Video and reaction to panel event

Our panel on Monday, titled “Immigration and Less-Educated Workers,” was a success. My thanks to the whole Center for Immigration Studies staff for putting on a good show. Video of my presentation is embedded below. CIS has the rest of the videos — including Amy Wax, Charles Murray, and Steven Camarota — collected here. The … Read moreVideo and reaction to panel event

EB-5 regional center slaps Dermot with lawsuit over Battery Maritime loans

A major New York City EB-5 regional center has filed suit against entities affiliated with Dermot Company for allegedly failing to pay interest on $77 million in loans granted for its planned redevelopment of the Battery Maritime Building downtown. The New York City Regional Center, which manages funds on behalf of EB-5 investors, provided the developer with $77 … Read moreEB-5 regional center slaps Dermot with lawsuit over Battery Maritime loans

Congressional Spending Legislation Containing an Extension for the EB-5 Regional Center Program Passed in the House and Senate

September 28, both the House and Senate have approved short-term federal spending legislation that contains an extension for the EB-5 Regional Center Program.  The legislation extends the EB-5 Regional Center Program through December 9, 2016, with no changes to program policy. In December, following the federal elections, the Congress is expected to reconvene for a … Read moreCongressional Spending Legislation Containing an Extension for the EB-5 Regional Center Program Passed in the House and Senate

Foreign Investor Program Needs an Equity-Inspired Update

On Sept. 30, the U.S. Senate is set to extend the EB-5 visa program, which offers residency to wealthy foreigners (and their families) if they invest in job-creating development projects, with a minimum of $1 million — or $500,000 in rural areas or communities where unemployment is higher than the national average. Since EB-5 was … Read moreForeign Investor Program Needs an Equity-Inspired Update

Milne Calls On Leahy To Answer Basic Questions Related To EB-5 Scandal

U.S. Senate Candidate Scott Milne today asked Senator Leahy to answer questions in light of the developing web of impropriety surrounding the EB-5 scandal. At a press conference in South Burlington, Milne said “it appears our Senator participated in an intimate event with Mr. Leamy and other EB-5 interests in early May of 2014… The … Read moreMilne Calls On Leahy To Answer Basic Questions Related To EB-5 Scandal

Milne Calls On Leahy To Answer Basic Questions Related To EB-5 Scandal

U.S. Senate Candidate Scott Milne today asked Senator Leahy to answer questions in light of the developing web of impropriety surrounding the EB-5 scandal. At a press conference in South Burlington, Milne said “it appears our Senator participated in an intimate event with Mr. Leamy and other EB-5 interests in early May of 2014… The … Read moreMilne Calls On Leahy To Answer Basic Questions Related To EB-5 Scandal

Suresh Rajan, CEO, LCR Capital Partners

Prior to launching LCR Capital Partners (LCR), Suresh served as President and Chief Executive Officer of Java Nova LLC, a private equity funded franchisee of Dunkin Donuts. An experienced QSR operator, Suresh’s focus was on real estate selection, market development, finance and human resources. Suresh previously spearheaded the efforts of SPD Ventures in the development of Quiznos … Read moreSuresh Rajan, CEO, LCR Capital Partners

Expert: Temporary Extension Expected for EB-5 Investor Visa Program

“The EB-5 investor immigrant program that is popular with Chinese is expected to get a temporary extension when Congress acts on legislation to fund the operation of the US government until Dec. 9. Stephen Yale-Loehr, an attorney and Cornell University law professor, said a continuing resolution or “CR” as it is known, is likely to … Read moreExpert: Temporary Extension Expected for EB-5 Investor Visa Program

Construction start date set for redevelopment of iconic Coco Palms Resort site

Construction on the $135 million redevelopment of the iconic Coco Palms Resort on Kauai is expected to start in January, Pacific Business News has learned. Coco Palms Hui, headed by Chad Waters and Tyler Greene, is in the final stages of demolishing the shuttered East Kauai hotel that will become a 350-room Hyatt-branded resort. The Honolulu-based developer gave … Read moreConstruction start date set for redevelopment of iconic Coco Palms Resort site

Investor visas helping fuel new restaurants in Central Florida

The controversial “green card through investment” visas that helped fund Orlando City’s Soccer Stadium, and many other projects in the United States, are catching fire to finance new restaurants in Central Florida. Some developers are skipping banks and looking to China, Brazil and other countries for investors willing to plunk down $500,000 or more for new … Read moreInvestor visas helping fuel new restaurants in Central Florida

