SEC & USCIS Take Action to Stop EB-5 Visa Scheme Committing Fraud

In a coordinated action unprecedented in our industry’s history, the SEC and USCIS have coordinated to stop the activities of Anshoo Sethi and the EB-5 designated Intercontinental Regional Center Trust of Chicago (IRCTC) from continuing to misappropriate funds from overseas immigrant investors in connection with the “A Chicago Convention Center LLC” offering that he and … Read moreSEC & USCIS Take Action to Stop EB-5 Visa Scheme Committing Fraud

OPT extension to cost current STEM workers 175.5 billion in earnings

Updated: November 21, 2014 American Tech Workers Successfully Win Standing to Sue on Alleged Illegal Issuance of STEM-Related Work Authorization Source: Link American workers at a huge hiring disadvantage. * Judge recognizes that OPT foreign-workers are Social Security and Medicare exempt. The Programmers Guild and the Immigration Reform Law Institute, have been denied a preliminary … Read moreOPT extension to cost current STEM workers 175.5 billion in earnings

Industry Reaction to the Cancellation of the Canadian Investment Visa Program

Now that Canada, as of February, has cancelled its Investment Visa Program, we asked U.S. attorneys and service providers involved with the EB-5 Immigrant Visa Program for their thoughts on how this might effect the United States’ program, what lessons could be learned, and what might have went wrong. We received varied responses, here’s their answers: … Read moreIndustry Reaction to the Cancellation of the Canadian Investment Visa Program

Canadian Minister Hints at New Immigrant Investor Program

CanadaVisa.com has reported that Canadian Minister of Citizenship and Immigration, Chris Alexander, was in mainland China last week and spoke there about the future of the recently cancelled Federal Immigrant Investor Program.  Minister Alexander explained that the investor program, which is scheduled to be closed, was no longer serving the best interests of Canada. Moving forward, … Read moreCanadian Minister Hints at New Immigrant Investor Program

Chicago Convention Center Tipster in Lawsuit

We’ve reported several times on the Chicago Convention Center scandal that was brought to a halt by the Securities and Exchange Commis- sion (SEC) in February 2013, an unprecedented action at the time. The project was orchestrated by Anshoo Sethi, who raised $147 million from Chinese investors through the EB-5 Immigrant Visa Program. Come to … Read moreChicago Convention Center Tipster in Lawsuit

EB-5 Investments Hits Social Media

Follow this industry-leading resource on EB-5 projects and investments through your favorite social media outlet The future of EB-5 investing is located at www.eb5projects.com, where investors can find information on EB-5 Regional Center and Direct (Franchise) projects to determine which one is the best investment for you. The site gives you access to independent third-party … Read moreEB-5 Investments Hits Social Media

EB-5 Difference Between Regional Centers and Direct Investments Podcast

In a recent U.S. Immigration Podcast, host Mark Deal interviewed Michael Gibson on how he helps immigration attorneys and their clients sort out and pick the best EB-5 investment by answering this question: What advice do you have for lawyers in helping clients choose among the many EB-5 Regional Centers out there?    In this episode you will hear: … Read moreEB-5 Difference Between Regional Centers and Direct Investments Podcast

USCIS EB-5 Engagement Friday, Dec. 5

U.S. Citizenship and Immigration Services (USCIS) invites you to participate in a stakeholder engagement session on Friday, Dec. 5, from 1-3 p.m. Eastern to discuss the Immigrant Investor Program. This engagement is part of USCIS’ efforts to enhance dialogue with external stakeholders regarding the program, also known as EB-5.  During the first part of this engagement, … Read moreUSCIS EB-5 Engagement Friday, Dec. 5