Powered by Blogger.

Century American Regional Center announces Shanghai VIP Party March 15, 2013

Tuesday, 5 February 2013

CARC at 2011 Guangzhou Summit


Century American Regional Center announces by-invitation only private cocktail party "Century American Regional Center VIP Reception" 5:30 pm -7:00 pm at The Portman Ritz Carlton Hotel on March 15, 2013 (Friday). The party venue is one block away from The Invest in America 2013 (Shanghai) Summit and Exhibition at the Shanghai Exhibition Center. Enjoy an evening of fun and networking in Shanghai!  

Century American Regional Center, LLC (CARC) is focused on successfully helping immigrants achieve permanent resident status utilizing the USCIS Employment Based (EB-5) Program. CARC is owned and operated by Century American Regional Center, LLC, an Orange, California limited liability company. CARC was approved by United States Customs and Immigration Services (USCIS) in 2011 to provide capital to job creating new commercial enterprises in the real estate field. CARC partners with experienced development and operating partners with demonstrated regional and national track records. Log on CARC website at http://www.centuryamericanrc.com.

To announce your regional center news and activities on this blog which attracts average 16000+ monthly pageviews by targeted audiences, click here.

Notice: Chinese Visa application for Shanghai exhibitors

USA Continental Regional Center at 2012 Shanghai Summit
Attention: if you are to exhibit your project at the Investment in America 2013 (Shanghai) Summit and Exhibition March 15-18, you need to apply for a business Visa at Chinese Embassy or Chinese Consulate General, please log on http://www.MyChinaVisa.com for further information.

Only two exhibition booths (C016 and C022) are still available, over 60 booths have been taken. Artisan Business Group, Inc., is the exclusive marketing agent for The Invest in America 2013 (Shanghai) Summit and Exhibition, please call Tyler McKay today at 217-899-6661 for details.

USCIS approves new EB-5 regional center in Montana

Congratulations to Yellowstone Montana Regional Center! USCIS approved Yellowstone Montana Regional Center in Montana Feb 5, 2013. The center will cover Missoula and Ravalli counties. For more information about EB-5 regional center program, join us at an EB-5 seminar near you.

Update: more exhibitors sign up the Shanghai Summit

More US companies are signing up The Invest in America 2013 (Shanghai) Summit and Exhibition March 15-18, 2013.  Newly signed exhibitors include:  Jay Peak Resort, California Real Estate Regional Center, The Robert Green Company, Sydell Group, Invest LA Regional Center,  Downtown 3rd Development Fund, EB-5 Analytics, JLM EB5, North America Real Estate Investment Group Inc., Pacific Proton Therapy Regional Cener, LLC, Cheung & Chu, CPA, Live in America Financial Services LLC. Over 60 booths and 20 plus presentation sessions will be presenting American investment projects and professional services to Chinese audiences from all over China! The Exhibitor registration date is extended for one more week! Call today at 217-899-6661 to register your booth.

The Event Platinum Sponsors: Fragomen, GreenTech Auto; Diamond Sponsors: USA Continental Regional Center, Texas Urban Triangle Regional Center; Gold Sponsors: Georgia Regional Center, Green Card Fund, US Holdings Regional Center.

2012 Shanghai Summit - Exhibition Hall
2012 Shanghai Summit - Exhibition Hall
2012 Shanghai Summit - Media Interviews
2013 Summit Exhibitors: Fragomen, Del Rey, Bernsen & Loewy, LLP, Marcum LLP, Greenberg Traurig, LLP, Alliance of Business Immigration Lawyers, Extell New York Regional Center, Century American Regional Center, Utah Regional Investment Fund, LLC, Capital Area Regional Center, Georgia Regional Center, LLC, Jin Lee Law Group, Las Olas Resort Hotel, Invest LA Regional Center, GreenTech Automotive (GTA), Artisan Business Group, Inc., US Immigration Fund, Cleveland International Fund, Retail Equity Partners Holdings, LLC, RockBridge Senior Living Communities,  New Riviera Nursing & Rehabilitation Center, LLC, Pinnint Ltd., Seidler Oil & Gas Resources LLC, Kajaine Capital, Kaskaskia Hotel and Conference Center, QueensFort Capital, Micon International, American Dream Fund/Las Vegas Regional Center, Florida Restaurant Franchise Group, LP., Front Burner Restaurants, LP., LCP Group, Texas Urban Triangle Regional Center, PDC Capital Group, USA Continental Regional Center, Rivera Point  Holdings, Invest in Texas Initiative, Landmark Development Partners, LLC DBA Clark County Regional Center, Global Premier America LLC, Whishire Hotel LA, INVESCOMM, EB5 Direct Investments, LLC, EB5Investors.com/EB-5 Magazine,  Golden Dome Investment, LLC, Bernstein Osberg-Braun Caco & Solow, Manhattan Regional Center, Green Card Fund, California Real Estate Regional Center, The Robert Green Company, Sydell Group, Invest LA Regional Center,  Downtown 3rd Development Fund, EB-5 Analytics, JLM EB5, North America Real Estate Investment Group Inc., Pacific Proton Therapy Regional Cener, LLC, Cheung & Chu, CPA, Live in America Financial Services LLC, Jay Peak Resort.


