EB-5 News & Updates #132 June 27 - July 04
Posts
 | Wise Business Plans Announces Expanded Support Options for EB-5 Visa Investors | |
| Wise Business Plans, which creates custom plans for new and expanding businesses across the globe, is pleased to announce it now offers a full slate of business planning and support services to EB-5 Visa investors. Wise Business Plans... | ||
 | OIRA Conclusion of EO 12866 Regulatory Review | |
| RIN: 1615-AC07 View EO 12866 Meetings Received Date: 02/22/2019 Title: EB-5 Immigrant Investor Program Modernization Agency/Subagency: DHS / USCIS... | ||
Updates
Project Updates | ||
 | EB-5 lawsuit settled in South Dakota Supreme Court | |
| A lawsuit stemming from the EB-5 program has ended with a settlement. The company that provided more than $30 million to build the... | ||
 | A Walk Through Hudson Yards, The New York Playground For A Select Few | |
| Hudson Yards exists as a reminder of the stark socioeconomic disparities that exist in the city and of how gentrification continues... | ||
 | EB-5 Funded Hollywood Circle Tower Gets $125 Million End Loan | |
| Chip Abele is the developer of Hollywood Circle and founding partner of Gold Coast Florida Regional Center. More than half of the... | ||
 | Senior lender files to foreclose on 125 Greenwich | |
| From left: Davide Bizzi, Howard Lorber and 125 Greenwich The development team -- which includes Davide Bizzi and Howard Lorber -- was... | ||
 | Developers Of Financial District Condo Skyscraper Facing Foreclosure | |
| 125 Greenwich St. as of October 2018 The companies behind a luxury condominium in the Financial District missed loan repayments and are... | ||
Firms Updates | ||
 | OMB Completes Review of Obama-Era EB-5 Regulations | |
| Today, OMB posted that they have concluded their review of the Obama-era EB-5 regulations. On Jan. 13, 2017, the Department of Homeland Security published a notice of proposed rulemaking to significantly raise minimum investment levels and... | ||
 | H-1B vs EB-5 visas: Untangling the confusion | |
| Two popular programs that allow employment are the H-1B program and the EB-5 visa. Many of us have heard of – or know someone hired through – the H1-B visa program, which encourages employers to temporarily bring in international talent. But the... | ||
 | 5 Hotels Under Construction In Houston | |
| Houston is ranked fifth in the U.S. for most hotel product under construction. According to JLL's 2019 Construction Outlook Report, the Bayou City has 4,576 rooms underway — 3% of the national pipeline. Meanwhile, industry experts warn... | ||
 | Where CA Investments Are Going and Staying | |
| Michael Halloran, founder and CEO of NES Financial, recently shared insights on opportunity zones. More investment activity is starting from New York and Florida, however, that gap will close as California investors get added clarity about... | ||
User Updates | ||
 | EB-5 reg nears publication | |
| On June 27, 2019, the regulation for EB-5 Immigrant Investor Program Modernization (RIN: 1615-AC07) completed OMB review (Step 8 in the rulemaking process). This advances the rule toward the final rule-making step: publication in... | ||
 | When it comes to Opportunity Zones, there are lessons to be learned from EB5 | |
| There are many similarities between the EB-5 Immigrant Investor Visa Program and the Qualified Opportunity Zone Program. With both, the federal government provides an added inducement for investors to finance qualifying projects. Additionally,... | ||
Regional Center Updates | ||
 | Chinese investors seeking green cards claim Silicon Valley businesswoman scammed more than $45 million | |
| Superior Court of California in downtown San Jose, Calif., on Monday, July 1, 2019. Dozens of Chinese citizens who handed over more than a half-million dollars each to a Santa Clara County businesswoman as investments that would qualify... | ||
Litigation Cases
| Chinese Investors vs Golden California Regional Center | ||
Questions
Videos
Pennsylvania Turnpike Construction explained
June 15, 2017
Sen. Patrick Leahy, D- VT, answers questions about EB5 fraud allegations surrounding Jay Peak resort owner Ariel Quiros and President and CEO Bill Stenger.
February 23, 2017
EB-5 TEAs: What to Know in 2017
August 11, 2017
Tradepoint Atlantic Brand Video
March 06, 2018
The Future of Pennsylvania Turnpike
June 15, 2017
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