EB-5 Programs & Projects

USCIS issues Notice of Intent To Terminate the Victorville Regional Center Program, according to the below newspaper article.

https://eb5info.com/system/resources/18/original/VV_Daily_Press_10_-07-1...

www.eb-5center.com has recently started to provide legal and consulting services to qualified projects, by either for profit, non-profit or governmental entities, in the Los Angeles County area to attract EB-5 financing, using its extensive experience and in-depth knowledge of regional centers and EB-5 law.

We all know bad economy can adversely affect all kinds of industries. However, there are some industry areas that may be more severely affected by bad economy. Therefore, potential EB-5 investors would do well to avoid these types of industries.

One thing I found interesting about the below article on the City of Dallas Regional Center is that Chinese EB-5 investors might view a greater involvement by a city or state government as a positive sign. Imagine if the U.S. federal government itself, such as the Commerce Department, obtains a Regional Center designation?

According to Alabama Center for Foreign Investment, LLC (a designated regional center program), they were the first regional center in the nation -- as far as they are aware -- to get Iranians' I-526 petitions approved after Iranians' I-526 petitions became stalled around March 1, 2009.

The plant project in Alabama:

http://www.fox10tv.com/dpp/news/local_news/baldwin_county/big_day_for_hk...

http://www.google.com/hostednews/ap/article/ALeqM5iyjeSFKQLRI4fOTYyF_rvA...

http://www.wkrg.com/alabama/article/will-the-hk-plant-really-be-built/38...

PIDC Regional Center's LP 15 project involving Aker Shipping of the Navy Yard has recently received its first I-829 conditions removal approval. Aker is engaged in building large container vessels, which is critical to the competitiveness of American shipbuilding industry. We expect other I-829 approvals for LP 15 to follow.

Recently, LP 13 EB-5 project for the Philadelphia PIDC Regional Center Program, involving K.P. Grant/Home Hospice Care commercial building construction, has received its first I-829 approval. This makes 49 I-829 approvals spread among ten (10) EB-5 projects. Fortunately, this project did manage to create sufficient number of jobs for I-829 purpose, even during this tough economic times.

First I-829 has been approved for the Philadelphia PIDC Regional Center LP 14 (Agusta helicopters manufacturing company). This I-829 approval is the 42nd approval overall.

The updated track record of all I-829 approvals can be viewed at www.eb-5center.com/I-829_track_record.

On April 23, 2009, five more I-829 cases were approved for LP 3 and LP 9. Specifically, 3 more I-829s were approved for LP 9 EB-5 Project, while 2 more I-829s were approved for LP 3 EB-5 Project. These cases were originally submitted at TSC and had been pending there, but recently were transferred to CSC and adjudicated.