EB-5 News & Updates #116 March 07-14

Projects

DVRC PENNSYLVANIA TURNPIKE II, LP
Pennsylvania Turnpike Commission (PTC), a Pennsylvania State Agency that oversees all the toll roads in the state is overseeing all aspects of construction and operation of the project.  PTC will track job creation and be responsible for the job creation.   The PA Turnpike/ I-95...
DVRC SEPTA II LIMITED PARTNERSHIP
The SEPTA Rebuilding for the Future Project is a capital improvement program comprised of the development, construction, and purchase of an integrated system of machinery and equipment to implement SEPTA’s Elwyn to Wawa rail service restoration, rehabilitation of the 15th Street / City Hall...

Posts

EB-5 Visa Program vs. H-1B Visa, Which is Better, The EB-5 Visa is a Path to Permanent Residency in the United States
H-1B visa applicants or holders are typically foreign graduates that attended a U.S. University that would like the ability to stay, work and live in the United States. A down side to the H-1B visa is that is a temporary...

Updates

Project Updates
New Details Emerge About Kolter's Second Downtown St. Pete Tower
Five weeks ago it was revealed that the Kolter Group, the developers behind ONE St. Petersburg, a recently constructed 41-story condo...
Jay Peak receiver argues Saint Saveur Valley Resorts owes $80M in EB-5 fraud
Michael Goldberg, the court-appointed receiver in the EB-5 fraud case, speaks at a Statehouse news conference Thursday.  Abitter...
Deconstructing Dargey: Investors continue green card pursuit years after the Potala Tower scandal
Disgraced developer Lobsang Dargey is serving a four-year sentence at a federal detention center in Oregon as the 150 Chinese nationals...
Future of travel: PA Turnpike Commission to study impact of high-speed rail system
State officials want to know the potential impact of a Hyperloop transportation system in the Commonwealth. A Hyperloop system could...
Philly-to-Pittsburgh hyperloop gets funding for $2 million feasibility study
Hyperloop passenger transport capsule conceptual design rendering. Elon Musk's futuristic vision for hyperloop transit could be in the...
Lawsuit preventing PA Turnpike Commission from paying PennDOT
The Pennsylvania Turnpike Commission is in the middle of a lawsuit with a trucking company over what their toll money is being used for....
Five reasons to support tolls and five reasons to oppose them in Connecticut
There’s a head-on collision in Connecticut over whether to put up highway tolls after a three-decade absence. Lawmakers heard over 10...
CAT faces multi-million dollar shortfall as lawsuit over Pa. Turnpike tolls lingers in court
Capital Area Transit, and transportation groups around the state, are facing a $330 million shortfall so far as funding is held up over...
New Regional Rail Schedules in Effect Sunday, March 10, 2019
New Regional Rail Schedules in Effect Sunday, March 10, 2019 The March schedule changes include adjustments to Weekday train departure...
Mar-a-Lago Massage Parlor Owner Flogging Golden Ticket Visas Like A Common Kushner
Mar-a-Lago's a weird place. Turn over a rock on that golf course, you never know what's going to crawl out. And inside the dining room,...
User Updates
Immigration Leaders Sound Alarm About Possible Demise Of The U.S. EB5 Investor Immigration Program
Foreign investor dollars coming into the U.S. from the EB5 program could be shut off due to a new U.S. regulation unless it is changed, according to leaders of the EB5 community. The American EB5 community's back is up against the wall. A...
Firms Updates
Can a New York developer dig out of this Chicago hole?
Chicago officials want to landmark the two low-rise buildings on this River North site where Symmetry Property Development had planned a condo-hotel tower (inset). A New York real estate developer's wager on River North is turning out to be...
Vermont to release 1.5 million documents on EB-5 fraud case
The State of Vermont has agreed to release 1.5 million pages of documents that could provide more information on years of EB-5 fraud at Jay Peak. The records will be made public as the result of a settlement with the news website VTDigger,...
CanAm Capital Partners Closes Opportunity Zone Investment in Philadelphia
CanAm Capital Partners is helping its former EB-5 visa investors find new investment opportunities. CanAm Capital Partners, an affiliate of CanAm Enterprises, has closed its third private equity investment deal, a $4 million investment in...
5 Common Misconceptions About Green Cards That Could Prove Costly
Liam P. Sweeney, Klasko Immigration Law Partners A foreign national who successfully obtains a green card (known as a lawful permanent resident card) has typically completed a rather arduous journey through the labyrinthine U.S. immigration...
Regional Center Updates
Tom Evslin: The state’s failure in EB-5 By Commentary
Anger and outrage seem to have replaced reason in political dialog. Angry people don’t think well. Politicians know that. Politicians exploit anger. There is a clear and present danger that our next government will be dominated either by...

Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.