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Surge in visas issued to Chinese lures developers to NYC

Surge in visas issued to Chinese lures developers to NYC Money from the People’s Republic seen spurring investments May 13, 2014 05:00PM From left: China Vanke CEO Yu Liang and Fosun chair Guo Guangchang In a trend that can be seen both locally and nationally, wealthy citizens in China are receiving the vast majority of

Reps. Tulsi Gabbard, Aaron Schock Introduce Bipartisan Immigration Bill

Reps. Tulsi Gabbard, Aaron Schock Introduce Bipartisan Immigration Bill Plan Permanently Extends EB-5 Visa Program, Eliminates Outdated Country Caps Honolulu – Congresswoman Tulsi Gabbard (D-HI) and Congressman Aaron Schock (R-IL) formally announced bipartisan legislation today that permanently extends the popular EB-5 visa program for immigrant investors and eliminates the current program’s outdated country caps. The bill,

Finally! U.S. Job market returns to 2008 peak

Finally! Job market returns to 2008 peak By Annalyn Kurtz  @AnnalynKurtz June 6, 2014: 11:07 AM ET NEW YORK (CNNMoney) It took two years to wipe out 8.7 million American jobs but more than four years to gain them all back. That’s according to the Department of Labor’s latest jobs report, which shows the U.S. economy added 217,000 jobs

Rich Chinese overwhelm U.S. visa program

Rich Chinese overwhelm U.S. visa program By Sophia Yan  @sophia_yan  March 25, 2014: 10:22 PM ET HONG KONG (CNNMoney) A dramatic surge in interest from wealthy Chinese is threatening to overwhelm a U.S. program offering investors green cards in exchange for cash. The number of applicants is now so great that the government might run out of

EB-5 immigrant investor program doubles impact to $3.4B

EB-5 immigrant investor program doubles impact to $3.4B Enlarge Photo Cathy Cheney | Portland Business Journal Portland Mayor Charlie Hales, left, and developer Homer Williams at the groundbreaking of a Pearl District hotel project funded by immigrant investors through the federal EB-5 program. An industry group reports the impact of EB-5 investing doubled in the

Updates Regarding EB-5 Petition Processing andFiling

Updates Regarding EB-5 Petition Processing and Filing In February 2014, USCIS completed the transfer of all pending I-526 filings to the new Washington, D.C. area EB-5 adjudication team, which now employs 53 people, including 20 economists and 25 adjudicators, with plans for continued growth to 75 by September 2014 and 100 by several months later.

The Impact of the EB-5 Immigrant Investor Program to the U.S. Economy

The Impact of the EB-5 Immigrant Investor Program to the U.S. Economy: American Jobs & Economic Impact of EB-5 Investments, 2010-2011 The EB-5 program contributes significantly to the US economy. It provides much needed capital to areas hit hard by the recent recession and struggling with high unemployment rates. The ripple effect of the program

Support for the EB-5 Regional Center Program

Support for the EB-5 Regional Center Program The EB-5 Regional Center program is supported by mayors and local economic development officials who see the value of the program first-hand. – The U.S. Conference of Mayors recently endorsed permanent authorization of the regional center program, noting that EB-5 has become a vital source of urban redevelopment

Boosting the U.S. Economy through the EB-5 Immigrant Investor Program

Boosting the U.S. Economy through the EB-5 Immigrant Investor Program Capital investments made by EB-5 Regional Centers have supported successful economic development projects, including: − Redevelopment of a closed Air Force base in Southern California into a vital commercial area including a distribution center and regional airport – Development of assisted and retirement living communities