Permanent Extension of EB-5 Visa Program Sought As Part Of Immigration Legislation

According to a statement from the desk of Senator Patrick Leahy (D-VT), “Senators Reid, Schumer, and Menendez have released a productive framework for the process of drafting comprehensive immigration reform legislation.” Among the many reforms included in the proposal is a permanent extension of the EB-5 Visa program, which Senator Leahy also supports. While perhaps [...]

Seaway Valley Pursues Formation of EB-5 Regional Center to Cover Investments in Six States

According to a press release from GlobeNewswire, Inc., holding company Seaway Valley Capital Corporation is partnering with ACG Consulting to create a new EB-5 regional center that will cover six states in the Northeast including New York, Massachusetts, and Connecticut. Among other investments, the multi-state center will fund projects for Hackett’s Stores, a retail sales [...]

New South Korean EB-5 visa biotech project comes to Vermont

Agreement To Pave Way For New Biotech Jobs In Vermont Vermont Governor Jim Douglas recently finalised a plan with South Korean company AnC Bio to designate its new subsidiary, AnC Bio VT, LLC as an official Vermont EB-5 Regional Center Project. AnC Bio VT is now raising money for a planned new facility in Orleans [...]

NY State Legislator proposes EB-5 visa regional center for his district to develop a large scale ski resort

From the Adirondack Daily Enterprise comes a story about New York State legislator Tim Burpoe who has made one of his goals for 2010 to have his six county district designated as an EB-5 visa regional center.  Here is a quote from the article: “He also wants the county to move forward on getting an [...]

Blog post about the economic benefits of immigrant entrepreneurs and innovators, EB-5 & Startup visa mentioned

From the Enterprise Resilience Management Blog written by Stephen F. DeAngelis and Bradd C. Hayes comes an insight into the movements by several groups to expand the EB-5 visa program to include foreign born entrepreneurs, specifically the Startup Visa movement by Paul Kedrosky and Brad Feld.   The authors go on to expand the field [...]

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 [...]

Hybrid Startup Hopes to Build Cars in Alabama, EB-5 visa project for ACFI

Startup company Hybrid Kinetic Motors showed off its first concept car at a Montgomery, Ala., hotel in hopes of building support for its bid to build cars in that state. The Italian-designed Quaranta concept is part of an effort to convince state lawmakers to provide tax breaks and other economic incentives to the startup company. [...]

Invest in U.S. Biz, Get an Immigrant Visa, ABC / Forbes EB-5 visa news story

EB-5 visa Regional Centers and principals mentioned: Bill Stenger of Jay Peak project, Vermont Agency of Community Development, and  Henry Liebman of American Life in Seattle. Invest in U.S. Biz, Get an Immigrant Visa U.S. Government Sets Aside 10,000 Visas for Foreign Investors By Katy Finneran, Forbes.com Jan. 9, 2010 Under the Immigration Act of [...]

EB-5 Investor Visa story by NPR: Recession Fuels Spike In Foreign Investor Visas

National Public Radio’s Jennifer Ludden has produced a very balanced and informative piece on the EB-5 Immigrant Investor visa program. In the audio broadcast published today, she speaks with an English investor about his investment in the Marriott Hotel project run by EB-5 principal Henry Liebman of the American Life Seattle Regional Center, as well [...]

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