1. Congressional Heat on Kushner and Big EB-5

    On June 1st, 2017, Senator Patrick Leahy and Representatives Zoe Lofgren and John Conyers, Jr. wrote a joint letter to Laurent Morali, the president of Kushner Companies, indicating in the opening that they: “…are concerned about recent reports detailing Kushner Companies' use of the EB-5 Regional Center program, especially in light of Jared Kushner's role in the Trump administration and the potential for conflicts of interest. These reports indicate that Kushner Companies and its latest EB-5 project, "One Journal Square," may be seeking to benefit from the Kushner family's connections to the White House. These reports also suggest that luxury developers have aggressively lobbied Congress to prevent reforms to the EB-5 program. Such lobbying appears intended to benefit luxury developme…Continue Reading...

  2. Advantages of EB-5 Investment Immigration

    Investment immigration through the EB-5 programs is a fairly recent opportunity provided to those who wish to become permanent residents and citizens of the US. EB-5 is considered a “win-win” for both the investor wishing for residency and for the US: Investment immigration provides the investor with the opportunity to not only grow their investment, but to gain positive opportunities for not only them, but also their family in the US. At the same time, the US economy is stimulated and permanent jobs are created. But why choose EB-5 investment immigration? Below are just some of the reasons why investment immigration is a profitable opportunity for you: No Need for Business Experience For many other types of investment opportunities that can give you as big of a return on your investme…Continue Reading...

  3. What is the EB-5 Visa?

    Welcome back to the American Venture Solutions EB-5 Blog! If you are just joining us, in our last post, we talked about the importance of choosing the right EB-5 lawyer and what characteristics the right EB-5 lawyer will have. The characteristics that we discussed include: Knowledge of Business & Immigration - Hiring an EB-5 lawyer who specializes in the integration of business and immigration for the success of being approved for EB-5 status is crucial. Experience Preparing EB-5 Visas - Knowledge is valuable, but knowledge that has been put to the test through experience is even more valuable. When looking for an EB-5 lawyer, find one who meets with clients and fills out paperwork for the EB-5 process on a regular basis. Direct Investments vs. Regional Center - Before hiring an EB-5 l…Continue Reading...

  4. What to Look for in an EB-5 Lawyer

    Do you want to become a permanent resident of the United States? Are you wanting to provide opportunities to your children in America that you never had? The EB-5 Investor Program is a viable option for you and your family to gain permanent residency in the U.S. What this program does is give foreign investors who want to gain permanent residency in the US that opportunity by essentially giving back to America through the stimulation of the economy through job creation. If you are able to create or preserve, at the very least, 10 permanent full-time jobs, you, your spouse, and your children under 21 are able to gain permanent citizenship. When you are applying for an EB-5, it is absolutely crucial that you find an EB-5 lawyer who will provide you the greatest opportunity to successfully ga…Continue Reading...

  5. New York Bar: Foreign Migration Brokers CANNOT Be Paid EB-5 Referral Fees

    After railing for the last few years about how Big EB-5 cheats via census tract "gerrymandering" in order to falsely qualify as a TEA, this has been a pretty great month for us here at AVSEB-5 and for the handful of TRUE TEA and rural projects having to compete against six page color spreads in glossy magazines: First, IIUSA and Congressional leaders agree on  EB-5 reform legislation which puts an end to the gerrymandering abuse.  That means that, for the first time in the history of EB-5, the congressional mandate of the law - to create jobs in the poorest and most rural parts of America, will be realized.  As I've said for the last six years since AVS was approved as a Regional Center, I have NO issues with competing against the slick boys in the big cities... AS LONG AS the price of …Continue Reading...

  6. The New “Fiduciary Rule” and What it Means for the EB-5 Industry

    After months of uncertainty, and expectation that President Trump might kill the regulation, the so-called “Fiduciary Rule” is now scheduled to go into effect June 9.  The idea behind the fiduciary rule is to create a requirement that requirement that investment and financial advisers to act only in the ­best interests of their clients. In other words, it will require the professionally trained and government regulated advisers to put THEIR financial interest secondary, after that of their client. When I first heard about this several years ago, I thought it was a joke: you mean to tell me that despite all the SEC regulations, there isn’t a rule that basically says “you can’t put the amount of your commission ahead of the interest of your CLIENT??”  To me it was a stunni…Continue Reading...

  7. Update on Our ‘Rock Solid’ EB-5 Projects

    Now that we know that the future of EB-5 will be determined in the next few months, we wanted to provide you with a brief update about our EB-5 projects and remind you of the AVS EB-5 commitment to protecting our EB-5 investors. As you know, the EB-5 Immigrant Investor Visa Program has been facing a great deal of uncertainty and turmoil, but despite the chaos, our EB-5 projects have remained successful and rock solid! Earlier this week our General Manager, Bianca, and Compliance Counsel, Laura, visited Lake Point Restoration, the home of both our EB-5 projects, Lake Point and Lake Point Logistics, and got an update from the Operations Manager. As you may know, Lake Point Restoration is a lime stone quarry located in a very rural and economically depressed area of South Florida, Can…Continue Reading...

  8. EB-5: A Study in “Moral Hazard”

    If you took an economics course in college, you might vaguely remember the term “moral hazard”.  I do, and I remember it precisely because, in contrast to the rest of what the brilliant University of Florida Prof. David Denslow tried to hammer into my dense 18 year old brain, it was a foreign concept in a course focused on metrics and theory.  According to Wikipedia: “In economics, a “moral hazard” occurs when one person takes more risks because someone else bears the cost of those risks. A moral hazard may occur where the actions of one party may change to the detriment of another after a financial transaction has taken place.  Moral hazard occurs under a type of information asymmetry where the risk-taking party to a transaction knows more about its intentions than the party …Continue Reading...

  9. Location of Lake Point Projects Will Continue to Qualify as TEA

    Will the location of AVS EB-5 Projects’ continue to qualify as a “Targeted Employment Areas” and be eligible for the minimum threshold for investment based on the proposed regulations?  Invest in the USA (IIUSA) released a report on April 20, 2017, evaluating ‘How TEA policy proposals will shape the future landscape of the EB‐5 Regional Center Program. The results are compelling and comprehensive, demonstrating how different approaches would affect stakeholders, projects, geographies, and metropolitan areas throughout the U.S.’ IIUSA’s Executive Summary concluded that: Under the proposed TEA methodology limiting gerrymandering, only 41% of the 589 EB‐5 project samples analyzed at this report will qualify as a TEA project; When considering areas in severe economic distres…Continue Reading...

  10. The Requirements for Investment Immigration

    Investment immigration is a safe and legal way to move yourself and your family to the United States. American Venture Solutions offers a number of investment opportunities to foreign nationals who wish to immigrate to the United States. If you are interested in utilizing the EB-5 visa program (the official name of the investment immigration program) in order to move to the United States, it's important that you know about the requirement of the program to ensure you can meet them before you begin the process. EB-5 Requirements You need to make a capital investment of either $500,000 or $1,000,000. The EB-5 visa requires that you make a minimum investment of $1,000,000 into a commercial enterprise. In some circumstances, the amount required can be reduced to just $500,000. You may qualify …Continue Reading...