“New York Open for Business” ad campaign and economic development funds totaling $40 million

  

The state of New York has allocated funds to a long term ad campaign, “New York Open for Business.” This, along with the assembly of state funds for economic development through 10 local development councils throughout the state, are the beginnings of the state government attempting to reverse the reputation of New York having one of the worst business climates and create jobs.

In years past, businesses have left the state at a high rate, taking jobs along with them. The new economic development councils will be submitting 5 year strategic plans by November 14th for plans in the five boroughs. Initial ideas emerged centering around leveraging regional assets, focus on quality job creation, improving disadvantaged areas, infrastructure investments and education.

New York City has long been viewed as a global center with an entrepreneurial spirit and will receive $40 million of the total $200 million the state has allocated for these initiatives, geared for small businesses. Stay tuned for new developments.

Author: Tara Kelley
August 25, 2011

**NOTE: This is intended for informational purposes only.**

USCIS Citizenship Public Education and Awareness Initiative Video

The Citizenship Public Education and Awareness Initiative promotes awareness of the rights, responsibilities, and importance of United States citizenship, and the free naturalization preparation resources available to permanent residents and immigrant-serving organizations.
Through this effort, USCIS seeks to:

• Increase awareness of the rights, responsibilities, and importance of U.S. citizenship.
• Encourage eligible permanent residents to consider the benefits of U.S. citizenship for themselves and their communities.
• Increase understanding of the naturalization process and requirements.
• Increase awareness of available citizenship preparation resources.
• Educate eligible permanent residents about the steps they can take to apply for citizenship and prepare for the naturalization process.

Startups Require Increased Visa Flexibility

A great article targets that as a country, we are losing not just investment interests, but entrepreneurs as well to other countries enticing start-up programs. If the United States keeps forcing businesses to take their ventures elsewhere...where does that leave us???


Read further -  EB-5 Visa News - Startups Require Increased Visa Flexibility

Want to see if Empire State EB-5 can help? - CONTACT US HERE

Who does your work matters!!!

I just heard that some other Regional Center's are taking a year or more to get green cards for their foreign investors. Really? Serious?

So, who does your work really does matter. I've seen an  application approved in 47 hours!
 

"Does the United States of America currently have a Citizenship-through-Investment Program?"

The concise answer to this question is: No. Although in the United States, it is not possible to receive Citizenship merely through investing capital therein. However, one could argue that the EB-5 visa is a "path to citizenship by investment." Through participation in the EB-5 Immigrant Investor program the foreign immigrant can receive Lawful Permanent Residence (LPR) if their visa application is approved and they are admitted lawfully to the United States. Once in the "LPR" status the foreign investor may be able to naturalize to American Citizenship upon meeting the eligibility criteria for naturalization and fulfilling the requisite statutory physical presence period as stipulated under the relevant sections of the American Immigration and Nationality Act (INA).

EB-5 News Blog: Regional Centers in the USA: EB-5 Emigration Agents Seek New EB-5 Regional Cent...

EB-5 News Blog: Regional Centers in the USA: EB-5 Emigration Agents Seek New EB-5 Regional Cent...: Chinese EB-5 brokers are seeking new EB-5 regional center projects for Chinese market; prefer commercial real estate (hotels, mix-use proper...

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What Empire State Regional Center will do for Clients Seeking EB-5 Financing

"Let us fill that missing piece to your puzzle"

For our hospital, pharmaceutical, hotel, restaurant, and other commercial real estate clients seeking financing through the EB-5 program, we advise on:

• EB-5 project viability and due diligence
• Qualifying for governmental incentives such as New Markets Tax Credits, redevelopment agency funding, and other tax credits
• EB-5 Regional Centers  - More Information Here
• Determining targeted employment area (TEA) designation - Definition of TEA
• Job creation requirements - EB5 & Job Creation Here
• Securing state and local governmental support for a project
• Federal securities laws with respect to the sale of limited partnership interests to EB-5 investors
• Structuring and documenting EB-5 investment programs
• Negotiating marketing contracts for EB-5 investment programs
• Negotiating loan and inter-creditor agreements between EB-5 lenders and other lenders

**For more information please check out our website Empire State EB5 or call us (866)763-6515

Written by Keith Schubmehl - Regional Center Principal

Empire State Website   or   Email Keith Here

Keith’s career has focused on commercial real estate, including bank lending and real estate and mortgage brokerage. Keith has given extensive consulting and support services to real estate developers and lenders. Keith has also provided interim management services for the Federal Government.

