EB-5 Extension Update from Sam at ILW.COM FROM SAM UDANI IN TODAY’S DAILY ILW NEWSLETTER: Comment – First Hurdle Clear For EB-5 – Late Thursday night, the Senate unanimously passed an amended S. 3245, sponsored by Patrick Leahy (D-VT) and Charles Grassley (R-IA), which reauthorizes four immigration-related policies for three years. This includes a renewal of the EB-5 investor visa category and the E-Verify program, a workplace verification system used to determine whether a job applicant is legally present in the country. The bill extends certain medical professional and religious worker visa categories as well. The House is already on recess, but will take this up via suspension of the rules, meaning there will be no floor debate, in early September. The bill should pass the House. The makeup of the chamber suggests that, even if… Continue Reading →
HLG Marketing New St. Kitt’s Park Hyatt Investor Passport Program Harvey Law Group is pleased to announce that the firm has been given exclusive territorial rights for China and Vietnam for the stunning new Park Hyatt St. Kitts. St. Kitt’s is the preferred jurisdiction for international investors who seek more than third country permanent residency and prefer an investment opportunity which secures them a new passport in a trusted sovereign jurisdiction.St. Kitts is today’s preferred choice for such folks, offering a stable economic climate and the best designed renationalization program we’ve seen. Range Developments is developing Park Hyatt St. Kitts, which will be an ultra-luxury 5 star resort hotel. Set within the breathtaking landscape of the Christophe Harbour resort community and surrounded by world class amenities including… Continue Reading →
Senate Passes EB-5 Extension Before Recess FROM AILA:S. 3245, introduced by Sen. Leahy (D-VT) on May 24, 2012, provides an extension of:EB-5 Regional Center programE-VerifySpecial Immigrant Nonminister Religious Worker ProgramConrad State 30 J-1 Visa Waiver programOn August 2, 2012, the Senate passed S. 3245 with unanimous consent. The bill was amended to provide a 3-year extension of the four programs.… Continue Reading →
E(BS)-5: The New Visa Category It’s been awhile since I’ve decanted the last batch of misleading, dishonest EB-5 deals beings marketed in China and the Far East for you guys. In Florida, we’re wearing thigh–high rubber waders at this point to navigate the muck. Since they taught us in law school that truth is an incontrovertible defense to an accusation of defamation, and since I’ve been reviewing a lot of creepy EB-5 offerings these past few months, I expect I’ll be uncorking some of that decanted truth for you in the near future. (-; J… Continue Reading →
A Negative Sovereign Rate of Return A lot of people believe I’m being Mr. Hyperbolic when I say that international investors are FRANTIC for safe markets. This is why more Chinese are asking me even more about direct investment than they are about EB-5!I’m connecting in Dallas to head home and just saw an article in today’s USA TODAY: in the wake of the Euro fears, super stable Germany just auctioned 5 billion Euros…at a NEGATIVE 0.06% ROI! See the picture…and invest in America fer cryin’ out loud!!… Continue Reading →
St. Kitts & Nevis Yacht Visits Booming As many of our international readers know, Harvey Law Group is now offering the St. Kitts & Nevis immigrant investor program, one of the few which goes beyond offering residency for investors and actually offers investors nationality in the country, issuing them passports. My HLG partners Mikael Charette and Catherine Dulude just returned from Dubai, where they met with Kittitian authorities to discuss the program as relevant to HLG clients in China and Vietnam.While I’m still beating the Lake Point EB-5 drum loudly and will do so until our 40th investor slot is funded, the St. Kitts option is becoming increasingly attractive to our very high net worth clients concerned about the tax implications of US residency.Well, the Kittitian appeal goes beyond its migration program: according to… Continue Reading →
Lake Point 4th of July Newsletter …from Lake Point Restoration Freedom is nothing but a chance to be better. ~Albert Camus On Independence Day many Americans are taking time to reflect on the principles and values that define our great nation. We are grateful each day for the opportunities that freedom allow us to have. Along with our Freedom comes the opportunity to be free thinking and the opportunity to be the best we can be. At Lake Point Restoration, we appreciate the opportunity to work with you and wish you continued success in your ventures. Quality Products Strategic Location Unique Public-Private Partnership Located on SR 76 in the heart of Port Mayaca, FL, just 9 miles west of the Beeline (SR710) Highway, Lake Point Restoration is an FDOT Certified Mine #89-673. W… Continue Reading →
You Want GLOBAL Immigration News? HLG HAS IT! 1. CANADA Greek misery could mean Canadian immigration gains – June 25, 2012 http://www.vancouversun.com/Greek+misery+could+mean+Canadian+immigration+gains/6835090/story.html It was never Greece’s intent, but it has inadvertently provided a generation of talented young Greeks with the means to escape from the country’s rapidly shrinking economy. Greece’s calamity may be Canada’s opportunity. Ottawa intends to take in 250,000 immigrants this year, with plans for a much stronger focus on those who speak English or French well and who have higher educations from recognized schools. In doing this, Canada is following the lead of Australia, which has been targeting similar people for several years. By teaching its young people English well and providing many of them with a heavily subsidized … Continue Reading →