EB-5

EB5 Capital Investor Obtains First Permanent Green Card Approval in 331 N (JF21) Project

Retrieved on: 
fredag, maj 31, 2024

WASHINGTON, May 31, 2024 (GLOBE NEWSWIRE) -- EB5 Capital is happy to report the first I-829 petition approval in its 331 N (JF21) project, a 356-unit multifamily development in Washington, DC.

Key Points: 
  • WASHINGTON, May 31, 2024 (GLOBE NEWSWIRE) -- EB5 Capital is happy to report the first I-829 petition approval in its 331 N (JF21) project, a 356-unit multifamily development in Washington, DC.
  • “We are sincerely happy for all the EB-5 investors involved in this project,” said Nhat Huynh, Vice President of Investor Relations at EB5 Capital.
  • The 331 N (JF21) project, which received this approval, was completed in 2021 and generated over 900 EB-5 qualifying jobs for the local economy.
  • EB5 Capital helped finance this project along with approximately 20 other EB-5 projects in the nation’s capital.

EB5 Capital Receives I-956F Approvals for San Luis Obispo Marriott Hotels (JF31) and SouthFace Village at Okemo (JF36) Projects

Retrieved on: 
torsdag, maj 30, 2024

Since the EB-5 Reform and Integrity Act of 2022 (RIA) was enacted, EB5 Capital has obtained Form I-956F project approvals across a total of nine EB-5 projects.

Key Points: 
  • Since the EB-5 Reform and Integrity Act of 2022 (RIA) was enacted, EB5 Capital has obtained Form I-956F project approvals across a total of nine EB-5 projects.
  • These Form I-956F approvals signify that USCIS, the government agency that oversees the EB-5 Immigrant Investor Program, has assessed, and verified the compliance of the EB-5 project.
  • San Luis Obispo Marriott Hotels (JF31), the other EB5 Capital project recently approved by USCIS, is a four-story Marriott dual-branded Residence Inn and SpringHill Suites hotel in San Luis Obispo, California.
  • Now that both projects are approved with USCIS, EB5 Capital is looking forward to receiving individual I-526E petition approvals soon.

CEO UPDATE

Retrieved on: 
torsdag, maj 30, 2024

We also aim to handle 70% of Mescaline (psychedelic plants) production and 50% of Psilocybin and Psilocyn production taking place within the DEA’s program.

Key Points: 
  • We also aim to handle 70% of Mescaline (psychedelic plants) production and 50% of Psilocybin and Psilocyn production taking place within the DEA’s program.
  • With the support of CEADL, I’m ecstatic to announce we are in the final stages of preparation to begin production at the existing facility.
  • With the current EB-5 push, we aim to deliver initial production by end of the first quarter of 2025.
  • The plan is to start with the cannabis offerings and trials for our opium plants if we receive all necessary approvals in time.

Peachtree Group Secures Rapid USCIS Approval for EB-5 Funded Home2 Suites by Hilton Development

Retrieved on: 
tisdag, maj 28, 2024

Peachtree Group ("Peachtree") has received its I-956F approval from the United States Citizenship and Immigration Services ("USCIS"), the government agency that oversees the EB-5 Immigrant Investor Program, for the development of a Home2 Suites by Hilton in Boone, N.C.

Key Points: 
  • Peachtree Group ("Peachtree") has received its I-956F approval from the United States Citizenship and Immigration Services ("USCIS"), the government agency that oversees the EB-5 Immigrant Investor Program, for the development of a Home2 Suites by Hilton in Boone, N.C.
  • View the full release here: https://www.businesswire.com/news/home/20240528327069/en/
    Peachtree Group ("Peachtree") has received its I-956F approval from the United States Citizenship and Immigration Services ("USCIS"), the government agency that oversees the EB-5 Immigrant Investor Program, for the development of a Home2 Suites by Hilton in Boone, N.C. (rendering pictured) (Photo: Business Wire)
    USCIS adjudicated the I-956F petition for the hotel development in just five months.
  • Peachtree originated $21.7 million of fixed-rate construction financing over a five-year term for Narsi Properties to develop a 105-room Home2Suites by Hilton near downtown Boone.
  • "This hotel development is expected to create roughly 328 jobs."

Aemetis to Present to Institutional Investors at UBS, JP Morgan and Stifel Conferences to Review Recent Federal Approval of $200 Million of EB-5 Funding for SAF, Biogas, and CCS Projects

Retrieved on: 
tisdag, april 23, 2024

The presentation will include a review of the recent federal U.S.

Key Points: 
  • The presentation will include a review of the recent federal U.S.
  • Citizenship and Immigration Services (USCIS) approval of $200 million of EB-5 funding for Aemetis sustainable aviation fuel, dairy renewable natural gas, and carbon sequestration projects.
  • An aggregate of $3.8 billion of offtake agreements have been signed with ten airlines for SAF supply.
  • With the expansion of these businesses, Aemetis plans growth to more than $1.9 billion of revenues and $645 million of EBITDA in the fifth year of the current Aemetis Five Year Plan.

