EB-5 News & Updates #152 November 14-21
Posts
 | GOP Sen. Mike Rounds Pushes EB-5 Visa Bill Which Aids Chinese, Indian Migrants, Coastal Cities | |
| South Dakota GOP Sen. Mike Rounds has drafted a bill that would help wealthy Chinese buy citizenship — and would also help steer investment away from the heartland states towards the increasingly wealthy states on the coasts. The... | ||
 | Why this US visa option is so popular among South Africans | |
| Applications for the EB-5 US Investor Green Card Program requiring a minimum of R7.6 million approximately ($500,000) have more than tripled and are up by 346% according to Nadia Read Thaele, director of LIO Global, a specialist firm in... | ||
 | The EB-5 Visa Bulletin for December 2019 Explained | |
| The upcoming EB-5 Visa Bulletin for December 2019 has been released by the Department of State Bureau of Consular Affairs. Here’s an explanation of the key parts of the Visa Bulletin for December 2019: Final Action... | ||
Updates
Firms Updates | ||
 | New EB-5 Program Rules Start November 21: What To Expect | |
| U.S. Citizenship and Immigration Services (USCIS) has made significant changes to the Immigrant Investor Program (EB-5) through their establishment of new EB-5 modernization regulations. The EB-5 program permits individuals to apply for permanent... | ||
 | In-depth Look at USCIS Policy on EB-5 Capital Redeployment by CanAm's Director, In-house Immigration Counsel, Walter S. Gindin | |
| CanAm Enterprises Director, In-house Immigration Counsel, Walter S. Gindin, takes an in-depth look at USCIS policy on EB-5 capital redeployment. EB-5 capital redeployment is one of the most important issues concerning investors today. It... | ||
 | The Department of State (DOS) December 2019 Visa Bulletin Released | |
| In the EB-5 category, China remains with a Nov. 1, 2014, cut-off date; India advances slightly to Jan. 1, 2018; and Vietnam advances slightly to Dec. 1, 2016. The other categories remain current. Referring to the Final Action Dates, following are... | ||
 | Jay Peak receiver takes USCIS to court over green card delays | |
| Michael Goldberg, the court-appointed receiver in the EB-5 fraud case, speaks at a Statehouse news conference April 13, 2017. The court-appointed receiver overseeing Jay Peak and other properties at the center of an EB-5 investor fraud... | ||
User Updates | ||
 | Jay Peak's Stenger asks court to return his passport so he can earn money | |
| Bill Stenger of Newport, Vermont, left, seen leaving federal court in Burlington on Wednesday, May 22, 2019, after pleading not guilty to charges related to a visa-fraud case in Vermont's Northeast Kingdom. Lawyer Brooks McArthur, right, speaks... | ||
 | With new EB-5 program regs going into effect, Grassley goes after bad actors | |
| Federal regulatory updates to the EB-5 Immigrant Investor Program that go into effect on Nov. 21 could receive some additional muscle to knock out bad actors if recently introduced federal legislation is enacted. “I still have concerns about... | ||
 | EB-5 Legislation? | |
| Since 2015, when the last three-year regional center program authorization expired, there’s been much effort to get EB-5 legislation passed. At minimum, we need Congress to put the regional center program on a stable footing by giving it a... | ||
Regional Center Updates | ||
 | Feds seek to keep EB-5 criminal fraud trial in Vermont | |
| Jay Peak developers Ariel Quiros, left, and Bill Stenger were indicted May 22, 2019, in federal court in Burlington. Federal prosecutors say the criminal fraud case against former Jay Peak owner Ariel Quiros and three of his associates... | ||
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