Chicago Trip - SUCCESS!!!!

 

We accomplished a great deal in Chicago regarding the upcoming trip to China for investor meetings. Empire State EB-5 met with Jose Latour of Latour Law, P.A., Sharon Shi of Law Offices of Sharon Shi, as well as Paul Rozier and Derrick Coleman (Retired NBA Star) of Synergy Trade Solutions (www.synergytradesolutions.biz). Synergy Trade Solutions is a management innovation firm that facilitates for small businesses which require a connecting bridge for relationships, capital, and commercial resources. Synergy is a key asset in the process of sourcing quality, not quantity deals for our EB-5 Regional Centers.  New deals from Paul and Derrick are aquaculture, fracking operations, and cloud computing deals, all high end and superb quality. Many deals in the pipeline and with these key people on the team, Empire State EB-5 is your trusted ally when dealing with the complex "red tape" issues. 

We also met with the king of the ALF and Healthcare financing industry, Mr. Jason Gray of Oppenheimer (www.opco.com). Jason has extensive years in the Healthcare industry,managing new business developments, expertise and insight to meet the challenge of achieving customers financial goals. Jason was a pleasure to meet and through our conversations I know that we are going to have long and prosperous business relationship.

The Language of Immigration Reform: Saying what people want to hear!!!

 “Americans SUPPORT growing the economy through immigration. They want America to be globally competitive, and they know that a workforce of the world’s best and brightest helps get us there.”

Fully two-thirds of Americans believe that legal immigrants “boost the economy.” They agree with the statement: “In this 21^st Century global economy, we must be forward thinking and ahead of the curve. Immigrants bring new ideas, new perspective, and new talent to our workforce. To compete with growing global economic powers like China and India, we need to think globally and recruit the very best from around the world.”

READ THE FULL ARTICLE HERE - AILA LEADERSHIP BLOG 

  

For more in depth information regarding investing or financing from Empire State EB-5 Regional Center - Contact Us Here

EB-5 Program Rising in Numbers

News from USCIS Stakeholders' Meeting Details Here:

EB-5 Visa numbers are still climbing, with 3706 issued so far this year.  At this pace the program will outdo its previous record set in 2009 from projections for 2011.

I-526 and I-829 filings are WAY up, with rejection rates of I-526s on the high side at 18% (a bit high in our opinion), and I-829s at 7% (lower than any previous report, which is a positive sign).  The proof though, will be in the results of the mass submissions of this year - will the there be enough job creation?

Processing wait times look like they are declining, which, again, is a very productive sign!

USCIS Begins Implementation of Enhancements to the EB-5 Program

(Source: USCIS) 

USCIS is implementing the first phase in a series of proposed enhancements to the EB-5 program.  Beginning today, Form I-924 applicants will be able to communicate directly with USCIS adjudicators via e-mail in an effort to streamline the process and quickly raise and resolve issues and questions that arise during the adjudication process.  The Form I-924 is the Application for Regional Center Under the Immigrant Investor Pilot Program.  Information on how direct e-mail communication will work can be found in our Questions and Answers document.

USCIS intends to monitor the progress of this new line of communication to assess whether changes are needed and to implement any required changes on a real-time basis.  If you have feedback in response to your use of the direct line of communication for the Form I-924, please submit your comments to opefeedback@uscis.dhs.gov.

USCIS is eager to implement all of the proposed enhancements to the EB-5 program that it first announced on May 19, 2011. USCIS is currently exploring how it can accelerate the implementation of premium processing, which customarily takes months due to the need to revise the applicable forms.  USCIS is currently hiring economists and other experts that will enhance and accelerate the adjudication process and also help constitute the Decision Board that was first described on May 19.

Implementation of enhancements to the EB-5 program is a high priority for USCIS. Director Alejandro Mayorkas will provide more information about the status of the proposed enhancements and other action items for this program in his first Conversation with the Director this Wednesday, September 14, and in the national stakeholder engagement on Thursday, September 15. 

For more information about EB-5 program, CONTACT US

Show me another current project in Western NY which will create this many jobs?

The Comedy Hall of Fame is a current project that Western New York needs, and NEEDS NOW!!! We are working close with potential developers dealing with the fine line issues that need sorting out. Take a look at the potential economic growth figures gathered below to give you an idea of how HUGE this project will be for the Western New York economy and the local community.

Taking 90% of an estimated 440 people that would be hired from the unemployment rolls which is 396 people, then it would translate to a saving for the State in unemployment benefits of $2,574,000 in just 6 months! This is using low salary figures and the state could save $5 Million Dollars in just its first year alone!

More important those 440 people would now have a pay check and be able to spend money. If getting people off the unemployment and back to work is the principal concern for the state and local government then this project achieves all that and more. 

The total above is not including the hundreds of economic spin off jobs that will be created in surrounding businesses that result from the Comedy Hall of Fame being located in Western New York.

The Comedy Hall of Fame IS THE ANSWER !!!!!!!!!

CONTACT US 

The EB-5 Program: Create American Jobs, Get a Green Card

Here is a recent article in Bloomberg Business week headlined that the EB-5 program has attracted $1.5 billion and created 31,000 jobs, important additions to an ailing US economy. The EB 5 immigrant investor visa is designed for entrepeneurs who invest in job creation as detailed in the article. The United States Government, through the United States Customs and Immigration Service, are offering permanent residency to investors who create at least ten jobs and invest $500,000. The article also discusses regional centers.The Bloomberg article comments that many business ventures throughout the U.S. are finding backers through the EB-5.

READ THE ENTIRE ARTICLE HERE

YOU ARE NOT FORGOTTEN - 9/11 Rememberance

                                                                                                                                                                 Empire State EB-5 team wants to thank all the heroic, brave, and courageous efforts are country battled back in 2001. We want everyone to know that you are not forgotten for sacrificing your lives to sustain others livelihoods. Our prayers are with the families and friends of all of those who took part in that day of history.

WE THANK YOU FROM THE BOTTOM OF OUR HEARTS!

Immigration law advisor jailed over scam

It really does matter who you're working with. This is just another sad case of someone taking advantage of others with lessor degree of knowledge or know how.

Immigration law advisor jailed over scam

Key Points for EB-5 Investors

It is extremely important to choose the right EB-5 project to invest in because the future investment of the green card approval depends on the correct decision making and planning. Each EB-5 investor needs to realize that there are many aspects of the project and must consider a few key points when making a choice.

Key Points to Note:

1. ·         is the project located in Targeted Employment Area;
2. ·         what is the percentage EB-5 capital of in the total cost of the project; 
3. ·         what experience does the management team have;
4. ·         is there any government support and government financing;
5. ·         how many EB-5 investors the project needs;
6. ·         how many jobs the project is creating;
7. ·         what methodology the project uses to calculate the job creation;
8. ·         what exit strategy the project offers to foreign investors.

Requesting more information is easy - CONTACT EMPIRE STATE EB-5 HERE