EB5 Capital Begins Receiving I-829 Approvals for The Coliseum (JF10)

Retrieved on: 
torsdag, april 11, 2024

USCIS issues I-829 approvals, or permanent residency, to investors who have met USCIS’s stringent vetting requirements and demonstrated that their EB-5 investment created at least ten full-time jobs for the US economy.

Key Points: 
  • USCIS issues I-829 approvals, or permanent residency, to investors who have met USCIS’s stringent vetting requirements and demonstrated that their EB-5 investment created at least ten full-time jobs for the US economy.
  • Receiving an I-829 petition approval is a significant milestone in the EB-5 immigration process, as it permits continued residence in the U.S. without conditions or restrictions and opens a path to citizenship for EB-5 investors.
  • “I-829 petition approval represents the final step towards obtaining permanent residency for investors and their families,” said Natalia Pronina, EB5 Capital’s Vice President of Investor Relations.
  • “The Coliseum was the first of EB5 Capital’s six EB-5 projects in NoMa, all located within several short city blocks of one another,” said Juline Kaleyias, EB5 Capital’s Vice President of Business Development.

Rural Missouri Hospital Under Construction Thanks To American Lending Center Financing

Retrieved on: 
onsdag, maj 1, 2024

A hospital in rural Missouri broke ground on April 4, 2024, thanks in part to American Lending Center and its emphasis on rural healthcare.

Key Points: 
  • A hospital in rural Missouri broke ground on April 4, 2024, thanks in part to American Lending Center and its emphasis on rural healthcare.
  • Harrison County Community Hospital District in Bethany, Mo., launched the $75 million, two-year construction project this week.
  • It will replace a 1955 hospital that doesn’t meet current code requirements and has infrastructure so old it cannot be further upgraded.
  • This hospital project qualifies for the federal EB-5 program by creating jobs – 453 construction jobs in this case -- in a rural area.

CIVITAS CAPITAL GROUP SUES USCIS FOR "ASTOUNDING" EB-5 FILING FEE INCREASE

Retrieved on: 
torsdag, april 25, 2024

The lawsuit asks the court to set aside the EB-5 fee increases until USCIS has completed a required fee study and otherwise complied with applicable law.

Key Points: 
  • The lawsuit asks the court to set aside the EB-5 fee increases until USCIS has completed a required fee study and otherwise complied with applicable law.
  • USCIS' rule increased fees for EB-5 filings across the board, failing to even distinguish between costs for large filings versus one-page forms.
  • We will prove this fee is egregious, but at least they're charging it for reviewing a substantive filing," Healy said.
  • Healy, a member of the IIUSA Board of Directors, says this unheard-of USCIS fee increase is unfair to investors, the backbone of the job-creating machine that is the EB-5 program.

Why H-1B Visa Professionals are Turning to the EB-5 Visa Program for Permanent Residency

Retrieved on: 
tisdag, april 16, 2024

The EB-5 visa program grants U.S. permanent residence (green cards) to immigrants who invest a minimum of $800,000 for 5 years in projects sponsored by United States Citizenship and Immigration Services (USCIS) licensed regional centers.

Key Points: 
  • The EB-5 visa program grants U.S. permanent residence (green cards) to immigrants who invest a minimum of $800,000 for 5 years in projects sponsored by United States Citizenship and Immigration Services (USCIS) licensed regional centers.
  • EB-5 visa applicants can anticipate receiving their conditional green cards within approximately 24 months.
  • Learn more about the EB-5 visa.
  • These provisions enable H-1B visa professionals to reside and work in the United States while their EB-5 visa application awaits adjudication without employment sponsorship.

JTC Announces Virtual Event on EB-5 Capital Markets and Fundraising Strategies

Retrieved on: 
torsdag, april 11, 2024

SAN JOSE, Calif., April 11, 2024 /PRNewswire-PRWeb/ -- JTC has announced an in-depth virtual forum featuring discussions on the present and future of the EB-5 Immigrant Investor Program. The event is scheduled for April 17th and will be presented virtually so attendees can join from around the globe. Titled, "The New Era of EB-5: New Frontiers for Regional Centers," the webinar will focus on recent changes to EB-5 and evolving strategies for both issuers and investors.

Key Points: 
  • SAN JOSE, Calif., April 11, 2024 /PRNewswire-PRWeb/ -- JTC has announced an in-depth virtual forum featuring discussions on the present and future of the EB-5 Immigrant Investor Program.
  • The event is scheduled for April 17th and will be presented virtually so attendees can join from around the globe.
  • In North America, JTC provides purpose-built solutions to institutional and private clients, allowing US-based clients to expand overseas and international clients to enter US markets.
  • The details of the event are:
    The New Era of EB-5: New Frontiers for Regional Centers Webinar