The investigation into the Governor’s Office of Economic Development and its connections to the EB-5 Immigrant Visa Program and Northern Beef Packers moves to the legislature next week reports WNAX, Radio 570. Senator Jean Hunhoff of Yankton sa...
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EB-5 Investigation in South Dakota Moves to Legislature
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 to weigh in on how this might effect the United States’ program, what lessons c...
Atlantic Yards EB-5 Effort Gets Close Scrutiny
Journalist Norman Oder has studied and analyzed Forest City Ratner’s planned $4.9 billion Atlantic Yards project in Brooklyn, New York, a project that three years ago, he reports, raised $228 million through the EB-5 immigrant visa program. Projec...
Nominated USCIS Director Will Have Questions on EB-5 to Answer
In December 2013, President Obama announced his decision to have Leon Rodriguez become the director of USCIS (United States Citizenship and Immigration Services), the agency that oversees the EB-5 Immigrant Visa Program. An article by Watchdog.org...
Audit Continues of Ex-Official in South Dakota with EB-5 Ties, Hearings Launched
A February 20, 2014 article in Aberdeen News investigates the audit underway of former South Dakota secretary of tourism and state development Richard Benda for expenses totaling approximately $89,000 that SDRC (South Dakota Regiona Center) should...
Canada Cancels Its Investment Visa Program
The government claims the program hasn’t paid off for Canada and that it undervalued Canadian permanent residence, others worry about its affect on the economy. The Canadian Immigrant Investor Program (CANIIP) was established in 1986 to e...
Chinese FDI in the US: 2013 Recap and 2014 Outlook
Chinese investment in the United States doubled in 2013, driven by large-scale acquisitions in food, energy and real estate. Private firms are now dominating capital inflows, accounting for more than 80% of transactions and more than 70% of t...
Register by Feb. 14 for USCIS Teleconference on EB-5
U.S. Citizenship and Immigration Services (USCIS) invites you to take part in a teleconference on Wednesday, February 26, 2014 from 1:30 p.m. – 3:00 p.m. (Eastern) to discuss the EB-5 Immigrant Investor Program. During this engagement, USC...
County Tracker 2013: On the Path to Recovery
The National Association of Counties has produced an economic analysis of America’s county economies, which serves as a reminder that the U.S. economy happens on the ground, in the over 3,000 counties that provide the basis for county governments....
American Mayors Go East To Recruit Chinese Investors
A Dec. 7, 2013 article in The Ecomomist explains how more and more mayors of American towns are courting Chinese companies in order to get investment money for their towns. The article begins in rural Thomasville, Alabama, a town with a p...
SelectUSA Report on Foreign Direct Investment in the United States: Drivers of U.S. Economic Competitiveness
Just released by SelectUSA, a new paper studies the impact of Foreign Direct Investment (FDI) on the U.S. economy, the strengths and attractiveness of the United States as a destination for FDI, and the competitiveness of the United States with re...
Could Bitcoins Fund EB-5 Investments?
Digital currency may be outlet to evade China’s strict capital controls as it gains in popularity and use, but caution is warranted. Introduced in 2009, the bitcoin is rising in popularity and use worldwide. This “crypto-currency” is an op...
NES Financial to Host Success Strategies Seminar for EB-5 Regional Centers in February
Advanced seminar series to provide Regional Centers with solutions that address the latest industry trends and compliance requirements. by Laura Kelly NES Financial will be hosting the 2014 Success Strategies for EB-5 Regional Ce...
November Jobs Report as it Relates to EB-5 and TEA
The November jobs report from the Bureau of Labor Statistics showed the U.S. unemployment rate in the U.S. was down to 7.0% from 7.3% in October. by Impact DataSource Many regional centers and developers may question how an improv...
How the USICS Can Improve the EB-5 Program
This article is not a recitation of the statutory and regulatory requirements of the EB-5 program. It is assumed that the reader is at least familiar with the basic requirements or where to find them in the Immigration and Nationality Act (Section...