Video Clip of HLG’s 2013 Hong Kong Immigration Conference See if you can find grizzled old me waxing poetic about Lake Point EB-5…(-; Harvey Law Group’s 2013 HK Investor Immigration Conference…
USCIS Approves American Bridge Seattle Regional Center! [PREFACE: As most of my readers know, I’m very wary of structuring new EB-5 Regional Centers and Projects. While many of my colleagues are doing very brisk business with EB-5 formations, I have a real issue taking on an EB-5 structure unless I’m 100% satisfied with both the quality of the folks behind the deal AND the confidence that when it is finally approved by USCIS, the project will actually FIND INVESTORS. The former issue of GP reputation is as much about protecting my OWN reputation as it is about protecting future investors; the latter issue of saleability is based upon the hard, cold reality that a tiny fraction of the 300+ — is it over 400 now? — USCIS approved EB-5 Regional Centers already on the market have succeeded in raising their first dollar. I’m not interested… Continue Reading →
New Contact Email for Lake Point EB-5 Well, it was only a question of time before some green-skinned, malevolent computer geek basking in anonymity would think to hack us…but they did. I now have the dubious distinction of owning a domain which has flooded at least one nursing home with over 500 porn and spam emails within a few brief hours. How’s that for “social networking”? )-: The culprit email address has been shut down but we haven’t had time to update the site yet to reflect the new one, so please email me directly for any questions regarding AVSRC and Lake Point EB-5. Good grief. Happy holidays to all, Jose… Continue Reading →
2013 Lake Point EB-5 Redux, Better Late than Never! Folks, I know I’ve been as quiet as a church mouse — online anyway — but this fall has been one big Rock ‘Em/ Sock ‘Em season of high fives all around: Lake Point EB-5 approvals have continued to steamroll in since our #1 approval came in September, with a total of 7 Lake Point EB-5 I-526s approved for investors from China, Vietnam, and Russia so far…and no denials. USCIS approved the Lake Point Capital Partners I-924 Amendment, assuring our second and final tranche investors of the USG’s approval and acceptance of our industry-leading protocols designed to both secure PERMANENT residency for our EB-5 partners AND maximize their ROI through judicious stewardship of their investment dollars. Lake Point’s Managing Director, Jud Laird, and I just returned from closing* Lake Point Capi… Continue Reading →
SUCCESS IN CHINA!! Lake Point EB-5’s First Chinese I-526 Approved! American Venture Solutions Regional Center and Lake Point EB-5 extend our hearty congratulations to our THIRD approved EB-5 investor, who has patiently waited for over one year for their approval. Like I-526 approvals numbers 1 and 2, this third approval was issued without a Request for Evidence. For me, on a personal level, it is wonderful to see our first Chinese investor approval, given the tremendous time and effort so many of us have put into the world’s most important EB-5 market. As our regular readers know, Lake Point EB-5 finally got “unstuck” at the very over-burdened USCIS EB-5 adjudications office after a year and a half of waiting. Today’s approval strengthens our faith that our pipeline of pending Lake Point EB-5 I-526s will move along more swiftly, now that USCIS adjud… Continue Reading →
Lake Point EB-5 gets SECOND I-526 Approval Without RFE! I told you Friday about our first Lake Point EB-5 investor getting their I-526 approved without an RFE; turns out Lake Point EB-5 investors #1 AND #2 were BOTH approved on Friday, with neither generating an RFE from USCIS. Thanks and hats off to Laguna Niguel! (-: For more information on the only Forbes 400 owned and managed EB-5 opportunity, visit American Venture Solutions Regional Center and contact me if you need further information. Just planned next two Asia trips and we’re looking to zip Lake Point EB-5 up ASAP! Jose… Continue Reading →
BIG NEWS!!! Lake Point’s First I-526 EB-5 Investor Approved!! It took more than a year and a half, dozens of follow-up inquiries, and a lot of patience but Lake Point EB-5 just got our first I-526 approval!! The investor is from Vietnam…and the approval was WITHOUT an RFE! We extend our congratulations to our wonderful, PATIENT client, to the many colleagues and immigration agents who have patiently waited for Lake Point’s first EB-5 approval, and to the still-underfunded, sequester-impaired USCIS which continues to do its best to work its way through the massive backlogs they face. On a personal note, I am literally light-headed. Getting an investor to stay on board for a full year longer than the original estimated time of approval is a formidable task; I am so happy that our client’s trust was not misplaced. (-: Press release soon but a quic… Continue Reading →
Uh…Thanks, Mr. President…But How Does This Explain EB-5 I-526 Backlog??? Remember back a few months ago when I published my earnest (read: desperate) letter to the President of the United States asking him why USCIS delays have thousands of I-526s pending for over a year and billions locked in escrow instead of creating American jobs? Well, here is his “answer”…and it is so sad. Are things really that macroeconomic that the best Washington can do is speak in generalities? You know, Mr. President, I stood in line for four hours to vote for you and on the night of your victory, you said we “have to fix that”. I actually believed you. The below leads me to think that despite your best intentions, your position renders you powerless to effect the core, grass-root correction of government dysfunction which continues to paralyze our private sector. Adjudica… Continue Reading →
Understanding “Matter of Ho”… If there was a Hollywood Walk of Fame for people who are gifted with the ability to explain cryptic USCIS memoranda to those of us left scratching our heads, Suzanne Lazicki would get the first star. I don’t know Ms. Lazicki personally but I’ve been reading her brilliant blog, LucidText, for awhile now and I can say her ability to examine, ponder, and contemplate the very esoteric nuances of EB-5 policy is unparalleled. She is a gifted writer, and her ability to cobble together a logical conclusion out of the sundry puzzle pieces we are given via policy memoranda, etc. always impresses. When she tackles one of these themes, reading her blog reminds me of watching one of those people who can solve a Rubik’s Cube in a minute or two: a dual response of “Man, that looks easy” combine… Continue Reading →
Where It All Started: Individual EB-5 Via Smart U.S. Investment Folks, as the USCIS continues to sit on thousands of long-delayed I-526 EB-5 investor petitions, a Chinese riptide of exasperated investors and agents is threatening the foundations of dozens of U.S. projects relying on EB-5 capital as part of their capital stack. As this is happening, more and more investors are looking at the individual EB-5 investment, based on faster adjudication times, the elimination of econometric analysis (which is triggering more than 50% of the RFE substance we are seeing these days), and simplicity of direct employment. Senator Bill Nelson of Florida is working very hard to get USCIS’ I-526 adjudication in gear as these delays are costing Florida companies millions of dollars and thousands of unrealized America jobs — the raison d’etre of EB-5 – continue to b… Continue Reading →