EB-5 News & Updates #146 October 03-10

Posts

Did you know? IIUSA Reported Third Quarter Form I-526 adjudication trends
Did you know? IIUSA Reported Third Quarter Form I-526 adjudication trends In this blog, we would like to summarize data on third-quarter 2019 (April-June) I-526 adjudication trends as published by the United States Citizenship and...
For US entry, the rich prefer EB5 over H-1B visa
It's easier to get green card if you go for EB5 visa; more Indians are going for it now Two years after Chennai-based Krish Iyer’s (name changed on request) twin sons went to the US for their higher education, they were ambivalent about...
PropTech is Rising; Can EB-5 Ride the Tide?
By Hermione Krumm, Esq. Real estate technology or PropTech is the new wave in the real estate industry. In 2017 alone, venture investors deployed over $12 billion globally in PropTech start-ups. Some companies, such as Zillow, have...
Wealthy Parents Planning To Invest In The EB5 Visa Program For Their Children’s Future
Wealthy parents from around the globe are planning, years in advance, to invest in the EB5 visa program for their children’s future. Compared to other visa programs such as the F-1 visa or the H-1B visa, the EB5 visa program can offer...
The wealthy are fleeing Hong Kong and bypassing the U.S. to come to Canada instead
Pro-democracy protesters march on a street as they take part in a rally in Causeway Bay district on October 4, 2019 in Hong Kong. The U.S. has traditionally served as an island of safety and security, particularly for the world's...

Updates

Regional Center Updates
Vermont Supreme Court deals blow to state in ruling over EB-5 lawsuit
Jay Peak Resort on Friday, June 7, 2019.  Vermont’s highest court has reversed a decision in an EB-5 investor lawsuit against the state commerce agency.  The state Supreme Court decision issued Friday allows investors to proceed with...
Supreme Court allows investors to sue state over Jay Peak
The Vermont Supreme Court ruled Friday to allow a group of foreign investors to seek negligence and breach of contract claims against the state for allegedly failing to provide sufficient oversight of projects at the Jay Peak ski resort that...
EB-5 investors win Vt. Supreme Court appeal
A group of foreign EB-5 investors that lost money in the Kingdom Con scandal have won an appeal to the Vermont Supreme Court. The high court Friday reversed a ruling that had tossed out their lawsuit alleging the state-run Vermont Regional Center...
VT Supreme Court: State government can't duck liability in Jay Peak EB-5 fraud
Stowe brewery that made its name with Heady Topper pays tribute to the importance of bees in our food system and the need for renewable energy Brent Hallenbeck The Vermont Supreme Court has revived a lawsuit against state...
EFCC arraigns U.S. citizen over $388.838 green card fraud
An American national, Marco Antonio Ramirez, was yesterday arraigned before Justice Mojisola Dada of an Ikeja Special Offences Court, Lagos for allegedly defrauding Nigerians of $388,838.88 in a United States green card scam. Ramirez was...
EFCC arraigns American for defrauding Nigerians
The Economic and Financial Crimes Commission (EFCC) yesterday re- arraigned an American, Marco Ramirez, at the Special Offences Court, Ikeja, Lagos for allegedly defrauding Nigerians in a green card scam. EFCC alleged that Ramirez was a...
Project Updates
Steel mill owned in part by mayor’s son wins $4.9 million subsidy, no questions asked
Backers of a planned “micro” steel mill powered by electricity near Homestead: Gustavo Lopez, left, Julio Gimenez, center, and Leroy...

Events

EB-5 Immigrant Visas – From $500,000 to $900,000 and other upcoming changes that may affect your clients

14501 Grove Resort Avenue, Winter Garden, FL 34787, Winter Garden, US 10/17/2019 6:00PM - 8:00PM (Eastern Daylight Time)

Rusten C. Hurd is a founding shareholder at Colombo & Hurd, PL, a law firm dedicated to U.S. immigration. In over two decades of legal practice, Mr. Hurd has garnered extensive experience representing clients from throughout the world with all typ...

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