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EB-5 Visa Consulting Firms: To Use or Not to Use

Thursday 30 September 2010

(Source: Exclusive Visas) With such an economic decline in the United States in recent years, foreign capital is becoming increasingly sought after. The ability to rely primarily on domestic investment and funding sources has put businesses and corporations in a difficult situation. Developers want to know how they can become a government approved EB-5 Regional Center and attract this foreign capital, all the while foreign EB-5 visa-seeking investors want to know exactly which Regional Center they should be investing in and how - what is the safest investment with the least risk and best expected results? - That is the question.
The $500,000 investment into a USCIS approved Regional Center conditionally provides the foreign investor and the investor's immediate family (unmarried children under 21) with an EB-5 visa green card. Provided that the investment either directly or indirectly creates 10 jobs, issuance of an EB-5 visa administers permanent U.S. residency.
Though it sounds simple enough - with more than 100 approved Regional Centers in the United States - the actual process of selecting the right one can be a difficult decision for any foreign investor, especially when the investor's knowledge on each and every Regional Center and the entire EB-5 process as a whole is much less than distinguished. Given that the investment is fully at risk there is a chance that the chosen center may not meet the requirements. In this case, the investor not only loses their chance of obtaining an EB-5 visa but also loses their money.
Sole reliance on a Regional Center's advertising or expectant results is a risky business and a lot of Regional Centers encourage the investor to work directly with them in investing into their program. This can prove to be a strong disadvantage to the investor and the investor's best interests. If a Regional Center fails to report or misrepresents information it can leave the investor in an unfavorable position. Therefore it is very important to research and compare all options. One way, in particular, is by utilizing a consulting firm. The most esteemed consulting firms play a huge role in acting as a type of unbiased counselor in the EB-5 process; providing due diligence reports, financial projections, assessing risk, reviewing all legal documents and most importantly monitoring the project until completion, the consulter essentially helps to remove most burdens of the investor.
The best consulting firms consist of a team of not only expert consulters but also include financial specialists, economists, SEC attorneys, immigration attorneys, business attorneys, industry researchers and even marketing directors. Clearly, this type of task force possesses the professional background and skill necessary to aide the foreign investor in making the wisest decision on which Regional Center to choose. Unless the potential foreign investor encompasses the education and skills of a lawyer, businessman and marketer, collecting and assessing all relevant data can be a distressing task.
When inquiring about using a potential consulting firm it is important to confirm their credentials; verifying the firm's success rate, especially by way of requesting personal testimonies from previous clients and also discovering what nationalities they have worked with are useful types of information when questioning the firm's practice. Questioning how they are being compensated can provide evidence to the firm's validity as well; if they are being paid by just the client or if they are also receiving kick-backs from certain Regional Centers in an effort to advance all referrals. Another source of credibility is finding out how many Regional Centers their clients have used, the higher the amount - provided they have a high success rate - would generally be a key sign that the consulting firm is legitimate and has experience, which is ultimately what any investor would want.
Expert consulting firm, Exclusive Visas, works with clients whose nationalities range from Indian, Chinese, Venezuelan and even Russian. It comes as no surprise that they are the leading consulting firm pertaining to EB-5 visas on the market today. A useful tool for simply researching the EB-5 program is www.eb5exclusive.com where there are resources to all the latest EB-5 news, press releases and blogs.

Working with Chinese Migration Brokers: Rule No. 3

Wednesday 29 September 2010

When presenting your EB-5 project at a promotional seminar hosted by your Chinese migration service partner, you may be allowed to answer questions raised by the audience. Make sure you understand the protocol prior to the event.  Some migration brokers prefer to set up appointment with individuals who may have questions concerning your project. They may not like to give away answers right away. For more information about working with a partner in China, contact us today.

South Atlantic Regional Center Chooses NES Financial EB-5 Administration Solution to Bring Security and Transparency to Investors

SAN JOSE , CALIF. and PALM BEACH, FL, September 29, 2010 – NES Financial (NESF), .a leading provider of financial services solutions for the banking industry, EB-5 Regional Centers and Fortune 500 companies, has announced that the South Atlantic Regional Center (SARC) has selected the NESF EB-5 Escrow Administration Solution to administer funds associated with its EB-5 visa program. 
 
