As the EB-5 industry expected, the EB-5 category for Vietnamese nationals is no longer current for this fiscal year. However, we do expect the priority date for Vietnamese nationals to advance over time more quickly than we have seen for mainland born Chinese nationals.
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The U.S. House of Representatives Appropriations Committee has introduced legislation, or a Continuing Resolution (CR), to extend current funding for the U.S. government. The short-term CR would extend government operations, as well as the EB-5 Regional Center Program, to December 22, 2017. We expect that the CR will be voted […]
Los Angeles-area attorney pleads guilty to federal charges stemming from $50 million scheme that defrauded the EB-5 visa program and Chinese investors
30 Nov
by Foster LLP, on News
SANTA ANA, Calif. – An attorney who lives in El Monte pleaded guilty today to federal fraud and money laundering charges for participating in a multi-faceted scheme that collected more than $50 million from foreign investors seeking “Green Cards” through the EB-5 visa program. Victoria Chan, who along with her […]
BEIJING — He has a lakeside villa valued at more than $3 million, two Mercedes sedans in the garage and a butler who fluffs his pillows and shines his shoes. But Liu Xiyu, a real estate executive in Beijing, still lacks the convenience he says he most wants in life: […]