Oakland looking to use EB-5 program in order to fund new ball park

Posted on January 24th, 2012 No Comments

The building of the new ballpark for the Oakland A’s has been put on hold because state lawmakers are now allowed to seize money that was meant for redevelopment. Now, officials with the ballpark are looking to use the EB-5 program in order to finance the project.

The EB-5 program is an immigration program that is used by foreign investors in order for them to receive a green card to the U.S. by investing at least 500,000 into an American business. In areas with higher employment, an investor must put at least $1 million into the project.

The project must also create at least 10 full time jobs. This project includes the Victory Court ballpark and a Coliseum City Project which will include hotels, shops, a convention center, and new sports facilities.

If you or a loved one has bee interested in learning more about the EB-5 immigration program and becoming a foreign investor, you need representation on your side that may be able to help you through this process step by step. Contact the EB-5 visa services lawyers of White & Associates by calling 818-730-3540 today.

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EB-5 program considered for use in Saco

Posted on January 17th, 2012 No Comments

The city of Saco is now determining whether or not the EB-5 immigration program will be used to fund projects in the area in order to boost the economy and job market in the area.

The EB-5 immigration program was created in 1990 by Congress in order to help jump start depressed areas of the economy. The program allows a foreign national to invest at least at $500,000 into an American business. The business project must create at least 10 full-time jobs.

A half-day conference was held in Saco in order to discuss the EB-5 program. No commitments were made in the meeting because the goal was just to inform others on the process. Some officials feel the this program could help generate capital in the state of Maine, which will in turn boost the economy.

If you or a loved one has been interested in receiving residency in the U.S., you need representation on your side that can inform you on the project step by step. Contact the EB-5 lawyers of White & Associates by calling 818-730-3540 today.

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Hesperia may receive EB-5 center

Posted on January 10th, 2012 No Comments

Chances that Hesperia will receive an EB-5 center, in order to help them create local jobs by allowing foreign investors to give funds to American business in exchange for residency, are looking good.

It has been said that the American Franchise Regional Center has received the federal go ahead to build an center there this summer. The EB-5 immigration program requires that foreign nationals invest at least $500,o00 into a new or struggling business so that at least 10 full-time jobs will be created.

This program was introduced in 1990 and has seen an increase in applicants in recent years. Officials are hoping that projects using the EB-5 program will be used in 2012.

If you or a loved one has been considering using the EB-5 program in order to receive residency in the U.S., you need experienced representation your side that can explain this process to you step by step. Contact the EB-5 immigration lawyers of White & Associates by calling 818-730-3540 today.

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Northern New York using EB-5 in future programs

Posted on January 4th, 2012 No Comments

The EB-5 program is scheduled to be used in multiple projects in Northern New York as officials begin to set them up.

The program was created by Congress in order to create jobs for Americans and it is available to use in areas with high unemployment rates.

Last spring, Northern New York was approved to use this program. This program allows foriegn people to invest at least $500,000 into American business in order to receive a residency in the country. The visa lasts for two years, but can be extended.

If you or a loved one has been consideirng the EB-5 program in order to receive residency in the U.S. and you would like to learn more on the topic to find out what EB-5 is and how you can obtain this. Contact White & Associates today by calling 818-730-3540.

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EB-5 applicants quadrupled over past two years

Posted on December 28th, 2011 No Comments

The federal investor program called the EB-5 immigration visa program has gained a lot of popularity recently and the number of applicants has now quadrupled in the past two years to 3,800 applicants. This program allows a foreign investor to put money into an American business that creates at least 10 jobs.

Projects that are used in the EB-5 program include shipyards, factories, and resorts. The program was created in the 1990s by Congress in order to help depressed areas across the country and create jobs for Americans.

The investment into American business must be at least $500,000( in areas of high unemployment) or $1 million in other areas.

If you or a loved one has been considering using the EB-5 program, you need experienced representation on your side to walk you through the process. Contact the EB-5 immigration lawyers of White & Associates by calling 818-730-3540 today.

