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EB-5 News & Updates February 15-22

Projects

Monte Elvira
The proposed Project is located at the 208 acre Finca Monte Elvira located in the expanding urban ring of the Municipio de Coamo. It is an integral part of a comprehensive plan scheduled for 2018 to build up to 650 affordable homes, 110,000 sft of retail commercial sites (4) with offices and...

Posts

EB-5 Investor Immigration Program Faces New Challenges From Kushner's Involvement
Jared Kushner, White House Senior Adviser and son-in-law of U.S. President Donald Trump, listens during a meeting between President Donald Trump and congressional members in the Cabinet Room of the White House February 13 in Washington,...
Veronique de Rugy: U.S. 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,...
Mueller Probing Kushner’s Attempts to Finance 666 Building
CNN reports that one of the key things Mueller and his investigators are looking into is Jared Kushner’s attempts to secure new financing for his family’s flagship, debt-ridden property at 666 Fifth Avenue. They paid almost $2 billion...

Updates

Firms Updates
Miami investors score EB-5 funding for charter school in south Miami-Dade
Investors paid 469k for the 3-acre lot last year Rendering of AcadeMir Preparatory School Academy Investors Mario and Ramon Castellanos just scored $5.5 million in EB-5 funding to build a charter school in south Miami-Dade, property records show....
Next Steps for EB-5 Investors in 550 Seabreeze | Los Olas Resort Project
An EB-5 immigrant investor visa is normally appealing to wealthy foreign individuals seeking a permanent residency in the United States. However, investing in the wrong EB-5 can have catastrophic consequences for investors. This includes the risk...
Project Updates
Lucky Dragon now in Chapter 11 bankruptcy
Less than a year and a half after it opened, the Lucky Dragon is in bankruptcy. Lucky Dragon developer Andrew Fonfa pushed the...
After Vermont fraud, EB-5 investors can bring their money to Harry Macklowe
Harry Macklowe, One Wall Street and Jay Peak Developer already raised $186M from EB-5 investors at 1 Wall Street Dozens of foreign...
Kaskaskia developers spread their wings
A large rendering of the Kaskaskia Hotel is displayed in the window of the Maytag building at First and Joliet streets, La Salle, about...
User Updates
What’s Next for the EB-5 Program?
Congress recently passed and President Trump signed a comprehensive two-year defense spending budget agreement for fiscal years 2018 and 2019 to prevent an extended federal government shutdown. The legislation also contained a shortterm...
Mexican real estate investors focus on South Florida amid heated presidential race
From left: Rodrigo Azpurua, Veronica Cervera Goeseke, Diego Arnaud In the last two months, Diego Arnaud of Aventura-based DA Luxury Realty has spotted a noticeable increase in sales activity among his clients from Mexico, who account for nearly...

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