Agency Information Collection Activities; Revision of a Currently Approved Collection: Affidavit of Support Under Section 213A of the Act

Agency Information Collection Activities; Revision of a Currently Approved Collection: Affidavit of Support Under Section 213A of the Act, Form I-864; Contract Between Sponsor and Household Member, Form I-864A; EZ Affidavit of Support Under Section 213 of the Act, I-864EZ; Intending Immigrant’s Affidavit of Support Exemption, I-864W Please follow and like us:

IIUSA Sends Letter to USCIS in Response to Publishing of Regional Center I-526 and I-829 Statistics

Today, Invest in the USA, the national not-for-profit trade association of the EB-5 Regional Center industry, sent a letter to the U.S. Citizenship & Immigration Services (USCIS) regarding Regional Center data published on its website. On or around June 19, 2017, USCIS made publicly available via their website the approval and denial statistics for forms I-526 and I-829 … Read moreIIUSA Sends Letter to USCIS in Response to Publishing of Regional Center I-526 and I-829 Statistics

EB-5 Florida Hotels and Investments Selects NES Financial Third-Party Administration for Palmer Lake Staybridge Suites Projects

NES Financial announced today that it has been selected by EB-5 Florida Hotels and Investments Regional Center to provide its full suite of Intelligent EB-5 Administration Solutions for a newStaybridge Suites by InterContinental Hotels Group. Located near the Miami International Airport, this modern six-story hotel development reflects the Staybridge Suites brand of community, comfort and convenience, with commercial areas … Read moreEB-5 Florida Hotels and Investments Selects NES Financial Third-Party Administration for Palmer Lake Staybridge Suites Projects

EB-5 Investor: Raymond James $150M Settlement ‘Grossly Inequitable’

The first objection has been raised to a proposed $150 million settlement with a financial services firm linked to the EB-5 immigrant investor scandal that played out in Vermont’s Northeast Kingdom. However, it may be too late for that investor as he seeks to put the brakes on the deal. “This agreement is grossly inequitable!” … Read moreEB-5 Investor: Raymond James $150M Settlement ‘Grossly Inequitable’

Special Report: EB-5 Reforms Face Major Hurdles

In early March, the two elder statesman of the Senate Judiciary Committee ventured across the Capitol to the House of Representatives. They were there testify about the many problems with the EB-5 immigrant investor visa program, which has been exploited by developers from the sunny streets of Beverly Hills to Manhattan and the northern mountains … Read moreSpecial Report: EB-5 Reforms Face Major Hurdles

Extension, Without Change, of a Currently Approved Collection: Discretionary Options for Designated Spouses, Parents, and Sons and Daughters of Certain Military Personnel, Veterans, and Enlistees

Agency Information Collection Activities; Extension, Without Change, of a Currently Approved Collection: Discretionary Options for Designated Spouses, Parents, and Sons and Daughters of Certain Military Personnel, Veterans, and Enlistees Please follow and like us:

Founder Of Eb-5 Global Ventures, Micol Mion Reaches Out With Renewed Immigration Plans

The founder of EB-5 Global Ventures, Micol Mion continues to expand her consultancy business and earn favors from thousands of investors around the world. As a parent company of EB-5 Global Ventures, Immigration Solution LLC seeks to do the same and provide the best consultancy solutions to millions of foreign nationals across the globe. EB-5 Immigration has … Read moreFounder Of Eb-5 Global Ventures, Micol Mion Reaches Out With Renewed Immigration Plans

‘They’re scared’: Foreign investors nervous over GV Hospital

Many of the 110 foreign investors who provided the bulk of Green Valley Hospital‘s initial financing are nervous as the facility regroups in the midst of its bankruptcy proceeding. The foreign investor group, operating as Green Valley Medical Investments LLLP, are mostly from China with a few from Brazil, France, Russia, Taiwan and Ukraine. Each has … Read more‘They’re scared’: Foreign investors nervous over GV Hospital

SEC sues Chicago developer over $89 million visa funding plan

Another Chicago real estate developer who raised money through a controversial federal visa program is facing charges that he cheated overseas investors in his projects. The Securities & Exchange Commission has filed a lawsuit against Taher Kameli, an immigration attorney who formed several companies starting in 2009 to build assisted-living facilities in the Chicago suburbs and Florida. (You … Read moreSEC sues Chicago developer over $89 million visa funding plan

SEC Says Atty Stole Part Of $89M EB-5 Investments

A Chicago-based immigration attorney was hit with a U.S. Securities and Exchange Commissionlawsuit Thursday accusing him of funneling some of the nearly $89 million he collected from EB-5 visa holders into his own pockets instead of using the money to build senior living facilities as promised.  Taher Kameli operated a scheme between 2009 and 2016 to raise … Read moreSEC Says Atty Stole Part Of $89M EB-5 Investments

SEC Slaps Senior Housing Developer with EB-5 Lawsuit

A development group with plans for a $500 million senior housing pipeline now is embroiled in a lawsuit with the Securities and Exchange Commission (SEC), which is alleging that the developer misused tens of millions of dollars raised through the EB-5 program. Between 2009 and 2016, defendant Taher Kameli raised about $88.7 million from at least 226 immigrant … Read moreSEC Slaps Senior Housing Developer with EB-5 Lawsuit

