EB-5 News & Updates #133 July 04-11

Posts

Trump shouldn’t go through with Obama-era rollback of EB-5 investment visas
President Trump has the economy firing on all cylinders, except for one. Less regulation? Check. Lower taxes? Check. Historically low unemployment? Check. But good trade relations? Not even close. Although Trump has done a lot of good,...
100 GOP Reps Back Fast-Track Citizenship for Chinese Investors
The House will vote as early as Tuesday on a bill that would give wealthy Chinese lenders a fast-track to American green cards and citizenship. Democratic Rep. Zoe Lofgren’s bill — The Fairness for High Skilled Immigrants Act...
SA's super rich taking their wealth overseas ASAP - immigration expert
In the current economic climate, South Africans are hedging their bets by investing abroad and by acquiring a second citizenship or residency overseas at an unprecedented rate, according to Andrew Rissik, group commercial director at...
Bill to scrap per-country green card cap passes House with bipartisan support
Bay Area Congresswoman's bill must still pass Senate The paperwork Gautam Aggarwal has had to deal with concerning his green card in his home in Sunnyvale, Calif. on Wednesday, May 7, 2008. Aggarwal can’t accept a promotion/raise or...
With EB-5 Program Regulatory Reform on Horizon Selecting a Reputable EB-5 Regional Center Now Matters More Than Ever
The Office of Management and Budget (OMB) has completed its review of the EB-5 Immigrant Investor Program Modernization final regulation. “The track record can be a good indicator when assessing the experience of EB-5 regional centers....

Updates

Firms Updates
CMB's Thoughts on OMB Finalizing Their Review of EB-5 Modernization Regulation, Changes to Come
The United States Citizenship and Immigration Services (USCIS) first published the proposed new rules for the Immigrant Investor Program Modernization in January 2017. After a period of public comment the USCIS on February 22,...
Penn-Florida scores $225M construction loan for Mandarin Oriental condos in Boca
Madison Realty Capital CEO Josh Zegen, Penn-Florida Companies CEO Mark Gensheimer, and the Mandarin Oriental in Boca Raton The loan is in addition to nearly $400M in financing the developer secured in 2017 Penn-Florida Companies secured a $225...
Project Updates
What's The Plan For The 'Pit' In The Middle Of Newport?
This month on Brave Little State, we head to the Northeast Kingdom to answer a listener question about a stalled redevelopment project....
USIF schedules foreclosure auction for 125 Greenwich debt
Nick Mastroianni and the tower at 125 Greenwich Street  United States Immigration Fund, led by Nick Mastroianni, signalled its...
FiDi Supertall Condo at 125 Greenwich Street Is Headed for a UCC Auction
EARLY CONSTRUCTION ON THE 88-STORY RESIDENTIAL CONDOMINIUM AT 125 GREENWICH STREET.  The troubled debt on the 125 Greenwich...
Silverstein in Negotiations to Step in at 125 Greenwich Street
125 GREENWICH STREET.  The ownership partnership at 125 Greenwich Street is in the midst of negotiating a few potential...
User Updates
Foreign Investor Immigration Stampede Expected As U.S. EB5 Investment Requirements Rise
The U.S. government is about to publish a new regulation increasing EB-5 investment requirements that investor immigrants will need to meet in coming to America.  No Secret It is no secret that we are on the verge of the publication of a new...
Quiros’ house in Newport latest sale as receiver keeps moving Quiros’ assets
The home owned by Ariel Qurios at 986 Lake Road in Newport is under contract for $290,000.  The Vermont real estate holdings of the indicted former owner of Jay Peak continue to shrink as the person now overseeing those properties says he...
Wealthy Koreans are heading out
Another good reason to consider CN Global insight with South Korean associates for EB-5 funded projects. Wait times are normal at 2.4 years. Demand is on the rise, as Korean people are trying to join in. Wealthy Koreans are migrating in...

Events

2019 EB-5 Expo Los Angeles

JW Marriott L.A. Live 900 W Olympic Blvd, Los Angeles, CA 90015 , Los Angeles, US July 18-19 9 am in the morning to 4:40 pm Los Angeles time

This event attracts a globalized community of stakeholders from traditional and emerging EB-5 markets, including China, Vietnam, India, Brazil, South Korea, and the UAE. Our educational panels moderated by industry experts provide valuable insight...

Free

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