EB-5 News & Updates #193 August 27 - September 03

Posts

Quick Answers To 5 Common EB-5 Questions
Here are the answers to a few of the most frequently asked EB-5 questions. 1.What is the minimum investment amount for an EB-5 visa? The EB-5 Program requires an applicant to make a capital investment of $900,000 in a project located in...

Updates

User Updates
I-526 Processing Time Report Update (country-specific)
The USCIS processing times report now offers three “estimated time range” sets for Form I-526: one for China mainland-born investors, one for other-area investors, and one for an unidentified third category. The report does not update...
The Impact of SEC's Expanded Definition of "Accredited Investor" on EB-5 Offerings
Last week, the Securities and Exchange Commission (SEC) expanded slightly who can qualify as "accredited investors." Many EB-5 issuers use securities registration exemptions that allow subscription and even solicitation of investors in the U.S....
Printing Delays for EADs Lead to I-9 Flexibility
The Klasko Litigation Team, led by Ron Klasko and Dan Lundy, successfully litigated a case in federal court with far reaching implications to EB-5 investors and project developers. This blog explains the significance of the firm’s victory in...
Project Updates
Lease on Miami Beach's Astor Hotel lists for $12M
The owner of Hotel Astor, at 956 Washington Ave. in Miami Beach, filed Chapter 11 to stay an eviction lawsuit. The lease on the 42-room...
US real estate pain leaves foreign investors in the lurch
Roughly 2,000 EB-5 investors poured US$1 billion into Hudson Yards through deals under EB-5, a programme meant to promote investment in...
Coliseum again at crossroads
The Nassau Veterans Memorial Coliseum on June 16, 2020.  We've been down this road before. A new tenant for one of Long Island's...
U.S. real estate pain leaves foreign investors holding the bag
Hudson Yards stands without visitors in New York, U.S., on Wednesday, April 8, 2020. Anthony Fauci, director of the U.S. National...
Town rejects push by Burke Mountain ski resort to cut its property tax bill by 40%
Burke Mountain Hotel and Conference Center in East Burke.  The town of Burke has rejected the Burke Mountain ski area’s request to...

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