President Obama Signs Extension of EB-5 Program

(Source: The White House)  On September 28, 2012 President Obama signed S.3245, a bill which extends to September 30, 2015 the authorization of the EB-5 Regional Center Program, the E-Verify Program, the Special Immigrant Non-minister Religious Worker Program, and the Conrad State 30 J-1 Visa Waiver Program for the next three years.

See statement here - September 28, 2012, the President signed into law

US House passes three year extension of EB-5 regional center program

On September 13, 2012, the U.S. House of Representatives passed S. 3245 (412-3) – which includes a three year re-authorization of the EB-5 Regional Center Program through September 2015.  Having passed by the Senate on August 2, the bill is now on its way to President Obama for signature – likely later this week.  Judiciary Committee Chair Lamar Smith (R-TX), Immigration Subcommittee Ranking Member Zoe Lofgren (D-CA), Representative Rick Larsen (D-WA), and Representative Peter Welch (D-VT) all spoke in favor of the EB-5 Regional Center Program re-authorization.

Check progress here - http://www.govtrack.us/congress/bills/112/s3245


 

EB5 Visas Issued as of June 2012

On July 11, 2012, Charlie Oppenheim, Chief of Visa Control at the State Department, provided the FY2012 Employment-Based Fifth preference (EB-5) issuance totals for the top five countries (89%), for the period October through June. 4,813 EB-5Visas have been issued up to date with top 5 countries as follows: China, Korea, Taiwan, Venezuela, Iran. 77% EB-5 visas have been issued to Chinese nationals from the Mainland China. He expects that the FY2012 EB-5 visa usage will be approximately 6,200. See illustration for breakdown in percentage of the top five countries and others.

For more information about EB-5 programs investment opportunities or capital lending structure, contact us today. 

Empire State EB5

Tel: (866) 763-6515

WEBSITE HERE or EMAIL HERE

 

 

 

New York City Trip meeting with Project Developers

Empire State EB5 is traveling this week and will be attending business in New York City. Meeting with potential clients who have exceptional projects that range from the Healthcare industry to the Entertainment industry. So far discussions have gone very well with these projects could create a much needed stability - JOBS!!!

Empire State EB5 is open for to discuss how EB5 financing can help your project development move forward. Contact us now!

CONTACT US TODAY!

2815 Monroe Avenue, Suite 2100
Rochester, New York 14618
Tel: (866) 763-6515

WEBSITE HERE or EMAIL HERE

NYS DOT I-86 Highway Project and Rock Hill Town Center

Empire State EB5 (Rock Hill Regional Center) recently met with Artisan Business Group and the Rock Hill Town Center (RHTC) project developers at the Rock Hill Town Center future site in Rock Hill, NY. We walked the location with all accompanying parties, great discussions, and determined our next plan of action. The Rock Hill Town Center is a ground up development project funded with EB-5 investment through the Rock Hill Regional Center. Located in Rock Hill, NY, Sullivan County, this will be the largest project of its kind ever in the area. The area is seeing dramatic economic growth and foresees more growth and demand to increase in the surrounding areas.  One major point to note is the huge highway construction project that is happening as we speak. NYS DOT (New York State Department of Transportation) is spending over $100 million dollars to improve the  I-86 project as well as exit 107 - 109 at Rock Hill.

Here are a few highlights of the highway conversion of Route17 and Interstate 86 in Sullivan County, New York.

1. On the drawing board for almost 20 years, NYS DOT has ramped up construction due to site development and other county drivers.
2. Interstate 86 will be elevated over 60 feet near the base of RHTC site
3. A dangerous curve is being removed to improve the flow traffic
4. The interchange will revamp Rock Hill Town Center site visibility and awareness.

More information on RT 17/I-86 project visit - NYS DOT WEBSITE HERE

For more Rock Hill information & pictures visit - ROCK HILL REGIONAL CENTER HERE

Last weeks EB-5 Ohio Trip

Early last week Empire State EB-5 was invited to Ohio to meet with Ohio International Fund and other representatives in the state of Ohio. The meetings discussed future sharing of tasks and responsibilities for Empire State EB-5 and Ohio International Fund to become more efficient and cost effective with current and future clients. Some points of interest discussed were streamlining the projects process and effectively positioning clients in the right direction regarding EB-5 services. Empire State EB-5 believes these relations will strengthen the overall process when deliberating EB-5 discussions. We want extend our thanks to the Ohio International Fund and others.

Do you have projects that need help with financing in New York or Ohio? Contact us now to see if we can help.

2815 Monroe Avenue, Suite 2100
Rochester, New York 14618
Tel: (866) 763-6515

WEBSITE HERE or EMAIL HERE

EB5 Overseas Funding Conference = SUCCESS!

