Month: October 2013

Group Holds Roundtable Discussions on Securities Best Practices with U.S. Regulatory Agencies & Dept. of Commerce   Following the IRCTC action and an increased concern about the practices of raising capital by unregistered firms and persons, fraud and misrepresentation in the EB-5 program, a group of securities attorneys, broker dealers and investment advisors met with … Read moreGroup Holds Roundtable Discussions on Securities Best Practices

The Office of the Citizenship and Immigration Services Ombudsman (Ombudsman’s Office) held a stakeholder meeting on the EB-5 Immigrant Investor Program on March 5, 2013.  Opening Remarks      Ombudsman Maria Odom began her remarks by emphasizing that the purpose of the meeting was to discuss solutions to challenges in the EB-5 Immigrant Investor Program. … Read moreEB-5 Stakeholder Meeting Executive Summary

Immediately following the four presentations, subject matter experts from the SEC were available to answer a wide range of questions from the callers.    Question: Let’s think in terms of a non-regional center program for a moment. This is going to be a $4 million to $5 million investment. The people in the United States are using … Read moreEB-5 Engagement with the SEC – The Questions & Answers

USCIS & SEC Hold Intra-Agency Conference Call on Securities Issues Related to the EB-5 Investor Visa Program   U.S. Citizenship and Immigration Services (USCIS) and the Securities and Exchange Commission (SEC) invited interested individuals to participate in a stakeholder teleconference to discuss the EB-5 Immigrant Investor Program. It was held April 3, 2013. During the engagement, subject … Read moreSEC DISCUSSES EB-5

Implications under the U.S. Foreign Corrupt Practices Act   by STEVEN BLAYNEY, Esquire   It has been alleged that in some cases some EB-5 regional center projects, in order to gain a competitive advantage in the Chinese market, may pay substantial commissions to Chinese emigration agents in China without informing Chinese investors of such commissions. In the case of … Read moreEB-5 Regional Center Payments to Chinese Emigration Agents

Vantage Pointe Investments, developers of assisted living communities and luxury apartment communities throughout the Southeast, had utilized conventional funding for capital stack needs in much the same manner and from most of the same types of sources used by all developers. When the economy began changing in 2008, we began looking for alternate sources of … Read moreLessons I Learned From My First EB-5 Capital Raise: A Developer’s Perspective

     In China today, immigration agents know that after Spring Festival there will really be a New Year to think about. A new crop of 60+ EB5 projects are on their way to Chinese EB5 investors. EB5 agents are even now commenting about the sheer size and efforts needed to analyze (or most likely not) … Read moreThe Great Wall in immigration falls a bit every month to CEO size agent comp. packages