SARC required a solution that provided an efficient overall structure, simplified account setup, rapid implementation, and straightforward administration.  In addition the solution needed to provide security and transparency for the investments from overseas investor applicants.
 
“NES Financial is highly experienced, extremely professional, and their eSTAC-based technology addressed all of my needs – after my first meeting with them it became clear why they’ve become known as the ‘go-to’ company for EB-5 Regional Center solutions,” said Joseph J. Walsh, president of the South Atlantic Regional Center.  “With NESF’s EB-5 Administration Solution we were up and running quickly, providing our investors with visibility into their funds -- bringing a sense of security and transparency to the whole process and putting each investor at ease.”
 
The federally-sanctioned EB-5 visa program encourages investment in government-approved projects that create U.S. jobs and provide the opportunity for foreign nationals to become lawful permanent residents.  A foreign investor invests $500,000 into a project, and Regional Centers like SARC hold each visa applicant’s deposit in escrow pending approval by the U.S. Citizenship and Immigration Services
 
Since high dollar amounts are required from each applicant investor, funds from a single investor can sometimes be comprised of a number of smaller deposits.  NES Financial has substantial subject matter expertise and the company understands the nuances of EB-5 international wire transfers and local currency restrictions.  As a result, their EB-5 Administration Solution can easily address these issues.
 
“We are thrilled to have been selected by the South Atlantic Regional Center ,” said Michael Halloran, president and CEO of NES Financial.  “Our robust solution for EB-5 funds administration is delivering the highest level of security and transparency in the marketplace.  These benefits are being recognized by Regional Centers and foreign investors alike which is contributing to our leadership position in this marketplace.”
 
The NES Financial EB-5 Administration Solution brings Regional Centers a unique approach providing rapid system implementation of easy, automated deposit administration solutions.  Combining proven, industry-leading software -- proprietary to NESF -- and a client-focused team with decades of financial services experience, NES Financial’s EB-5 Administration Solution delivers immediate benefits for Regional Centers and their investors.
 
NESF’s solution provides maximum FDIC coverage on individual accounts to ensure unsurpassed levels of funds security.  Investor recordkeeping, customized reporting of subaccounts for assembled funds, and accounting and reconciliation for the investor group, individual investors and the Regional Center is available on-demand, around the clock. Rejected investor accounting, with full accounting provided to the Regional Center for distribution back to the rejected investor is available at a moment’s notice.
 
For more information on EB-5 solutions for Regional Centers, contact NES Financial at (800) 339-1031 or by visiting www.nesf.com.
 

Report from China: The Most Visible and Active EB-5 Regional Centers

Monday 27 September 2010

The Most Visible and Active Centers are ranked as follows:
  1. Gulf Coast Funds Management LLC (Mississippi)

  2. Idaho State Regional Center

  3. New York City Regional Center

  4. Philadelphia Industrial Development Corporation (PIDC) Regional Center

  5. Pennsylvania Department of Community and Economic Development Regional Center

  6. South Dakota International Business Institute (SDIBI)

  7. Whatcom Opportunities Regional Center

  8. American's Center for Foreign Investment (Alabama)

  9. Metropolitan Milwaukee Association of Commerce (RCI-FirstPathway Partners)

  10. CMB Export (California)

For more information about promoting EB-5 Regional Center projects in China, contact us today.

EB-5 Project Evaluation and Review Services Offered to New Regional Center Applicants

Sunday 26 September 2010

If your firm or company is thinking about setting up an EB-5 regional center designation or taking your EB-5 project to China market, our migration and financial experts will be available to review and evaluate your proposed or current EB-5 project offering. We review your PPM, economic study, business plan, financial reports, and other information, etc. Do it right prior to taking your project to market. Contact us today.

New EB-5 Regional Centers Enter Chinese Market

Friday 24 September 2010

Newly approved EB-5 regional centers are taking serious efforts to penetrate market in China, Cleveland International Fund Regional Center, Northern California Regional Center, FFC-East Bay Regional Center, and others are competing with other regional centers for the same pool of EB-5 investors.  For more information about attracting Chinese and other Asian investors to your EB-5 regional center projects, contact us today.

