EB-5 News & Updates #332 May 04-11

Posts

Updates from USCIS Immigrant Investor Program (EB-5) Stakeholder Engagement Call on April 25, 2023
  On April 25, 2023, U.S. Citizenship and Immigration Services (USCIS) hosted a stakeholder engagement webinar regarding the Immigrant Investor Program (EB-5), during which they discussed regulations being drafted to comply with...
Defrauded Jay Peak investors in line for payments to cover about 22% of their losses
  Sixty million of the $76 million winning bid to buy Jay Peak ski resort will go to foreign investors who lost money in a financial scandal that rocked the state. That’s according to a recent filing from Michael...
EB-5 Visa Program Becoming More Popular Than H-1B Visa
  Strict conditions to benefit from H-1B visas are leading a large number of foreigners to turn their eyes to the EB-5 program. A report in the Times India shows that uncertainties noted in the Person in Specialty Occupation...
US Green Card Program: Why now is a great time to apply for EB-5 visa?
    For generations, the economies and cultures of the United States and India have been intertwined. Immigrating Indians have helped to make the U.S. a global leader in such fields as science, medicine and technology, while...
Why Chinese Money Is Heading for Small-Town America
  Changes to the EB-5 immigration system have encouraged wealthy Chinese people to invest in out-of-the-way places. Fifty miles outside of Atlanta, Georgia, in a small town with a hardware store, cemetery and red-brick church, a...
How Indonesians can Live, Work and Study in the USA through Residence by Investment
  By investing in another country, Indonesian 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 healthcare,...
‘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...
US EB-5 applications faster in processing?
  With rising demand for the US EB-5 program, industry experts expect processing times to speed up soon. “Since the US government is prioritising the hiring of additional staff in response to the current backlog of pending...
H1B Visa Holders In US Can Apply For EB-5 Visa; Here’s How!
  Recently, many employees from large US tech companies like Amazon, Twitter, and Google underwent significant layoffs. This situation left many H1B visa holders uncertain about their future. During these uncertainties, experts saw...
Florida law restricts foreigners’ real estate buying power. We explain how
  A strongly criticized new Florida law restricts the real estate buying power of foreigners from seven countries, a startling move for Miami’s global property market. The legislation Gov. Ron DeSantis signed into law...
Bolstered By USCIS Data, AIIA Bets On New Web Tool To Predict EB-5 Visa Waits
By Mona Shah, Esq. and Rebecca S. Singh, Esq. Filling a gap widened by U.S. Citizenship and Immigration Services (“USCIS”) and its continual obfuscation on delivering actionable guidance, the American Immigrant Investor...

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