EB-5 News & Updates #120 April 04-11
Posts
 | End Obama's midnight regulation attacking merit-based immigration | |
| The rancor in Washington over how to deal with illegal immigration is understandable given conflicting attitudes about labor markets, rule of law, crime, and other issues. What’s harder to understand, though, is why anyone would object... | ||
 | System is ‘broken,’ Bay Area immigration attorney tells real estate professionals | |
| At “Understanding Silicon Valley Immigration,” a program hosted by the Global Business Council of the Silicon Valley Association of Realtors, Realtors listened intently as immigration attorney Sophie Alcorn explained today’s intricate... | ||
 | Chinese take a shine to Europe’s investor immigrant schemes, as waiting list for US programme stretches to 10 years | |
| Supporters of US President Donald Trump rally for the president during his visit to see the controversial border wall prototypes on March 13, 2018 in San Diego, California. The border visit is Trump’s first trip to California since... | ||
 | ‘Our country is full’: Donald Trump says migrants are straining US system as he visits border wall | |
| ‘It’s a colossal surge, and it’s overwhelming our immigration system. We can’t take you anymore’ US President Donald Trump visits a refurbished section of the border wall with Mexico in Calexico, California, on Friday. Photo: AP... | ||
 | Diffuse the Obama-Era EB-5 Immigrant Investor Time Bomb | |
| President Trump’s advisers have an opportunity to protect him from a time bomb set to go off soon, and they can benefit the U.S. economy at the same time. All they must do is put a stop to an Obama-era regulation that would undermine... | ||
 | GUEST COMMENTARY: Diffuse the Obama-era EB-5 Immigrant Investor time bomb | |
| President Donald Trump’s advisers have an opportunity to protect him from a time bomb set to go off soon, and they can benefit the U.S. economy at the same time. All they must do is put a stop to an Obama-era regulation that would... | ||
Updates
Firms Updates | ||
 | Current EB-5 Processing Times | |
| Currently, the average processing time for an I-526 petition ranges from 20.5 to 27 months, as shown in the screenshot from USCIS website below. For cases filed with an receipt date of January 29, 2017 or earlier that remain pending with USCIS,... | ||
 | South Bay pair gamed EB-5 visa program for millions in profit from wealthy investors, feds say | |
| Construction is underway on the Mission Hills Square development in Fremont. The housing and retail project was one piece of a fraudulent scheme by two South Bay residents to profit off of an immigration program that provides a path to... | ||
User Updates | ||
 | CN Global Partner and the new BMO Bank Tower EB-5 Milwaukee | |
| The First Pathway Partners BMO EB-5 project is now over 30% complete. BMO Harris Bank and a host of other tenants, will eventually rise 328 feet at 25-stories. CN looks forward to its continued marketing efforts in Seoul Korea. Korean market is... | ||
 | Shumlin, in court filing, rebuts ‘dirty hands’ claim in Jay Peak case | |
| Ariel Quiros, left, whispers to Gov. Peter Shumlin at a press conference at Jay Peak Resort. Former Gov. Peter Shumlin, who is among a handful of a state officials resisting being grilled by attorneys for EB-investors, has submitted a court... | ||
 | Shumlin, in court filing, rebuts ‘dirty hands’ claim in Jay Peak case | |
| Gov. Peter Shumlin answer questions at a news conference in Jay, Vt., on April 27, 2016, as attorney Michael Goldberg listens. Goldberg has been appointed by a federal court in Miami to resolve an alleged $200 million "Ponzi-like" scheme... | ||
 | Judge OKs insurance payments of more than $1 million to Quiros and Stenger | |
| Ariel Quiros at a groundbreaking for AnC Bio Vermont in May 2015. Afederal judge has signed off an a settlement that will provide a $837,500 insurance payout to Ariel Quiros, the former owner of Jay Peak who federal regulators said was the “... | ||
Project Updates | ||
 | Bank to seize indicted developer’s Palm Beach mansion after auction fails | |
| The oceanfront mansion of developer Robert V. Matthews, who was indicted by a federal grand jury in 2018, will be taken by a... | ||
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