EB-5 program considered for use in Saco
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 [...]
September 30, 2012 – Countdown to Reauthorization
Nothing focuses one’s attention like a deadline – the day a paper is due for a student; the day a project must be completed for a businessman; and the day a worthwhile program is due to expire for Congress. Back in 2009, the EB-5 Regional Center program was set to expire on September 30, but [...]
Foreign investors travel to South Texas areas
Foreign investors are flocking to the South Texas region, Rio South Texas, in order to invest in project to receive residency in the U.S. through the EB-5 immigration program. In the 1990s, the North American Free Trade Agreement made the South Texas area boom in population. The government created the EB-5 immigration program in 1990 [...]
New EB-5 Immigration Center to open in Montana
A new investment center is to be opened in Missoula, Montana in order to help foreign investors gain visas by offering visas as incentives. The Employment-Based Regional Center has approved the Northern Rockies Regional Center. This new center will help to increase the private money that is available to use in American business projects. The [...]
Purpose of an Individual Taxpayer Identification Number
An Individual Taxpayer Identification Number is a social security number that is given to certain non-resident aliens and there families who are eligible for it. This number is used in order to report numbers to the Internal Revenue Service. The ITIN is needed when a foreign investors become limited partners in a business or open [...]
Congresswoman introduces bill to create jobs in area
A Congresswoman representing the Queens/Manhattan area has introduced a new bill is aimed to stimulate job growth in the U.S. The Congresswoman, Carolyn Maloney, has said the bill will create competitive nature and will allow talented individuals to create business in America, no matter where they are from. The Start Up Visa Act 2011 will [...]
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