Ariel Quiros is shown arriving at federal court in Burlington May 22 for his arraignment on charges pertaining to the EB-5 fraud case. Another property that belonged to the indicted former owner of Jay Peak is about to be sold, this time a...
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Receiver has deal for Quiros’ lot that new owner would turn into dog park
Grassley: Changes to investor visa program are win for rural America
President Trump just issued new rules that got little attention from the mainstream media but stand to bring fresh economic opportunity to America’s rural and disadvantaged communities. It’s another example of ways, big and small, that the pre...
Visa, Revised: Why EB-5 Is Getting Pricier and Harder to Use in Big Cities
In the wake of the Great Recession, the EB-5 program — often referred to as “cash for visas” — became an easy source of financing for real estate developers who found themselves unable to borrow money from traditional lenders. But new rules re...
DHS’s Final EB-5 Regulations: What Stakeholders Need to Know
The Department of Homeland Security (DHS) has published final regulations that change some of the key features of the EB-5 Program, which takes approximately 10,000 green cards available each year for qualifying investors and their family members....
Business Plans and RFE Response
Do responses to Requests for Evidence need business plans? What if the RFE for an I-526 petition includes this dread sentence “Upon reviewing the business plan, USCIS finds that the evidence in the record does not establish that the business p...
BH3 Buys $195M Loan on Distressed NYC Skyscraper
125 Greenwich in December 2018. The real estate investment firm has taken over the defaulted mortgage on 125 Greenwich St., an 88-story luxury condo tower in Manhattan's Financial District that topped out earlier this year. Real estate ...
Attorney for EB-5 investors gets OK to depose key Jay Peak insider
A federal judge will allow an attorney for a group of EB-5 investors to question a whistleblower about what he knows about an alleged “kickback” scheme involving attorneys who brought foreign investors and their money to Jay Peak projects. ...
Successful Repayment of $27M to EB-5 Investors in New Commercial Enterprise Managed by A&J Capital, Inc.
A&J Capital, Inc. (A&J), financial services & advisory firm specializing in EB-5, private equity, and investment management, today announced its latest milestone of repaying $27 million of capital to EB-5 investors for one of its managed new c...
Smaller NY Wheel plan 'more than just talk’
“It’s more than just talk,” sources have told the Advance regarding a plan to build a smaller NY Wheel on the city-owned St. George site where the original project was slated to be built. In May, the Advance reported that investors in the i...
It's Your Last Chance To Immigrate To The USA With A $500 000 Minimum Investment
The minimum investment is set to increase to $900,000.00 and $1.8m on November 21, 2019, for those looking to immigrate to the USA. Now's the time if you want to take advantage of the lower minimum investment price. It’s undeniable that mor...
USCIS Publishes EB-5 Modernization Rule: The Impact on the EB-5 Program
On July 24, 2019, U.S. Citizenship and Immigration Services (USCIS), the immigration-benefits component of the Department of Homeland Security (DHS), published a final regulation on “EB-5 Immigrant Investor Program Modernization” (the “Rule”) ...
Higher Investment Requirements and Stricter Regional Centre Rules Coming as DHS Approves New EB-5 Visa Rules
The Department of Homeland Security (DHS) has published the final rules modifying the US EB-5 visa program. The initial Notice of Proposed Rule making (NPRM) was first published in the Federal Register on January 13, 2017. The changes w...
Hotel Indigo Coachella Developers Looking to EB-5 for Construction Debt
A RENDERING OF INDIGO COACHELLA. COURTESY: GEORGE WASHINGTON IMMIGRATION GROUP Glenroy Coachella LLC, the development partnership that is constructing the HotelIndigo Coachella resort near the site of the Coachella Valley Music and Arts Fes...
USCIS: New EB5 regs effective late 2019
U.S. Citizenship and Immigration Services announced early morning yesterday that “significant” revisions for the EB5 investor visa would be rolled out November 2019. In a statement, USCIS would be raising the minimum investment amounts and ...
Expert advises Nigerians as US gets set to increase EB-5 visa fee
Nigerian investors have been advised to be swift as the United States of America (USA) gets ready to hike its Employment-Based Fifth Preference Category 1, EB-5 Visa Fee by 270 percent. Chief Executive Officer of Bradleys International Limi...