USCIS Published I-526 / I-829 Performance Data By Regional Center, But Accuracy Of Data Called Into Question

On June 19, 2017, USCIS published a list of approvals and denials for Form I-526 [link] and Form I-829 [link] performance based on Regional Center, ranging from January 1, 2014 to May 31, 2017. At first glance this seems to be great news for investors: one can now finally use official government data to find which Regional … Read moreUSCIS Published I-526 / I-829 Performance Data By Regional Center, But Accuracy Of Data Called Into Question

‘Flashy’ glass wiped off historic district hotel plan

Turns out the dichroic glass design for the proposed Tacoma Convention Center Hotel was too polarizing. The city’s Landmarks and Preservation Commission approved a new design for the skyscraper last month, sans the decorative glass, which displays different colors depending on the lighting and the viewing angle. “There was a lingering concern” from the commission that the … Read more‘Flashy’ glass wiped off historic district hotel plan

CanAm Responds to USCIS EB-5 Reports

CanAm’s President and CEO, Tom Rosenfeld, published the below letter to investors and industry professionals correcting USCIS’ errors in reporting CanAm’s track record. “I write to you today in regards to reports published by the USCIS purporting to list the number of approved and denied I-526 and I-829 petitions by Regional Center for the period January 1, 2014 … Read moreCanAm Responds to USCIS EB-5 Reports

Hospital CEO gives update on bankruptcy proceedings at forum

More than 200 people showed at the GVR West Center on Tuesday for an update from CEO John Matuska on Green Valley Hospital‘s financial health as it navigates the bankruptcy process. The hospital filed Chapter 11 bankruptcy in April. Bankruptcy A Debtor in Possession loan for $20 million has been approved and funded. It works like … Read moreHospital CEO gives update on bankruptcy proceedings at forum

Chicago Vista Tower developer snags $700M construction loan

Dive Brief: Developers for the 94-story, $1 billion Vista Tower in Chicago have secured a $700 million construction loan, the largest real estate-related financing deal in the city’s history, from China-based Ping An Bank, according to the Chicago Tribune. Magellan Development Group and Wanda Commercial Properties of China broke ground on the Jeanne Gang-designed hotel and condominium … Read moreChicago Vista Tower developer snags $700M construction loan

Miami Owes Its Life To Foreigners

A contractor pulls equipment in front of a new high rise condominium and office buildings under construction in the Brickell neighborhood of Miami, Florida, U.S., on Friday, Sept. 30, 2016. Developers are building entire neighborhoods as foreign demand sets the pace. Meanwhile, EB-5 visa projects moving out of Miami as region develops further along the … Read moreMiami Owes Its Life To Foreigners

China’s Richest Man Gets A $700M Assist From Ping An For Chicago Skyscraper

China’s real estate developers have left home for Australia, Europe and the US, but that doesn’t mean that they’ve left their funding partners behind. Chinese financial institutions are taking a growing slice of the real estate lending market in the US, and much of their business comes from developers such as Dalian Wanda which are … Read moreChina’s Richest Man Gets A $700M Assist From Ping An For Chicago Skyscraper

The Truth About Trump’s Golden Boy

Perhaps no figure embodies the bizarre state of US politics better than Jared Kushner. With Trump’s victory in November, the bland and unremarkable 36-year-old real estate tycoon went from being a virtual nobody — the husband of Trump’s daughter Ivanka and, like Trump himself, the pampered heir to his father’s business empire — to a … Read moreThe Truth About Trump’s Golden Boy

‘PBS NewsHour’ delves into Kushner controversy in Jersey City

“PBS NewsHour” took viewers on a tour of Jersey City last night with the help of Jersey Journal reporter Terrence McDonald as it looked into the continuing controversy of the Kushner Companies’ use of a visa program to get foreign financing for several developments. The program focused on the Trump Bay Street high-rise in Downtown Jersey City … Read more‘PBS NewsHour’ delves into Kushner controversy in Jersey City

Kushner Cos. pulls request for tax break in New Jersey city

The real estate firm owned by the family of Jared Kushner has withdrawn a request for a big tax break for one its buildings in Jersey City, New Jersey, the latest setback for the company in the area. The Kushner Cos. sent a letter withdrawing its application for a 30-year break from city taxes for … Read moreKushner Cos. pulls request for tax break in New Jersey city

Real estate firm owned by family of Trump’s son-in-law withdraws request for New Jersey tax break

Ties to the White House may ultimately help the Kushner Cos, but recent trouble in a New Jersey city suggests they can hurt a bit, too. The real estate firm owned by the family of Jared Kushner, the son-in-law of US President Donald Trump, has withdrawn a request for a big tax break for one … Read moreReal estate firm owned by family of Trump’s son-in-law withdraws request for New Jersey tax break

USCIS Seeks Input on Revised EB-5 Capital At Risk Requirement

On June 14, 2016, USCIS released a Policy Alert indicating that it is seeking input on revisions to the USCIS Policy Manual on job creation and capital at risk requirement for investors.  These revisions represent the next iteration of USCIS’s draft memorandum dated August 10 2015, Guidance on the Job Creation Requirement and Sustainment of the Investment … Read moreUSCIS Seeks Input on Revised EB-5 Capital At Risk Requirement