EB-5 News & Updates February 08-15

Posts

Chicago's Star-Powered Sandwich Joint Preps for Growth
Food Network Star Jeff Mauro and Kevin Corsello didn't cut any corners in developing Pork & Mindy's, a Chicago fast casual ready to grow. s the season 7 winner of Food Network Star, Jeff Mauro could have slapped his name on the...
More Indians prefer US EB-5 visa route with assured migration, Green Card
A large number of Indians are queuing up to invest in businesses in the US through the EB-5 Investor Visa which assures migration with a quicker eligibility for acquiring the Green Card. In the past four years or so, the number of high...
For Asian ‘investors’, EB-5 visa opens doors to El Dorado
With fluctuating H-1B visa concerns, more Asian ‘investors’ are taking the EB-5 visa route to the US. The Chinese are way ahead of others but Vietnamese and Indians are also increasingly flocking to America which, they think, is their...
Why Congress must reform immigration
If PresidentTrumpis serious about wanting to shape immigration policy to be part of his plan to make American great again, there is at least one category of immigrant he should urgeCongressto expand — the EB-5 visa program. EB-5...
The EB-5 Visa—Understanding the Foreign Currency Control Challenges
The EB-5 program was implemented in 1990 as a program to provide legal permanent residence status to investors who invest $500,000 or $1 million (depending on the geographical area) in a business that creates employment for 10 full-time...
The US should welcome more investor immigrants
There's a deep political divide over how to handle immigration, and clashes over the issue have contributed to two government shutdowns -- albeit one lasting mere hours -- thus far this year. Battles relating to illegal immigration,...

Updates

Project Updates
Moinian Selects Regional Center For 3 Hudson Boulevard EB-5 Funding
Rendering of 3 Hudson Boulevard/ Photo credit: FXFOWLE The Moinian Group has selected George Washington Immigration Group, LLC, as its...
Jay Peak, Burke to go on the market in May
Stateside Hotel at Jay Peak. The ribbon was cut Wednesday afternoon on the last major development at Jay Peak, coming just a few months...
Culinary asks for investigation of prospective owner of SLS Las Vegas
SLS Las Vegas is pictured on Wednesday, May 31, 2017. The Culinary Union has called on Nevada gaming regulators to investigate the...
Receiver’s EB-5 green card plan: From Lake Road to Wall Street
Michael Goldberg at a Statehouse news conference in April. EB-5 investors who lost out on obtaining green cards when a proposed $110...
User Updates
Immigration Debate Begins: Prospects for EB-5 Reform & Reauthorization
Congress nearly averted a shutdown last week, but just missed the mark when Sen. Rand Paul (R-KY) temporarily blocked Senate passage of the fifth – and supposedly final — continuing resolution (CR) of this fiscal year temporarily extending...
Stopgap Spending Bill Ends Second Federal Government Shutdown in Less than a Month
A brief federal government shutdown ended this morning as the House and the Senate passed a Continuing Resolution (the “CR”) which provides a bipartisan budget bill that raises spending caps for two years and funds the federal government through...
Regional Center Updates
FIRE gets $34 million in New Markets Tax Credits
FirstPathway Community Development receives $15 million On Tuesday, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund announced $3.5 billion in New Markets Tax Credits to 73 community development entities...

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