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EB-5 investor programme on pause as deadline to re-authorise it ends


Synopsis
Under the EB-5 regional centre programme, applicants can invest $500,000 or $1 million in specific projects in order to be eligible for permanent residency in the US.
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The EB-5 regional centre investor programme has been put “on pause” as the deadline for US Congress to extend it ended on June 30. However, the direct EB-5, under which applicants directly make an investment in the US in order to be eligible for a green card, will continue as before.
“Consistent with USCIS’ recent precedent and verbal representations, we fully expect USCIS (US Citizenship and Immigration Services) to preserve the status quo during this short-term programme lapse and not jeopardise investors’ immigration status,” said Tom Rosenfeld, president of CanAm Enterprises, an EB-5 regional centre operator. ....

United States , Suresh Ranjan , Tom Rosenfeld , Mark Davies , Davies Associates , Immigration Services , Us Congress , Canam Enterprises , ஒன்றுபட்டது மாநிலங்களில் , சுரேஷ் ரஞ்சன் , டோம் ரோஸெந்‌ஃபெல்ட் , குறி டேவிஸ் , டேவிஸ் கூட்டாளிகள் , குடியேற்றம் சேவைகள் , எங்களுக்கு காங்கிரஸ் , கானம் நிறுவனங்கள் ,

An exclusive inside look at what has been built at N.Y. Wheel site


An exclusive inside look at what has been built at N.Y. Wheel site
Updated Feb 26, 2021;
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STATEN ISLAND, N.Y. Before the original New York Wheel project reached its demise in October 2018, a lot of infrastructure was built on the city-owned site.
With CanAm Enterprises, which is a sponsor of EB-5 regional center projects, recently announcing that it is embarking on a smaller version of the N.Y. Wheel, the Advance/SILive.com was able to get an exclusive inside look on Thursday at the work already completed at the site.
The initial project reached its demise on Oct. 23, 2018, when its principals announced they would not follow through with the construction of the 630-foot-high tourist attraction whose cost had snowballed from an original estimate of $250 million to close to $1 billion. ....

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