EB-5 News & Updates #331 April 27 - May 04

Projects

Group 84 - Hillwood Daytona BTS
The Project consists of a class-A, light industrial facility to be constructed on 110.96 acres of land in Daytona Beach, Florida. The Project is to be constructed off S. Williamson Blvd., east of the intersection of Bellevue Avenue and S. Williamson Blvd. in Volusia County, Florida. The Project...

Posts

Increased benefits and demand for EB5 Investment Visa; All you need to know by Ruth Obih, Lawyer & EB5 EXPERT
In 1990, under the Immigration and Nationality Act (INA), the U.S. Congress created the fifth employment-based preference (EB5) immigrant visa category for qualified foreign investors seeking to invest in a business that benefits the...
Houston EB-5 expected in Nigeria with new opportunity for immigrant investors
  It is pretty good news as Houston EB-5, in the next few days, will be coming to Lagos, Nigeria. The expectation is that the trip to this city-the country’s commercial nerve center and home of real estate will present a new...
How Filipinos can live, work, and study in the USA through residence by investment
    By investing in another country, Filipino citizens can receive alternative residence rights as well as a host of benefits such as enhanced global mobility, access to top-ranking educational institutions, world-class...
‘This will hurt’: Miami’s real estate community fears impact of DeSantis-backed bills
  Limiting the buying power of foreign nationals from seven countries would weaken South Florida’s real estate market, experts in Miami’s real estate community said in criticizing legislation backed by Gov. Ron DeSantis. The Miami...
All about the US EB-5 Program
  Skilled professionals seeking permanent residency in the United States need look no further. The EB-5 Immigrant Investor Program, the U.S. golden visa equivalent, is a viable option allowing skilled professionals to live and work...
Ritz-Carlton Palm Beach Gardens developer scores $340M construction loan
  The developer of the Ritz-Carlton Residences, Palm Beach Gardens, scored $340 million in construction financing for the project, marking the largest such loan to close this year statewide.  Dan Catalfumo’s Catalfumo...
May 2023 U.S. Immigration Alert
  1. USCIS Releases FY2024 H-1B Initial Registration Period Updates On April 28, USCIS announced that it received 780,884 registrations for the FY2024 H-1B initial registration, resulting in an approximate 14% chance of selection,...
Prosecutors fire back at Bill Stenger, saying he missed his chance to strike $250K restitution order
  Federal prosecutors say Bill Stenger should have acted sooner and missed his chance to challenge a $250,000 restitution order in the largest fraud case in Vermont history. Stenger submitted paperwork last month, contending...
Pacific Western Bank ponders possible sale
  Pacific Western Bank may be up for sale. Pacific Western Bancorp, a struggling Beverly Hills-based bank and commercial real estate lender, has looked at a range of strategic options that include a sale, Bloomberg...

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