Healthcare is really hot right now...

The Healthcare sector is extremely attractive to foreign investors, especially to those located in China, Hong Kong and Korea. Involved in various projects ranging from the pharmaceutical industry to hospital systems and development, we look forward to assisting you in discovering your path to citizenship through the government regulated EB-5 Program. For more information please check out Immigration Insider and our website Empire State EB5.

David

Gaining Ground with EB-5 Visa Program

Here is a short video on the EB-5 program and how it is helping stimulate our economy, but at the same time bringing in foreign investment to boost US jobs. Some of these jobs being created can be anything from developing and building a new hotel, hospital, restaurant, and even electronic facilities to expanding previous businesses in need of extra capital. For more information on how we can help jump start your next project - CONTACT US HERE

                                        

What is Targeted Employment Area (TEA)?

 

 A Targeted Employment Area (TEA) is defined by law as “a rural area or an area that has experienced high unemployment of at least 150 percent of the national average.”

'Rural Area' - means any area not within either a metropolitan statistical area (as designated by the Office of Management and Budget) or the outer boundary of any city or town having a population of 20,000 or more.

A Targeted Employment Area (TEA) for EB-5 Visa purpose allows $500,000 USD investment rather than the regular $1 Million USD.

The USCIS Regional Center designation allows the requisite job-creation to be indirect and induced, as well as direct. When you have a Targeted Employment Area within a Regional Center you get a EB-5 project that requires $500,000 USD and allows job-creation to take place through directly and indirectly, but sometimes all indirectly.

USCIS/DHS Gets Serious About EB-5

To the ABSOLUTE DELIGHT of the EB-5 Community, on August 2, 2011 Secretary of Homeland Security Janet Napolitano and U.S. Citizenship and Immigration Services (USCIS) Director Alejandro Mayorkas just unveiled a series of policy, operational, and outreach efforts “to fuel the nation's economy and stimulate investment by attracting foreign entrepreneurial talent of exceptional ability or who otherwise can create jobs, form startup companies, and invest capital in areas of high unemployment.” To paraphrase, they’re clued in on the fact that slo-mo timelines mean foreign venture capital (FVC) takes a loooooooong time to get to job-starved U.S. communities.

I’m linking the Press Release HERE but here are the main points: 

• For the first time, they gave legit airtime to Startup America, the White House-led initiative to reduce barriers and accelerate growth for America's job-creating entrepreneurs, is being publicized FINALLY. (Hey, if EB-5 attorneys aren’t aware of it, it isn’t an “initiative”.)

• They talked about the President's Council on Jobs and Competitiveness

An academically-interesting part of the PR was their clarification that entrepreneurship is now officially a gateway to the National Interest Waiver. While cases like this have certainly been approved, it’s the first time the USG comes out and says it welcomes top tier business veterans to consider the NIW.

But the stuff everyone is yapping about is the ambitious list of plans USCIS has for improving the EB-5:

• extending the availability of premium processing for certain EB-5 applications and petitions

• implementing direct lines of communication between the applicants and USCIS (very welcome but, honestly, they answer when you ask nice (-;)

• providing applicants with the opportunity for an interview before a USCIS panel of experts to resolve outstanding issues in an application. Way cool.

But the part of this that is most notable is their statement that USCIS is “poised to begin implementing the first of these enhancements within 30 days.” Wunderbar! 

