On Nov. 26, 2019, a complaint for Injunctive Relief and a Temporary Restraining Order was filed by Florida EB-5 Investments, LLC against the Department of Homeland Security (DHS) challenging a Nov. 21, 2019, DHS-issued final rule amending its regu...
Bill Stenger arrives at federal court in Burlington for his arraignment on charges pertaining to the EB-5 fraud case in May. A judge is allowing Bill Stenger, Jay Peak’s former president who is awaiting trial on federal fraud charges, to ge...
The Pump House indoor water park has been one of the most popular amenities added to Jay Peak Resort as a result of EB-5 immigrant investor money. Jay Peak photo. Vermont Business Magazine The Jay Peak Receiver filed suit in federal court i...
Moving to a merit-based system is the way to reform our current broken immigration patchwork of laws. While Congress is paralyzed by gridlock and President Trump continues his call for a conversion to a merit-based system, there are some ideas...
U.S. Citizenship and Immigration Services (USCIS) published a final rule on July 24, 2019, that makes a number of significant changes to its EB-5 Immigrant Investor Program (“EB-5 Program”). These new rules are designed to provide the first si...
While Congress is focused on impeachment, impeachment and more impeachment drama, a proposed behind-the-scenes bill shows that the Swamp is up to its same, unshakable pro-immigration agenda. Two things stand out about the Immigrant Investor...
On November 21, 2019, the EB-5 "Immigrant Investor Program Modernization" became effective. This is the first significant EB-5 regulatory change instituted by U.S. Citizenship and Immigration Services (USCIS) since 1993. This final rule makes ...
Michael Goldberg, the court-appointed receiver in the EB-5 fraud case, speaks at a Statehouse news conference April 13, 2017. The court-appointed receiver overseeing Jay Peak and other properties at the center of an EB-5 investor fraud sca...
In the EB-5 category, China remains with a Nov. 1, 2014, cut-off date; India advances slightly to Jan. 1, 2018; and Vietnam advances slightly to Dec. 1, 2016. The other categories remain current. Referring to the Final Action Dates, following a...
The upcoming EB-5 Visa Bulletin for December 2019 has been released by the Department of State Bureau of Consular Affairs. Here’s an explanation of the key parts of the Visa Bulletin for December 2019: Final Action Dates: Source: htt...
CanAm Enterprises Director, In-house Immigration Counsel, Walter S. Gindin, takes an in-depth look at USCIS policy on EB-5 capital redeployment. EB-5 capital redeployment is one of the most important issues concerning investors today. It im...
As of November 21, 2019, the United States EB-5 immigrant visa, employment-based fifth preference category, or EB-5 Immigrant Investor Visa Program, will be revised for the first time since its 1990 enactment. The revisions, promoted as modernizat...
- An American, Marco Ramirez, has duped five Nigerians of $1.5 million - The criminal allegedly defrauded Gabriel Edeoghon and Oludare Talabi of $388,838 and also defrauded Amb. Godson Echejue, Abubakar Umar and Sodimu of $1.2 million - Ramire...
The investors are appealing a trial court decision that protects the law firm that prepared the private offering memorandum for their investment. They maintain the firm either knew of or should have known that the supposed investment in the so...
The USCIS Policy Manual is updated as of today with some edits to the EB-5 section in Volume 6 Part G. As usual, I performed the kind service of saving the content as a Word document in my folder of PM editions, and making a comparison documen...
