GMRC is currently sponsoring one EB-5 project. The project is the second phase of a successful luxury vacation home community, and is attracting buyers from major population centers in northeast United States, including New York, New Jersey, Connecticut, Massachusetts and Pennsylvania. It is a proven luxury home development with over 24 townhomes already having been sold in the first phase. The second phase will include new townhomes, mountain chalets, an owners lodge with luxury suites, a health club and other owner amenities.
The March 2020 Visa Bulletin has just been released, and the EB-5 Final Action Date for mainland China under Chart A jumped nearly half a year, from December 1, 2014 to May 15, 2015. Chart B also leapt forward from May 15, 2015 to December 15, 2015. If USCIS announces in 1-2 weeks that Chart B is applicable to Employment-Based Preference Filings, it will open the door for EB-5 investors who are on eligible non-immigrant status in the U.S. to obtain the red “combo card” that allows them to work and travel.READ MORE
IIUSA published a new comprehensive report titled: EB-5 Visa Bulletin Analysis – Special Insights from the U.S. Department of State and the Quantitative Perspectives from IIUSA on the Movement of EB-5 Final Action Dates for Chinese Visa Applicants. IIUSA members can download the full report here.READ MORE
Indians in Donald Trump’s US are staring at problems far bigger than his recent immigration move. On Tuesday (April 21), the US president said that in the wake of the coronavirus crisis, he plans to suspend for 60 days the immigration process for people seeking permanent residency.READ MORE
DISCLAIMER: THIS IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES. ANY OFFER TO PARTICIPATE IN ANY SPONSORED PROJECT MAY ONLY BE MADE PURSUANT TO A WRITTEN OFFERING MEMORANDUM. ANY SALE IN A SPONSORED PROJECT SHALL BE EVIDENCED BY A SUBSCRIPTION AGREEMENT EXECUTED BY A FOREIGN NATIONAL AND WILL BE OFFERED AND SOLD, TO THE EXTENT APPLICABLE, BOTH WITHIN AND OUTSIDE OF THE UNITED STATES IN RELIANCE ON EXEMPTIONS FROM REGISTRATION UNDER THE SECURITIES ACT, STATE LAWS AND THE LAWS OF JURISDICTIONS WHERE THE OFFERING WILL BE MADE.