Artisan Business Group Signs on Zoho.com to Boost Efficiency

Thursday 23 September 2010

Artisan Business Group, Inc., signs on Zoho services to improve work efficiency.  Zoho.com offers a comprehensive suite of award-winning on-line business, productivity & collaboration applications. Customers use Zoho Applications to run their business processes, manage their information and be more productive while at the office or on the go, without having to worry about expensive or outdated hardware or software. To date, Zoho.com has launched 22 online applications — from CRM to Mail, Office Suite, Project Management, Invoicing, Web conferencing and more. Zoho has received numerous awards, including an InfoWorld 2009 "Product of the Year" award, a 2008 PC World "25 Most Innovative Products Award" and a 2007 TechCrunch "Best Enterprise Start-up."

Florida Regional Center Receives USCIS Approval - Decision Green Lights Overseas Investment Opportunities in Harbourside Place

Tuesday 21 September 2010

Florida Regional Center, www.FLRegionalCenter.com, the U. S. government-approved entity that provides investment opportunities in Florida real estate development projects for foreign nationals through the U.S. government EB-5 Visa Program has been given full approval as a designated regional center by the United States Citizenship and Immigration Services (USCIS). The approval gives the green light to the agency's Harbourside Place development project in Jupiter, Florida.

Nicholas A. Mastroianni II, Manager, Florida Regional Center, said, "Not only is this a major milestone for the Florida Regional Center and Harbourside Place, but it is a life raft for Palm Beach County and the Town of Jupiter; the economic stimulus this will bring to the area is a necessity. We have been promoting this project for months and we can now begin to file I-526 applications for interested foreign investors."

Harbourside Place features an entertainment plaza and outdoor amphitheatre, retail space, restaurants and eateries, office sites, 4-star hotel accommodations and marina. This full-scale development encompasses a thrilling range of opportunities for business, visitors and residents.  For more information on Harbourside Place and other Florida Regional Center projects, visit www.FLRegionalCenter.com

Chinese firm seeks New EB-5 Projects

Sunday 19 September 2010

Chinese investment firm seeks new EB-5 project for review and consideration, please contact us today.

Vermont Gov. Douglas seeks investors in Asia

Thursday 16 September 2010

(Source: WCAX.com) At his weekly press conference Thursday, Gov. Jim Douglas announced he will head to Asia next month in support of the EB-5 program. That's the program that fast tracks green cards for foreigners willing to invest in U.S. companies and able to pass the immigration screening process.
"At a time when capital is hard to come by the EB-5 program is a great asset to Vermont employers who are looking to grow," said Douglas, R-Vermont.
Douglas made a similar trip last year and says that resulted in about $50 million in investments to Vermont businesses, like Jay Peak. The program funded much of Jay's recent expansion.
Overall, Douglas says foreigners have invested more than $100 million in Vermont, creating more than 2,000 jobs.
"More companies are interested in pursuing the program, more investors are interested in what Vermont has to offer," the governor said.
Douglas will travel to Tokyo, Hong Kong, Beijing, Shanghai and Ho Chi Min City. He'll be joined by representatives from several companies, including SB Electronics in Barre.
"Yes we recently learned about the trip from Governor Douglas's office and will be joining him," said Brad Gordon of SB Electronics.
While the company could not confirm its exact purpose for the trip, its presence implies it is hoping to pick up foreign investments. The company is in the midst of a major expansion to triple its work force.
"We're looking to add 130 plus new jobs over the next 5 years. We've already added roughly 24 this year," Gordon said.
While some people have criticized the EB-5 program for allowing people to buy their way into the country, Douglas says it's not up to him to weigh in on that. He is simply helping the state take advantage of an opportunity to grow jobs.
The trip will cost the state about $10,000 but Douglas says numerous Asian companies have told him they'd rather invest with Vermont because they know they have direct access to the governor.

