EB-5 News & Updates #157 December 19-26

Posts

Congress passed a FY2020 spending bill that extends the EB-5 Regional Center Program through September 30, 2020
IIUSA reported that yesterday, Congress passed a FY2020 spending bill that funds the federal government and extends the EB-5 Regional Center Program through September 30, 2020. Please note that the new regulations which became effective...
A Christmas Present for the Economy
Nothing significant is going to happen this year on most issues. Both conservative Republicans and progressive Democrats support changing the status quo, yet they have radically different solutions on almost every issue.  It is not...

Updates

Regional Center Updates
USCIS announced that it would only accept the new Form I-924A starting December 6, 2019
  News from Carolyn Lee.   EB-5 Alert  December 6, 2019 New Form I-924A for FY2019 Effective Today On November 21, 2019, USCIS announced that it would only accept the new Form I-924A starting December 6, 2019. This is an abrupt...
MCFI's Maryland Live Casino EB-5 project updated NEWS - CORDISH, LIVE! CASINO & HOTEL AND THE ANNE ARUNDEL COUNTY LDC PRESENT $18.8 MILLION IN LOCAL IMPACT AND COMMUNITY GRANTS FOR FISCAL YEAR 2020
The Cordish Companies, Maryland Live! Casino & Hotel and the Anne Arundel County Local Development Council Present $18.8 Million in Local Impact and Community Grants for Fiscal Year 2020 Total Funds Disseminated by the LDC over...
User Updates
USCIS announced that it would only accept the new Form I-924A starting December 6, 2019
  Updated news from Carolyn Lee EB-5 Alert  December 6, 2019 New Form I-924A for FY2019 Effective Today On November 21, 2019, USCIS announced that it would only accept the new Form I-924A starting December 6, 2019. This is an abrupt...
EB-5: Status Update
For the past 4 weeks, the EB-5 industry has been anxiously awaiting the status of the pending complaint filed in the United States District Court in the District of Columbia by a Florida regional center against USCIS and other related parties in...
Project Updates
Lawsuit alleging kickback scheme set to be first EB-5 case to go to trial
The Hotel Jay and Conference Center at Jay Peak Resort.  A lawsuit alleging a “kickback” scheme involving an attorney who brought...
Kingdom Con defendants want trial moved; point to news coverage
Defendants in a multimillion-dollar fraud case in Northern Vermont want a federal judge to change where their trial will be held. They...
Political connections taint EB-5 criminal case, defense attorney says
Ariel Quiros arrives outside federal court in Burlington for his arraignment on charges pertaining to the EB-5 fraud case on Wednesday,...
Defense Asks For Delay In EB-5 Case; Parties Argue Over Venue
The defense for three men facing major federal fraud charges stemming from the EB-5 investment case in the Northeast Kingdom, told a...
MCFI's Maryland Live! Casino project NEWS update - CORDISH, MARYLAND LIVE! CASINO & HOTEL AND THE ANNE ARUNDEL COUNTY LDC PRESENT $18.8 MILLION IN LOCAL IMPACT AND COMMUNITY GRANTS FOR FISCAL YEAR 2020
CORDISH, LIVE! CASINO & HOTEL AND THE ANNE ARUNDEL COUNTY LDC PRESENT $18.8 MILLION IN LOCAL IMPACT AND COMMUNITY GRANTS FOR FISCAL...

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