EB-5 News & Updates #164 February 06-13
Projects
 | The Savoy at Lake City | |
| At The Savoy at Lake City, we are proud to offer all the amenities you’d expect in top-tier Seattle senior housing. Our communal spaces are designed for convenience and comfort, and to foster the thriving sense of community our residents enjoy. Use our resident activity calendar to schedule... | ||
 | Stazione:25 ( Mt. Baker Station ) | |
| Located less than 10 minutes away from downtown Seattle, the project is a 301-unit multifamily apartment building with parking for 217 vehicles and is located adjacent to the Mt. Baker Station on Seattle’s light rail line. Construction is nearly complete and will finish in the summer of... | ||
Posts
 | EB5 Processing Time Updates for the I-526 Petition and I-829 Petition | |
| USCIS has updated the EB5 processing time at the Immigrant Investor Program Office (IPO) for the I-526 Petition (Immigrant Petition by Alien Investor) as well as the I-829 (Petition by Investor to Remove Conditions on Permanent Resident... | ||
 | USCIS RE-PRIORITIZES THE EB-5 ADJUDICATION PROCESS: AN ANALYSIS! | |
| By Mona Shah, Esq & Rebecca S. Singh, Esq. 2020 began with a series of implementations from USCIS, a drastic change from the inaction seen in early through the tail end of 2019. The new Regulations came into effect on... | ||
Updates
User Updates | ||
 | Korean Exodus - Kexodus - gains steam | |
| Another good reason to consider the Korean market and EB-5 program projects. Gains to be made in today’s dynamic & competitive EB-5 market. Consider that Korea has no retrogression & Due to uncertainties of investing in the Korean market,... | ||
 | Kingdom Trail has $1M deal in the works to purchase 240-acre Quiros property | |
| The property Kingdom Trail Association plans to buy on Darling Hill Road in East Burke, near the nonprofit’s winter center. The court-appointed receiver in charge of overseeing many of the real estate holdings of the indicted former owner... | ||
 | I-526 backlog by country and priority date | |
| Last week USCIS announced a process change for I-526 adjudications, replacing the (nominal) first-in-first-out approach with a “visa availability approach” that gives priority to petitioners from countries who have visas immediately... | ||
Project Updates | ||
 | State funds could solve Newport courthouse woes | |
| Vermont Superior Court in Newport. Concerns that Newport’s courthouses are too old and poorly designed for modern judicial work... | ||
 | Quiros, Stenger, Kelly weigh being tried together, or separately, in EB-5 fraud case | |
| The site on Bogner Drive in Newport where AnC Bio Vermont was planned but never built. The attorneys for the developers of a... | ||
 | More EB-5 investors allege fraud at Jupiter development | |
| Harbourside Place in Jupiter EB-5 developer Nick Mastroianni is facing another lawsuit from Chinese investors who poured money into... | ||
 | Former Lucky Dragon Las Vegas Reopens as Ahern Hotel, New Owner Not Betting on Gaming | |
| The Lucky Dragon is no more. The ex-casino is now known as the Ahern Hotel. The failed Lucky Dragon off-Strip casino resort that... | ||
Firms Updates | ||
 | USCIS Adjusts Process For Managing EB-5 Visa Petition Inventory | |
| U.S. Citizenship and Immigration Services today announced a process change for Form I-526, Immigrant Petition by Alien Investor, from a first-in, first-out basis to a visa availability approach. This new operational approach aligns with other... | ||
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