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EB-5 News & Updates August 24-31

EB5Projects.com Events

EB-5 Visa & Immigration Issues for Persian Investors in Farsi

Miami, Miami, US 09/14/2017 1:00PM - 2:00PM (Eastern Daylight Time)

Conversation about News & Events in the EB-5 Industry with Analysts, Experts and Newsmakers. Questions can be made by calling: +1-917-421-9919 or by video here with a Chrome browser   See more here : https://eb5projects.com/updates/po...

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Projects

Professional Center at Riviera...
Located in the city of Miramar, Florida at 7971 Riviera Blvd. This was our first project financed through the EB-5 Visas. It is an office complex of approximately 73,000 square feet comprehensive of two buildings of 4 stories each. Through this project, 34 foreign families obtained their...
BLOCK 40
It is located at the site of the historic Great Southern Hotel on Young Circle in the vibrant downtown Hollywood community. BLOCK 40 will be a 19-story, mixed-use development consisting of 166 residential units, a 103-room hotel (Hilton Garden Inn) with a nationally recognized restaurant, and...
Marriott Montclair (The “MC Ho...
Amenities: Rooftop Bar with Views of Manhattan Restaurant Conference and Event Space Fitness Center Public Art Atrium and Plaza Market: First Hotel in Montclair Adjacent to New Mixed-Use Property Offering 258 Apartment Units, Retail, and Office Montclair State University (>20,000 Students)...
Hyatt House Hotel
Amenities: Urban/Contemporary Design Rooftop Pool + Restaurant/Bar Breakfast Dining Area Lounge Meeting Space Outdoor Patio + BBQ Area Fitness Center LAX Shuttle Services Valet Parking Los Angeles International Airport: Undergoing $14B Modernization One of the Busiest Airports in the World (75M...

Posts

The RAISE Act – Legal Immigration Faces Challenges
In early August, President Trump voiced support for a bill introduced earlier this year by Senators Tom Cotton (R-AR) and David Perdue (R-GA) to effectively overhaul the current immigration system. The Reforming American Immigration for...
Green card lottery winners file lawsuit over US visas
The US State Department is being sued for failing to process US visa applications for thousands of nationals from six Muslim-majority nations, who won the green card lottery, prior to President Donald Trump’s temporary travel ban being...
Spurt in Indians using investors' visa for US entry
Rich Indians are opting for the EB-5 programme to cut through the line for permanent residency As the US government’s clampdown on temporary work visas used by information technology professionals continues to make news, the number of...
Relevant points to Senators new Immigration Bill and President Trump’s point of view
The Reforming American Immigration for Strong Economy Act (RAISE) Act would replace our current immigration system with a point based system. Senators Tom Cotton and David Perdue introduced this act with the support of President Trump....

Updates

Regional Center Updates
The Deeper Dig: The week in EB-5
Mike Smith, host of “Open Mike with Mike Smith” on WDEV. Since 2014, VTDigger has investigated allegations of fraud at Jay Peak Resort and related developments in the Northeast Kingdom. This week, we reported on two new steps toward the...
Future of EB-5 in Vermont moves toward resolution
Sen. Patrick Leahy and Jay Peak developer Bill Stenger. The announcement this week that Ariel Quiros would no longer fight federal fraud charges signaled a key breakthrough in the case against the Jay Peak developer who is accused of running a...
Democratic candidate for U.S. House disputes no-jail sentence in EB-5 case
A retired state judge running for Congress wants to know why an Aberdeen man wasn’t sentenced to prison last winter. Joop Bollen pled guilty to unauthorized disposal of personal property subject to a security interest. He had taken $300,000 from...
Is there a future for EB-5 investment in Vermont?
Michael Goldberg announces a settlement with the financial firm Raymond James which will pay contractors and investors owed money in the Jay Peak and Burke Mountain EB-5 projects at the Statehouse in Montpelier on Thursday, April 13, 2017....
User Updates
A brand-name hotel is moving into the old Markham building — and that’s not all
The old Markham Hotel in downtown Gulfport will be developed under a franchise agreement with a major brand. The building, which has been empty since Hurricane Katrina in 2005, sits across from the Mississippi Aquarium now under development. The...
EB-5 Financing Lawyer: What JMBM Does to Help Developers With EB-5 Construction Financing
Focus on helping developers Client confidentiality precludes us from listing clients and projects we have assisted with this program, but suffice it to say that some of the best known names in the business are tapping into this funding source to...
USCIS Discusses Guidance on Form I-924A for FY 2017
On Aug. 24, 2017, USCIS hosted a webinar to provide guidance on Form I-924A for the fiscal year 2017. Form I-924A is used by regional centers to demonstrate continued eligibility for regional center designation. Regional centers that remain...
Quiros can use IRS refund on taxes, $15,000-a-month expenses
A federal judge is letting Jay Peak owner Ariel Quiros use a nearly $1 million tax refund to pay his $15,000-a-month living expenses as well as taxes and other bills for his properties not under receivership. Quiros last week agreed not to...
Project Updates
EB-5 scandal haunts former Global Aquaponics officer
Minnehaha County Emergency Management assistant director Doug Blomker discusses qualifications for police reserve officers. A key player...
SMI extends the deadline for financing for Central Park Tower
For the third time, Shanghai Municipal Investment, a key equity investor in Extell Development’s Central Park Tower project, has given...
Renzo Piano’s 565 Broome Soho is halfway to the top
The dual-tower project will eventually stand 30-stories tall The Renzo Piano-designed dual-tower condo project is continuing to make its...
Delshah close to securing $130M construction loan for 30 Morningside
30 Morningside Drive and Michael Shah Michael Shah would contribute $123M to the five-building development, TASE documents show Michael...
Kushner files plans for 250-foot-tall residential complex in DUMBO
Kushner files plans 250 foot residential complex in DUMBO. Image: 85 Jay Street today is a parking lot. Real estate developer Jared...
Mount Snow eyes growth amid EB-5 cloud
Federal and state officials differ on approach to shutdown of regional center Despite Vermont’s big problems with EB-5, the foreign...
Firms Updates
USCIS Announcement: Expansion of In-Person Interview Requirements for Certain Permanent Residency Applicants
On August 28, 2017, USCIS made an announcement stating that they will begin to “phase-in” interviews for employment-based cases effective on October 1, 2017. The announcement stated that “adjustment of status applications based on employment”—...

Events

EB-5 Visa & Immigration Issues for Persian Investors in Farsi

Miami, Miami, US 09/14/2017 1:00PM - 2:00PM (Eastern Daylight Time)

Conversation about News & Events in the EB-5 Industry with Analysts, Experts and Newsmakers. Questions can be made by calling: +1-917-421-9919 or by video here with a Chrome browser   See more here : https://eb5projects.com/updates/po...

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