister state Dubai $10 Bn. to cover its most pressing credit and debt obligations.  This has already caused a rally in equity markets both here and overseas, and indications are that if this issue can be resolved, credit spreads for real estate [...]

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