USCIS Answers Questions About The EB5 Visa
December 6, 2010 by Michael Gibson
Filed under EB-5 Visa News
What is the EB5 Visa? The Immigrant Investor Program, also known as “EB-5,” was created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by immigrant investors by creating a new commercial enterprise or investing in a troubled business. There are 10,000 EB-5 immigrant visas available annually. In 1992 and regularly [...]
India Makes Applying For Visas Easier
November 23, 2010 by Michael Gibson
Filed under EB-5 Visa News
U.S. Ambassador Announces More Convenient U.S. Visa Application Process November 18, 2010 New Delhi – In an effort to make the visa application process more convenient for all Indians, the U.S. Embassy in New Delhi and Consulates General in Mumbai, Chennai, Kolkata and Hyderabad now accept visa applications from across India at all visa facilities, [...]
EB5 Creates Jobs Without Taxpayer Assistance
November 4, 2010 by Michael Gibson
Filed under EB-5 Visa News
From The Record Newspapers: Too logical for a government program by Penny LeLeux Jim Hayes, manager of the Texas Redevelopment Authority, LLC gave a presentation to the commissioners court of “a federal program that’s really too logical; it involves no taxpayer money. It creates American jobs using private capital.” The EB5 job creation program, administered [...]
Victorville EB5 Investors Awaiting Appeal
November 2, 2010 by Michael Gibson
Filed under EB-5 Visa News
From the Victorville Daily Press: VV fights EB-5 termination while investors squirm In this file photo, The Quan family of Hunan Province, China, sign papers to be the first Victorville Regional Center EB-5 investors. VICTORVILLE • As Victorville fights to appeal the precedent-setting termination of its EB-5 Visa Investor program, city staff is scrambling to [...]
Warning Issued by Chinese Government to EB-5 Investors
November 1, 2010 by Michael Gibson
Filed under EB-5 Visa News
As many EB-5 practitioners are already aware, the Chinese government has issued warnings to potential EB-5 investors about risks associated with the program. The following document is an English translation from the Chinese-language news site, SINA net: China Public Security Bureau Points Out Huge Risk of US EB-5 Projects Recently, at a meeting of “Exit [...]
Ruby Gold Mine Project Using $7.5 Million in EB-5 Funding
October 6, 2010 by Michael Gibson
Filed under EB-5 Visa News
Recent press release by North Bay Resources, Inc. North Bay Resources Inc. (NBRI) Agrees to Acquire Ruby Gold Mine; Gold Production Expected to Begin By Mid-2011 SKIPPACK, PA–(Marketwire – October 4, 2010) – North Bay Resources Inc. (PINKSHEETS: NBRI) (OTCQB: NBRI) (“North Bay” or the “Company”) is pleased to announce that it has executed an option agreement [...]
Florida Regional Center Receives USCIS Approval
September 27, 2010 by Michael Gibson
Filed under EB-5 Regional Center News
Thanks to Nicholas A. Mastroianni II of the newly-approved Florida Regional Center for forwarding this press release to USAdvisors.org: Florida Regional Center Receives USCIS Approval Decision Green Lights Overseas Investment Opportunities in Harbourside Place Jupiter, FL Development Project Palm Beach County, Florida – September 14, 2010 Florida Regional Center, www.FLRegionalCenter.com, the U. S. government-approved entity [...]
Attorneys Contribute Many New EB5 Visa Articles to EB5info.com
August 18, 2010 by Michael Gibson
Filed under EB-5 Visa News
A slew of new articles on EB5info.com details everything from the use of broker-dealers by regional centers to whether the EB-5 investor visa program belongs at USCIS. Here’s a run-down of the new pieces: From Attorney Jor Law: Using broker-dealers to raise capital for EB5 visa regional centers From Attorney Ron Klasko: Article that discusses [...]
Victorville to Accept More Loans Through EB5 Visa Program
August 4, 2010 by Michael Gibson
Filed under EB-5 Regional Center News
More news in the ongoing controversy surrounding Victorville Regional Center: City poised to accept $3 million more in EB-5 loans VICTORVILLE • The council is poised Tuesday night to accept six more loans of $500,000 each from foreign citizens through the federal EB-5 program, offering green cards in exchange for an investment that creates 10 [...]
USCIS Memo Mentions EB5 Visa Program, Proposes DOC Partnership
August 2, 2010 by Michael Gibson
Filed under EB-5 Visa News, USCIS
A new article on EB5info.com expands on how a recent proposal by USCIS may affect the EB5 visa community (link to article). In a memo made available Thursday, USCIS makes recommendations regarding the future of the EB5 visa program if comprehensive immigration reform does not pass this year. One key component of the memo suggests [...]