After 20 years in office, one final ‘campaign’ for Miami mayor

On his first day as a city of Miami commissioner, a middle-aged Spanish-language radio host with dark, gray-streaked hair was called into an impromptu meeting in the mayor’s second floor office to meet “some people” who wanted to speak to him. The unexpected guests were FBI agents. Their message: Indictments were about to rock City … Read moreAfter 20 years in office, one final ‘campaign’ for Miami mayor

General Electric Company, GE Transportation Division, Including Workers Whose Wages Were Reported Through TAD PGS Inc. Including On-Site Leased Workers From Adecco USA, TCS (TATA), Chemetall US Inc., AVI, Carehere, Climatech Inc., G4S Secure Solutions, OMH HealthEdge Holdings Inc., Phoenix Llc, Simmers Crane, AND Unitek Technical Services, 1503 West Main Street and 660 Barkeyville Road, Grove City, Pennsylvania; Amended Certification Regarding Eligibility To Apply for Worker Adjustment Assistance

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Capitol Notebook: Why bother now with new mission statement for Board of Education?

Some people on the South Dakota Board of Education want to write a new mission statement. The reason is obvious. They want to show they weren’t responsible for the stealing, followed by the lying and finally the killings connected to the Gear Up program. No matter that the man who was running Gear Up was … Read moreCapitol Notebook: Why bother now with new mission statement for Board of Education?

Leahy: Reform EB-5 or end it

Senator Patrick Leahy (D-Vermont) and Senator Charles Grassley (R-Iowa) spoke back-to-back on the Senate Floor Thursday morning, as the EB-5 reform issue goes down to the wire.  The program’s authorization expires on September 30.  Some in Congress are pushing for a simple extension of the program. Leahy and Grassley are insisting on reforms, if the program is to go … Read moreLeahy: Reform EB-5 or end it

Panel event on Monday, September 26th

This Monday I’ll be presenting my recent paper, “Immigrants Replace Low-Skill Natives in the Workforce,” with commentary by Amy Wax and Charles Murray. Please attend. It’s free, and you don’t even have to register. WHAT: Panel discussion on immigration and the crisis of labor-force dropoutWHEN: Monday, September 26, 2016, at 3:30 p.m. WHERE: National Press … Read morePanel event on Monday, September 26th

Greenberg Traurig’s Attorneys Recognized as ‘Top Women in Law’ 2016, Legal Intelligencer

Jennifer Hermansky and Ana C. Montalbán from global law firm Greenberg Traurig, LLP were named to Legal Intelligencer’s 2016 ‘Top Women in Law.’ According to the publication, this list recognizes women attorneys across Pennsylvania who have done outstanding work over the last two years. “This honor is well deserved for both Jennifer and Ana and validates their experience … Read moreGreenberg Traurig’s Attorneys Recognized as ‘Top Women in Law’ 2016, Legal Intelligencer

Top GOP chairmen investigating foreign visa program

Two top Republican committee chairmen are investigating an interagency panel that advised the federal government to shut down a controversial investor visa program that expires in October. Senate Judiciary Committee Chairman Chuck Grassley (Iowa) and House Oversight and Government Affairs Committee Chairman Jason Chaffetz (Utah) requested documents from theUnited States Citizenship and Immigration Service (USCIS) regarding a 2010 … Read moreTop GOP chairmen investigating foreign visa program

Les Bénèfices du Statut Temporaire Protègé Sous les Désignations de la Guinée, du Libéria, et de la Sierra Léone Prolongés de Six Mois pour une Sereine Transition Avant leur Expiration en Mai 2017

WASHINGTON – Le Sécrétaire de la Securité du Territoire Jeh Johnson va prolonger les bénèfices du TPS sous la désignations de la Guinée, du Libéria, et de la Sierra Léone pour 6 mo Please follow and like us:

EB-5 Reforms Stall As Investor Visa Program Nears Renewal Deadline

America’s EB-5 investor visa program that gives permanent US residency to foreigners who invest at least $500,000 is set to expire on September 30, with no clear path for the program’s renewal after proposed reform measures stalled in the US congress last week. While originally devised to create jobs and economically depressed areas, the 26 … Read moreEB-5 Reforms Stall As Investor Visa Program Nears Renewal Deadline

EB-5 Fallout: Receiver Seeks Lien Protection for AnC Bio Contractor, Subs

The federal receiver in charge of the assets of the Northeast Kingdom Economic Development Initiative wants to protect contractors and subcontractors in the collapsed AnC Bio project. A motion filed by the receiver was begun by the contractor of the project, PeakCM, to protect its interests and the interests of subcontactors owed money from the project … Read moreEB-5 Fallout: Receiver Seeks Lien Protection for AnC Bio Contractor, Subs