05:23
Darren Silver & Associates
Victorville Investor Agrees to Forfeit Processing Fee: According to recent reports, Yin-Yang Dong, an Asian investor in the Victorville, CA EB-5 Immigrant Investor program has agreed to forfeit $50,000 so that the $500,000 he loaned to the city through the now defunct EB-5 program can be recovered.
Las Vegas Conference Features EB-5 Program: A recent two-day conference about the EB-5 program held in Las Vegas, NV, was a resounding success with nearly 200 real estate developers, lawyers, regional center executives and sponsors attending. Those regional center executives attending the conference included George Ekins, CEO of American Dream Fund, which manages the Los Angeles Regional Center and the Las Vegas Regional Center, and Robert Hobbs, VP of R.H. Hobbs and Century American Regional Center, which is currently pending USCIS approval.
National Lobbying Group Hopes to Make the EB-5 Program Permanent: A new national association hopes to make the EB-5 investor program permanent. The program, which was not originally intended to last in perpetuity, may become a permanent fixture in immigration law, if the Association to Invest in USA has its way. Sen. Patrick Leahy (D-VT) may soon introduce a bill that would eliminate the EB-5 program’s sunset date (September 30, 2012), as well as make other revisions to the immigrant investor visa program.
The Association to Invest in USA is based in Chicago, IL and has 114 members, including the Metropolitan Milwaukee Association of Commerce.
Las Vegas Conference Features EB-5 Program: A recent two-day conference about the EB-5 program held in Las Vegas, NV, was a resounding success with nearly 200 real estate developers, lawyers, regional center executives and sponsors attending. Those regional center executives attending the conference included George Ekins, CEO of American Dream Fund, which manages the Los Angeles Regional Center and the Las Vegas Regional Center, and Robert Hobbs, VP of R.H. Hobbs and Century American Regional Center, which is currently pending USCIS approval.
National Lobbying Group Hopes to Make the EB-5 Program Permanent: A new national association hopes to make the EB-5 investor program permanent. The program, which was not originally intended to last in perpetuity, may become a permanent fixture in immigration law, if the Association to Invest in USA has its way. Sen. Patrick Leahy (D-VT) may soon introduce a bill that would eliminate the EB-5 program’s sunset date (September 30, 2012), as well as make other revisions to the immigrant investor visa program.
The Association to Invest in USA is based in Chicago, IL and has 114 members, including the Metropolitan Milwaukee Association of Commerce.
