Canada Kills Immigrant Investor Program, Refunding Pending Cases

It looks like the U.S. EB-5 Program is getting an unintentional boost from our neighbors to the North: Canada has just announced that it is ending its Investor Visa program, which has been extremely popular in China and proved an insurmountable adversary to the more encumbered, complex EB-5 investor visa offered by the United States.  Calling the program a failure, Canada announced the closure of the program without much fanfare, stating as follows: “To eliminate the existing backlog, which is diverting resources away from better performing economic immigration streams, the Government intends to return applications and refund associated fees paid by certain federal Immigrant Investor Program and Entrepreneur Program applicants…” According to our Asia teams, this will represent a flood o…

Another Lake Point Investor EB-5 Investor from Vietnam Approved

Although Lake Point’s stream of steady I-526 approvals is established and is no longer a “news flash”, seeing the dream of U.S. residency realized for each of our investors never gets old.  It is particularly gratifying when one of our Vietnamese investor petitions gets approved without any USCIS questions or queries, and this further cements our commitment to becoming Vietnam’s most reliable and proven EB-5 offering. As we place investors in the final slots of Lake Point Capital Partners, the second and final tranche of Lake Point EB-5, our “Asia only” family of limited partners is seeing an influx of investors from Latin America, specifically from Brazil and Mexico.  We are thrilled with the cross section of entrepreneurs, professionals, and legacy investors from around the world who h…

USCIS Approves American Bridge Seattle Regional Center!

[PREFACE: As most of my readers know, I’m very wary of structuring new EB-5 Regional Centers and Projects.   While many of my colleagues are doing very brisk business with EB-5 formations, I have a real issue taking on an EB-5 structure unless I’m 100% satisfied with both the quality of the folks behind the deal AND the confidence that when it is finally approved by USCIS, the project will actually FIND INVESTORS.  The former issue of GP reputation is as much about protecting my OWN reputation as it is about protecting future investors; the latter issue of saleability is based upon the hard, cold reality that a tiny fraction of the 300+ — is it over 400 now? — USCIS approved EB-5 Regional Centers already on the market have succeeded in raising their first dollar.  I’m not interested…

New Contact Email for Lake Point EB-5

Well, it was only a question of time before some green-skinned, malevolent computer geek basking in anonymity would think to hack us…but they did.   I now have the dubious distinction of owning a domain which has flooded at least one nursing home with over 500 porn and spam emails within a few brief hours.  How’s that for “social networking”?  )-: The culprit email address has been shut down but we haven’t had time to update the site yet to reflect the new one, so please email me directly for any questions regarding AVSRC and Lake Point EB-5. Good grief. Happy holidays to all, Jose…

2013 Lake Point EB-5 Redux, Better Late than Never!

Folks, I know I’ve been as quiet as a church mouse — online anyway — but this fall has been one big Rock ‘Em/ Sock ‘Em season of high fives all around: Lake Point EB-5 approvals have continued to steamroll in since our #1 approval came in September, with a total of 7 Lake Point EB-5 I-526s approved for investors from China, Vietnam, and Russia so far…and no denials. USCIS approved the Lake Point Capital Partners I-924 Amendment, assuring our second and final tranche investors of the USG’s approval and acceptance of our industry-leading protocols designed to both secure PERMANENT residency for our EB-5 partners AND maximize their ROI through judicious stewardship of their investment dollars. Lake Point’s Managing Director, Jud Laird, and I just returned from closing* Lake Point Capi…

SUCCESS IN CHINA!! Lake Point EB-5’s First Chinese I-526 Approved!

American Venture Solutions Regional Center and Lake Point EB-5 extend our hearty congratulations to our THIRD approved EB-5 investor, who has patiently waited for over one year for their approval.  Like I-526 approvals numbers 1 and 2, this third approval was issued without a Request for Evidence.  For me, on a personal level, it is wonderful to see our first Chinese investor approval, given the tremendous time and effort so many of us have put into the world’s most important EB-5 market. As our regular readers know, Lake Point EB-5 finally got “unstuck” at the very over-burdened USCIS EB-5 adjudications office after a year and a half of waiting.  Today’s approval strengthens our faith that our pipeline of pending Lake Point EB-5 I-526s will move along more swiftly, now that USCIS adjud…

Lake Point EB-5 gets SECOND I-526 Approval Without RFE!

I told you Friday about our first Lake Point EB-5 investor getting their I-526 approved without an RFE; turns out Lake Point EB-5 investors #1 AND #2 were BOTH approved on Friday, with neither generating an RFE from USCIS.  Thanks and hats off to Laguna Niguel! (-: For more information on the only Forbes 400 owned and managed EB-5 opportunity, visit American Venture Solutions Regional Center and contact me if you need further information. Just planned next two Asia trips and we’re looking to zip Lake Point EB-5 up ASAP! Jose…

BIG NEWS!!! Lake Point’s First I-526 EB-5 Investor Approved!!

It took more than a year and a half, dozens of follow-up inquiries, and a lot of patience but Lake Point EB-5 just got our first I-526 approval!!  The investor is from Vietnam…and the approval was WITHOUT an RFE! We extend our congratulations to our wonderful, PATIENT client, to the many colleagues and immigration agents who have patiently waited for Lake Point’s first EB-5 approval, and to the still-underfunded, sequester-impaired USCIS which continues to do its best to work its way through the massive backlogs they face. On a personal note, I am literally light-headed.  Getting an investor to stay on board for a full year longer than the original estimated time of approval is a formidable task; I am so happy that our client’s trust was not misplaced. (-: Press release soon but a quic…