Empire State EB-5 wants to congratulate and commemorate the organization and streamline event that Overseas Funding held last week. The conference had a great turn out and we were introduced to some exceptional EB-5 experts from around the globe. The speakers were informative and thorough with their content and presentation. The conference participants asked terrific questions and the experts were precise and clear in their answers. Empire State EB-5 was approached by many Chinese nationals in regards to our current projects details. Overall the whole seminar was success a for the Empire State EB-5 team and thank again to all the organizers and sponsors of the event. We look forward for the next one!

 

Audience from all over the country and other countries

Why Chinese investors attract interest in EB-5 Regional Center program

We have seen increasing demand for EB-5 visas from the Chinese investor market in the past couple years and it shows this trend will continue to magnetize investment from Chinese nationals in years to come. This is terrific news to many EB-5 regional centers and project developers, especially for hotel and real estate developments.

The reasons for Chinese investment in quite simple:

1. Put their children in some of the best American schools without the rigorous competition back in China
2. Securing funds in US bank accounts to avoid potential risks in China
3. More consumption (a new home, car, etc.) without spending too much money
4. Leave the corrupt Chinese officials behind
5. Enjoy a healthy and peaceful lifestyle without worrying about environmental hazard

We have projects that have investment opportunities. Contact us NOW!

2815 Monroe Avenue, Suite 2100
Rochester, New York 14618
Tel: (866) 763-6515

WEBSITE HERE or EMAIL HERE

USCIS releases "Guidance" tenant occupancy practice

USCIS released  "Guidance on EB-5 adjudications involving the tenant-occupancy methodology" 

View link below for release, as well as posted to the USCIS website.


 

Tenant-Occupancy Release HERE 

Review and Photos of 2012 EB-5 Investment Summit NYC

2815 Monroe Avenue, Suite 2100
Rochester, New York 14618
Tel: (866) 763-6515

WEBSITE HERE or EMAILHERE

Empire State EB-5 wants to thank Artisan Business Group for holding a positive seminar on EB-5. We also want to thank all the speakers and VIP guests which include Ron Klasko, Jeff Carr, Ronnie Fieldstone, Joseph Whalen, Kevin Wright, Joseph McCarthy, Dr. Scott Barnhart, Jo Ann Clark, John Jiang of Micon Int'l, Hong Yu of Wailian, John Li of EB5Supermarket.com.Empire State EB-5 gained a great deal of insight on what and where the EB-5 program is headed. We networked and mingled with the crowd and received some terrific connections at the event. Empire State EB-5 tips our hats to Brian Su who pulled off another extremely well organized event for the EB-5 community and new individuals entering the field. 


Here are some photos speakers and attendees from the 2012 EB-5 Investment Summit: Dealmakers Conference NYC.

Speaker Ronald Klasko:
Mr. Klasko (Ron) is recognized by businesses, universities, hospitals, scholars, investors and other lawyers as one of the country’s leading immigration lawyers.  A founding member of Klasko, Rulon, Stock & Seltzer, LLP and its Managing Partner, he has practiced immigration law exclusively over three decades.

Speaker Jeffrey Carr:
Mr. Carr has nearly 30 years of experience in economic analysis, economic forecasting, regional economic and fiscal impact analysis, financial analysis, economic-tax revenue forecasting, and preparing and presenting state economic-fiscal data to Wall Street bond rating agencies.

Speaker Ronald Fieldstone:
Mr. Fieldstone is a member of the Real Property, Probate and Trust and the Tax Law Sections of The Florida Bar. He served as a panel member of the American Arbitration Association for 17 years and is a title agent of several title insurance companies. Mr. Fieldstone has published numerous articles and has been a lecturer in the fields of real estate, corporate, tax and franchise law for the past 30 years. He practices in the areas of real estate, corporate and taxation, with a specific emphasis on the corporate and tax planning of complex real estate transactions.

Participants from over 40 states and China

Audience from all over the country and China

2012 EB-5 Investment Summit: Dealmakers Conference April 27, 2012

2815 Monroe Avenue, Suite 2100
Rochester, New York 14618
Tel: (866) 763-6515

WEBSITE HERE or EMAIL HERE

Empire State EB-5 will be attending the 2012 EB-5 Investment Summit being held at the Hilton New York, New York City on Friday, April 27, 2012. There are well know speakers through out the EB-5 industry with creditable experience and knowledge that will be touching on some key objectives and issues surrounding the EB-5 process. Empire State EB-5 is excited in the opportunity to meet with the regulars and new people who are in the forefront of the EB-5 processing. We have attended other events hosted by Artsian Business Group, Inc. - Brain Su and have always walked away with a great learning experience and introductions to exceptional business professionals.

To read more of the event or for registration go here -  

EB-5 New York Summit