EB-5 Job Opportunity in Los Angeles

A major migration consulting agency headquartered in Beijing with offices worldwide is looking for job candidate to fill its US EB-5 Project Manager position in Los Angeles office. The preliminary requirements for the position as follows:
Duties: EB5 projects selection, projects monitoring.
Education: MBA degree preferred; Speak fluent English and Chinese Mandarin, Frequent Travel Required
Experience: 5+ yrs exp. in EB-5 or immigration consulting related field
Salary and benefits: from $50k to $100k plus standard benefit
Working location: LA

The position is open to American citizens and US legal residents. If you are interested in the position, please send us your resume today.

The 20th Korean Emigration and Investment Fair Welcomes US Regional Center Exhibitors

Wednesday 15 September 2010

The largest immigration and overseas investment trade show in South Korea is taking application for exhibition. The fair will take place in Seoul. The event attracts nearly 20,000 interested parties. The fall session is to be scheduled October 2-3, 2010. CMB Export Regional Center, America's Center for Foreign Investment, New York Proton Regional Center, LBVR Regional Center, New York City Regional Center will be represented by their local Korean agents, a number of US immigration law firms and consulting firms will be also exhibiting at the show.  If you are interested in promoting your EB-5 Regional Center projects or any real estate investment opportunities, contact us today for free information. Hurry up to book today.

EB-5 China Market Council Issues EB-5 China Market Warning

Tuesday 14 September 2010

EB-5 China Market Council issues its first warning to EB-5 Regional Centers. In recent months, many EB-5 regional centers have received various solicitations from individuals and commercial entities about their EB-5 promotional event offerings. Please be cautious and alert as the international migration service industry is highly restricted and regulated by the Ministry of Public Security, Exit and Entry Administration, PR China. The Private Exit and Entry and Migration Service Regulations are enforced by Exit and Entry Administration at local and provincial level. Working with unregistered and unbonded agents to openly conduct unregistered events and recruit investors in China is against Chinese law, it will put your Regional Center and projects at risk in China. EB-5 China Market Council works closely with major Chinese Exit and Entry Service Associations to maintain an orderly and healthy market for EB-5 projects and other migration programs in China. For more information and receiving a free copy of Chinese regulation, please contact Council President Mr. Brian Su today.

Artisan Business Group Invites Top Migration Executives to attend Century of the Pacific Breakfast & Ceremony with Governor Schwarzenegger

Monday 13 September 2010

Working with the Bay Area Council, Artisan Business Group, Inc., invited 13 EB-5 migration executives to attend "Century of the Pacific Breakfast and Ceremony" at KIC Four Seasons Banquet Hall in Shanghai September 13, 2010.  Nearly 300 business executives and government leaders from both Shanghai and California attended the breakfast.  2000 people attended the Opening of Century of the Pacific Grand Ceremony at the KIC Plaza. Knowledge & Innovation Community (KIC) is one of the cutting edge technology development communities in China, situated at the heart of Shanghai’s university corridor and within one of three officially-recognized “innovation districts” for the country. Speakers include Lloyd Dean (Chairman, Bay Area Council & CEO, Catholic Healthcare West), Brenda Foster (President, American Chamber of Commerce in Shanghai), Vincent Lo (Chairman, Shui On Land), and Shanghai government officials. Governor Schwarzenegger sits down for moderated Q&A with Jim Wunderman (CEO, Bay Area Council) and audience. For more information about organizing China trade missions to promote direct investment opportunities, contact us today.





EB-5 China Market Council Representatives Meet wtih Chinese Migration Trade Association Officials

Sunday 12 September 2010

Representatives from US based EB-5 China Market Council met with officials from Beijing Exit and Entry Service Association and Shanghai Association for Private Exit and Entry this weekend in Shanghai.  EB-5 China Market Council is an advisory body that provides a platform for many China based migration consulting firms in learning EB-5 legislation, EB-5 business practices and immigration services. The Council will invite a group of Chinese migration executives to meet with USCIS officials end of this year. It also plans to invite US EB-5 legal and immigration experts to provide training to Chinese migration executives in China. Mr. Brian Su serves as President of EB5 China Market Council. For more information about the Council, contact us today.

Report from China: Idaho State Regional Center Seeks Chinese Investors in Hangzhou

Thursday 9 September 2010

Hangzhou licensed migration agency is hosting a promotional seminar for Idaho State Regional Center at 7:00 pm September 10, 2010. For more information about EB-5 consulting, contact us today.

