EB-5 News & Updates #148 October 17-24

Projects

The Allen
Located west of downtown Houston along the Buffalo Bayou, this luxury mixed-use development on Allen Parkway includes a 42-story hotel and condominium tower, a 22-story office building and a retail pavilion. The buildings offer a unique live-work-play experience by engaging the city at the...

Posts

EB5 Investment Amount Increase Goes Into Effect Soon
The EB5 investment amount increase is only 5 weeks away. The EB5 Modernization Regulation will make the EB5 investment amount increase from $500,000 to $900,000 on November 21, 2019. Save $400,000 by investing before the new rule takes...
EB-5 Visa Bulletin For November 2019 Just Released
The EB-5 Visa Bulletin for November 2019 is available now and here’s what it shows. Final Action Dates The final action dates for Mainland China, India and Vietnam have all advanced slightly this month since the Visa Bulletin...
Last chance for the US Investor Green Card before the price increase
Time is running out for South Africans wanting to take advantage of the “Rolls Royce” immigration option – the EB-5 Investor Green Card. Dianne Stewart The EB-5 program’s minimum investment amount is set to nearly double on November...
Deadline Looming To Benefit From Lower Investment Amount For US EB-5 Programme Green Card
Time is running out for those who wish to take advantage of the current, lower investment threshold for foreigners to access a US Green Card through the Immigrant Investor EB-5 Programme. As from 21 November 2019, this amount increases...
EB-5 investors rush in ahead of looming rules change
Alejandro Navia had been getting just a handful of calls each month from potential EB-5 investors for his development projects. A combination of fraud allegations involving the federal visa program and a backlog of green card...

Updates

Regional Center Updates
Receiver ‘hopeful’ for Jay Peak sale in 2020, but warns of ‘significant loss’ for investors
A view up the mountain from the Hotel Jay at Jay Peak Resort this past summer.  The court-appointed receiver overseeing the sale of Jay Peak Resort as it emerges from an investor fraud scandal says he’s “hopeful” a buyer will be found by...
Pretty road for the moment; take it easy, Bernie
  Drifting into this year’s fourth quarter with a pile of summer ODDservations. Well, this is the month to celebrate the completion of the Road to Stowe, a fantastic Route 100 upgrade from I-89 Exit 10 right through the town center on the...
Firms Updates
Developer in Front Royal embezzlement scandal claims he was unwitting participant
Jennifer R. McDonald, left, then-executive director of the Front Royal-Warren County Economic Development Authority, and then-Warren County Sheriff Danny McEathron, right, stand in March on this parcel of land that was said to be the site of a...
EB-5 investors rush in ahead of looming rules change
Investors are targeting EB-5 projects before new rules kick in late next month  Beginning late next month, the minimum required investment amount for projects will be doubled Alejandro Navia had been getting just a handful of calls each...
The EB-5 Regional Center Program is extended through November 21, 2019, CMB Regional Centers Reports
The EB-5 Regional Center Program, which was due to sunset (expire) on September 30, 2019, is now extended through November 21, 2019. As of yesterday, September 28, a Continuing Resolution was passed by Congress and signed by the President to...
Project Updates
Two more EB-5 fraud defendants want federal trial moved
Two more defendants in a multimillion-dollar fraud case in northern Vermont are asking that their trials be moved out of...

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