Last but not least, they spoke of “launching a new series of engagement opportunities for entrepreneurs and startup companies. These opportunities will focus on soliciting input from stakeholders on how USCIS can address the unique circumstances of entrepreneurs, new businesses and startup companies through its policies and regulations in the employment-based arena.” I’m not sure exactly what this means but this is one seasoned old lawyer who greets all of this with high-fives and “hallelujahs!”.

USCIS, you have a very supportive EB-5 bar ready to help you pave the road through these positive changes and we are at your service! 

Written by Jose E. Latour creator of Immigration Insider.

Find original article HERE

Jose is  an A/V rated business/investment-based immigration attorney and former U.S. Diplomat/ Consular Officer. He is a member of the American Immigration Lawyers Association (AILA) and the Florida Bar. As a trusted colleague, Jose is an essential part of our team and to the EB-5 community.

The Tale of Two Eric's - An insight of EB-5 in action

Here is a different perspective of how the EB-5 visa program can work for individuals looking for permanent visa's. With so many new innovative start up companies jumping out of the wood works these days the EB-5 program can be a positive note for the United States economy (creating jobs that were not there before)  and bring in new talent to sustain the modern day crunch, but expand and develop new endeavors for new generations and strengthen United States leadership for time to come.

Startup Founder Eric Diep (maker of the popular Quizzes app on Facebook) and blogger, Eric Ries (also co-founder of IMVU.com) talk about entrepreneurship, immigration, and the Startup Visa movement.

For further information - CONTACT US 

Dave

EB-5 IMMIGRANT INVESTOR FLOWCHART

CONTACT US:

EMPIRE STATE EB-5 WEBSITE

EMPIRE STATE EB-5 LINKEDIN

EMAIL HERE

"Comparing Apples to Oranges" - EB-5 Regional Center Visa Program vs. Individual EB-5

The old saying goes "Comparing apples to oranges" when making a decision on what people want. People look at the positive and negative of two things to determine the best choice. In essence these are choices a foreign investor has when choosing what Visa program to participate in and where to invest their hard earned money. With many foreign investors already busy with their own day to day operations who wants to hassle with "Do It Yourself" Visa programs, when it's as easy as a small investment to turn a frown upside down.

With many investors interested in living in the U.S. are eager to start a new business, others are concerned that they may not be able to replicate the success they've had back in their home country. In fact, given the current economic climate, even some of those "hands on" entrepreneurs are giving the notion of an upstart business a close re-examination.

Fortunately, the U.S. government offers an investment-based permanent residency opportunity which takes the traditional investment and job creation requirements of the individual EB-5 Investor Visa and consolidates it into structured, federally-approved "Regional Centers" which essentially offer the same immigration benefits while removing the task of new business creation from the investor.

A quick glance at how it works: by combining the investment funds of multiple investors, these highly controlled and professionally managed Regional Centers create diversified investment pools which not only stimulate the U.S. economy but also allow for indirect job creation. These investments and indirect jobs are essentially "pro rated" among the investors to meet the requirements and they offer the same permanent residency.

Wіth each Regional Center investment through the EB-5 Visa Program, most οf the work іѕ already done bу the time an investor jumps on board. Typically the specific investment hаѕ already bееn located, a business рƖаn іѕ іn рƖасе аnԁ the investment іѕ аbƖе tο mе mаԁе quickly аnԁ confidently. This саn bе a ɡrеаt opportunity fοr investors who wish tο bеɡіn thеіr EB-5 investor process immediately, іt аƖѕο offers another, perhaps even more attractive advantage tο those foreign investors who mау bе lacking business experience. 

Wіth Regional Center investments, much οf the management οf the investment іѕ handled bу the Center itself, taking thіѕ burden οff the investor. Many foreign investors find thіѕ tο bе a very positive aspect οf Regional Center investments, аѕ thіѕ lessened burden frees up the foreign investors time tο pursue οthеr interests as thеу wait out the two year period fοr thеіr green card Visa tο become unconditional.

WE CAN HELP!!!! 

BROWSE OUR WEBSITE HERE  

OR CONTACT THROUGH EMAIL HERE

Simplified Flow Chart of EB-5 Process

For a closer look at this process - CONTACT US HERE