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EB-5 program being used to build new marina in Florida

Posted on December 20th, 2011 No Comments

A new marina will be built in Port Charlotte and the EB-5 visa program will be used in order to help fund the project.

This new marina will help to jump start the economy in this depressed area by creating nearly 500 jobs. The unemployment rate in the area is 27.8 percent. The federal EB-5 program will be using 80 investors from Europe and China who will be paying at least $500,000 into the company in exchange for a green card.

In order for this to work, the business must create at least 10 full time jobs. The visas can become permanent after two years. Investments to projects are organized through regional centers. There are 204 regional centers across the U.S.

If you or a loved one has been considering investing in a U.S. business in exchange for residency in the country or would like to learn the eligibility requirements for an EB-5 visa, contact the EB-5 immigration lawyers of White & Associates, P.C., by calling 818-730-3540 today.

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EB-5 used in 520 Bridge project

Posted on December 13th, 2011 No Comments

The EB-5 immigration visa will be used in order to fund the 520 Bridge project in Washington.

The Eb-5 visa allows foreign investors to reside in the U.S. with a green card in return for investing $500,000 into an American business project. They must invest in a project that creates at least 10 full time jobs.

Nearly 100 foreign investors have purchased  $48 million worth of bonds for the bridge project. The EB-5 program has been used by real estate companies in more than 30 projects in the Seattle area.

If you or a loved one has been considering becoming a foreign investor through the EB-5 program, contact the EB-5 visa lawyers of White & Associates, P.C. by calling 818-730-3540.

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EB-5 immigration suggested as way to fund hotel

Posted on December 6th, 2011 No Comments

The EB-5 immigration program has been suggested as a way to fund a new hotel in downtown Evansville.

The commission for redevelopment in Evansville has voted to continue with plans for the hotel to be constructed. It was voted 3-1 that the Kunkel Group continue with the plans. Prime Lodging also submitted plans to build the project, but the Kunkel Group was approved.

The funding for the 220 room hotel is still in question. Prime Lodging suggested that the EB-5 foreign investment program be used, but Kunkel group stated that they had more standard funding ideas.

If you or a loved one has been interested in becoming a foreign investor, you need representation on your side that can help walk  you through the process. Contact the EB-5 immigration lawyers of White & Associates today by calling 818-730-3540 and discussing your options.

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Officials hope foreign investors will fund 22-story building in McAllen

Posted on November 29th, 2011 No Comments

A new plan has been designed in McAllen, Texas  for foreign investors from Mexico to fund the construction of a 22-story building.

The building will include 152 apartments and will be located on Dove Avenue and 10th St. next to a Lowe’s store. If built, it will be the tallest building in McAllen. One obstacle that the builders are running into are nearby homeowners that have opposed the construction.

The McAllen City Commission will hold a public meeting on Dec. 12 to discuss the permit of the building. Officials are seeking 120 foreign investors in order to raise $60 million. The additional $20 million that is needed will be funded through other investors. Each foreign investor is required to contribute at least $500,000 in exchange for a green card for the U.S.

If you or a loved one has been interested in learning more about the EB-5 visa program, you need representation on your side that can answer any questions you may have. Contact the EB-5 visa lawyers of White & Associates, P.C., by calling 818-730-3540 today.

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New Hampshire opens its first EB-5 Regional Center

Posted on November 22nd, 2011 No Comments

The state of New Hampshire has opened its first EB-5 Regional Center in order to receive funds for a $35 million expansion to the Ragged Mountain Resort in Dansbury.

The regional center will help find foreign investors that are looking to invest in an American business project in return for a green card. The EB-5 visa program was created in the 90s in order to jump start economically depressed areas.

A foreign investor must invest either $500,000 to $1 million into a business project that creates at least 10 full time jobs. Originally, only the $1 million option was available, but by adding the second option, the number of EB-5 centers has increased dramatically.

If you or a loved one has been interested in receiving residency in the U.S. by using the EB-5 immigration program, you need experienced representation on your side. Contact the EB-5 visa attorney today by calling 818-730-3540 in order to learn about the process and how to get started.

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