Report from China: Alliance Regional Center Promotes Holiday Inn EB-5 Project

Southern California based Alliance Regional Center is promoting its Holiday Inn EB-5 project to seek 23 immigrant investors. Imperial City Mayor Mark Gran and ARC CEO Daniel Chiu will be presenting the project to Chinese investors at 2-4 pm September 10, 2010, in Beijing. The promotional seminar is hosted by a Beijing licensed migration consulting firm.  For more information about promoting US Green Cards via EB-5 program, contact us today.

Report from China: FFC East Bay Regional Center CEO Meets Migration Brokers

Newly approved FFC East Bay Regional Center is on its way to China promoting EB-5 investment project. CEO Eric Chelini is meeting with migration agencies in Shanghai and Hangzhou. For more information about attracting Chinese EB-5 investors, contact us today.

Report from China: New York City Regional Center Promotes NETS Stadium Project

New York City Regional Center (NYCRC) is working with a Chinese migration consulting firm to promote its new NETS stadium EB-5 project in the following cities in China in October and November. The project is seeking total 498 EB-5 investors and to be complete in 2012. For more information about attracting Chinese EB-5 investors, contact us today.

October 11 (Monday) 7-8:30 PM Beijing Nationality (Minzu) Hotel
October 16 (Saturday) 12 noon - 5 pm Guangzhou Westin Hotel
October 17 (Sunday) Shunde, Foshang, Guangdong Province
October 21 (Thursday) Zhuhai, Guangdong Province
October 23 (Saturday) Shenzhen, Guangdong Province
October 24 (Sunday) Shanghai
October 30 (Saturday) Nanjing, Jiangsu Province
November 2 (Tuesday) Chengdu, Sichuan Province
November 5 (Friday) Chongqing

Promoting Green Cards to Chinese EB-5 Investors, EB-5 Executive Seminars Announced

Starting October 8, 2010, Artisan Business Group home office will be offering weekly Executive seminars on EB-5 regional centers promotion and immigrant investors procurement in Springfield, Illinois. The one day seminars will be held in private and small group setting every Friday.  The seminars are open to commercial real estate developers, bankers, financial advisors, immigration attorneys, government officials who are interested in EB-5 regional center immigrant investor program. To learn more details and book your session, log on http://eb5workshop.eventbrite.com

Report from China: Idaho State Regional Center Promotes EB-5 in Beijing

Tuesday 7 September 2010

Chinese migration consulting firm is hosting an EB-5 promotional seminar for the Idaho State Regional Center at the China World Hotel at 2:30 pm September 12. Officials from the regional center and Idaho state agency will be presenting. For more information about EB-5 program, contact us.

Top EB-5 Chinese Migration Agents Attend Governor Arnold Schwarzenegger's Breakfast Meeting in Shanghai

Sunday 5 September 2010

Artisan Business Group, Inc., is inviting and organizing a group of CEOs of top EB-5 Chinese migration consulting firms from Beijing, Shanghai, Guangzhou and Shenzhen to attend Governor Arnold Schwarzenegger's breakfast meeting on Sept 13, 2010. Governor Schwarzenegger is leading a California trade mission to Shanghai and Hangzhou Sept 8-14, 2010.  For more information about EB-5 project consulting, contact us today.

Report from China: Big Elk Resort Promotes its EB-5 Project in Beijing

Saturday 4 September 2010

Tennessee Regional Center held a small seminar to introduce its Big Elk Resort EB-5 project at a Beijing migration consulting firm at 2:30 pm on Sept 4, 2010.  Artisan Business Group, Inc., provided Chinese video voiceover and translation services for the project last year.  For more information about EB-5 in China market, contact us today.

Melody Chen and EB-5 Regional Center Guests Visit Beijing

Thursday 2 September 2010

Melody Chen, managing director of Artisan Business Group, Inc., along with US EB-5 regional center principals visited Mr. Qi Lixin, President of the Beijing Exit and Entry Service Association and his company headquarters on September 2, 2010.  Mr. Qi is CEO and President of Beijing East PJ Star Consulting Co., a licensed and bonded migration broker in Beijing.  For more information about our EB-5 China advisory services, contact us today.
 

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