Combined, the funds from JTC PLC and NES Financial will service $130 billion in assets One of the country’s largest EB-5 and Opportunity Zone fund administrators will be acquired for at least $40 million amid a push to change EB-5 rules to ...
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EB-5 fund administrator sells amid push to resurrect program
Experts weigh in on adjusting EB-5 visa program during current pandemic
The major economic disruption brought about by the coronavirus pandemic has put experts on different sides of the fence about whether an idea to expand the scale of the EB-5 program as part of a broader federal emergency stimulus package could...
How Does USCIS Shutdowns Affect My EB-5 Application?
On March 18, 2020, USCIS temporarily suspended all its in-person services at their field offices in an effort to help slow the spread of Covid-19 (Coronavirus). Here’s what that means for your EB-5 application. USCIS has stated that its sta...
Architects sue developer of failed Superior Street tower over unpaid plans
(Above left) Rendering by Skidmore, Owings & Merrill LLP of The Carillon, which would have replaced George A. Tripp House (above right) at 42 East Superior Street, along with 44 and 46 East Superior Street. Chicago-based Skidmore Owings & M...
Why Reward China With Investor-Visa Expansion?
A controversial immigration program that awards U.S. visas to wealthy investors, mostly Chinese, could be expanding. The White House is reported to be considering a proposal to increase the number of EB-5 green cards from 10,000 to 75,000 a...
EB-5 Regional Center Investment Advantages
These are the primary EB-5 Regional Center investment advantages. When an EB-5 investor selects the EB-5 Regional Center Program, they are choosing to make an investment through a government-approved Regional Center rather than investing di...
US EB-5 Visas Today
Introduction: What is EB-5? EB-5 capital has risen from obscurity to prominence in a dizzying decade. One developer client has said, “A few years ago, no one had heard of EB-5. Now at every golf outing or cocktail party, someone mentions EB...
The Republicans Pushing a Mass Immigration Scheme Favoring China
Republicans?not Democrats?are leading the charge for a mass immigration scheme amid what we have been told is national security, health, and economic crisis. Why? As Americans struggle to stem the spread of the Wuhan virus, the Republican P...
EB-5 I-526 Processing Time 2020 Update
The estimated I-526 processing time at the Immigrant Investor Program Office has been updated on the USCIS website and now shows a time range of 31 months to 50.5 months. Our last update showed estimated processing times for the I-526 Petit...
US Supreme Court Leans Towards Approval of SEC’s Disgorgement Powers in Cases of Fraud
The Security and Exchange Commission’s powers to help combat fraudulent companies and reimburse their victims might get a huge boost if the US Supreme Court rules in favor of the agency’s broad powers of “disgorgement” which allows it to recla...
EB-5 Modernization Rule FAQ
The EB-5 Modernization Rule made major changes to the EB-5 Immigrant Investor Program last year, and understandably, people still have questions. Here are answers to some of the most commonly asked questions concerning the main changes that we...
SEC Disgorgement: Who Gets the Money?
Liu v. SEC, No. 18-15-1, argued before the Court last week, is potentially one of the most important cases to be heard by the Supreme Court on SEC Enforcement. The question under consideration is whether the Securities and Exchange Commission ...
Court Rejects Suit to Delay Immigrant Investor Program Rule
U.S. Department of Homeland Security seal at the agency's headquarters in Washington. New rule raises investment threshold Regional center didn’t prove irreparable harm A rule overhauling the EB-5 program, which creates a path to green c...
Taxpayers to foot bill for Stenger’s legal team in EB-5 case
Bill Stenger arrives outside federal court in Burlington for his arraignment on charges pertaining to the EB-5 fraud case on May 22. Taxpayers will be paying for the attorneys for Bill Stenger, the former CEO and president of Jay Peak who ...
Chuck Schumer’s wrong about the reverse-Robin Hood Visa
Senate Minority Leader Chuck Schumer talks about President Donald Trump's impeachment after a press conference about increasing funding for programs to aid security at places of worship and the prosecution of hate crimes Monday, Dec. 30, 2019 ...