Call Mr. Tyler McKay at 217-899-6661 for information about exhibition at the 2013 Shanghai Summit, or log on http://www.InvestAmerica2013.org to download an exhibitor manual now! 

Beijing Exit-Entry Administration hosts Annual Audit Conference

Monday, 4 February 2013

2012 Beijing Exit Entry Service Audit Conference
The Beijing Exit-Entry Administration hosted the 2012 annual exit entry service audit conference. Over 160 representatives from 79 exit-entry service companies (emigration agencies) attended the meeting, Mr. Wang Baorun of the Exit-Entry Administration addressed to the audiences. Mr. Lin Kang, president of the Beijing Exit and Entry Service Association reviewed the association's annual program and events. Chinese emigration agencies are required to submit annual compliance and audit report to local Exit-Entry Administration authorities.  There are over 600 licensed emigration companies in China. For more information about Chinese emigration industry and government regulations, contact us at info@ArtisanBusinessGroup.com.

Report from China: Seattle Stadium Place well received by EB-5 investors






After 3 months and numerous investment seminars in China, the Seattle Stadium Place project is being well received by Chinese EB-5 investors. The project is currently being marketed in Shanghai, Beijing, Suzhou, Hangzhou, Wenzhou and Harbin. 

Stadium Place EB-5 journey has not been all that smooth. It took Kevin Daniels, the president of Daniels Real Estate LLC and developer of the project, nearly a year to build an EB-5 dream team that has brought the project its current result.  “The project has a one of a kind location in Seattle and my local partners have extensive family ties to the city and a strong financial background”, Kevin said, “however, in order to successfully raise EB-5 fund in China, you need to have a team that is experienced in the EB-5 industry, understands the Chinese business culture, and you must work with a reputable and experienced migration agency.” 

Since September, 2012, Artisan Business Group has been working closely with Stadium Place EB-5 team and helped Kevin hand pick his industry experts. “My goal is to bring more high quality projects to the Chinese EB-5 market,” Brian Su said “It has been a pleasure to work with Stadium Place project team. I expect this project to continue its successful launch. I am very proud of Kevin's team for their achievement in the Chinese investor market!”   For more details, please log on website http://www.stadiumplace.com.

To learn more about utilizing EB-5 program for job creations in your community, contact Mr. Tyler McKay at 217-899-6661 or participate in one of our upcoming EB-5 seminars in a city near you.

Guidance for Tenant Occupancy

(Author: Jeff Campion, Esq) USCIS offered operational guidance for tenant occupancy on December 20, 2012.  As we know, the “tenant occupancy” issue revolves around whether or not the project is merely relocating jobs from another enterprise instead of creating new jobs.  If the USCIS determines that jobs are merely being relocated, those tenant occupancy jobs cannot be counted.   

The guidance from USCIS states there must be “evidence that the claimed jobs result, directly or indirectly, from the economic activity of the EB-5 commercial enterprise.”  The guidance then proceeds to use the “but for” language stating that to count indirect jobs, it must be shown that the new indirect jobs would not have been created “but for” the EB-5 commercial enterprise’s economic activity.  Of course, USCIS then claims the determination of whether the tenant occupancy jobs can be counted must be evaluated on a case-by-case basis. 

With respect to the case-by-case analysis, USCIS states there are two approaches to analyze whether tenant occupancy jobs may be counted – methods that map a specific amount of direct, imputed, or subsidized investment to new jobs (i.e. a direct link between Eb-5 capital and the tenant business) orthe facilitation-based approach.  With respect to the former, USCIS will look to “evidence backed by reasonable methods” showing the financial link.

With respect to the latter, it must be demonstrated there is a “significant market-based constraint” which will be removed by the project. That in turn can be shown by demonstrating that the project will correct the “market imperfection,” hence generating new “net labor demand and income” for the tenant business. One way this could be accomplished would generally be a market study for the project and its location by an independent third party demonstrating that  that some market imperfection does exist; usually this takes the form of showing that the proposed market is currently underserved. Also, the project should fill an existing investment void generating new demand for the tenant business. The difference here relative to previous guidance is that USCIS had previously said the economic analysis should show there was an excess demand as indicated by high utilization rates and rising wages, but their economists belatedly realized those conditions were not likely to be evident in areas of high unemployment, so they modified their directive. 

In spite of having taken a tentative step forward, it appears likely to me that the burden of proof for tenant occupancy remains high. Hence I would recommend – if possible – not relying on tenant occupancy jobs for EB-5 job creation.  Even if the foregoing tests can be satisfied, this analysis is likely to increase time delays in the petition process which is already arduously long. Moreover, the jobs based on the tenant occupancy could still be disqualified at the I-526 stage, hence further postponing the ultimate goal of having immigrant investors receive their permanent residence. In those cases where it is important to count tenant jobs because the jobs are needed to raise the desired amount of funds, the issues presented above should be carefully reviewed to insure they are addressed so increase the probability of approved even when tenant jobs are counted.


Article written by Jeff Campion, Esq.  Mr. Campion is an immigration attorney focusing on high net worth clients.  Moreover, he is the CEO of the Texas Urban Triangle Regional Center, a designated Regional Center with a scope of 40 counties in Texas from Dallas to San Antonio to Houston and back to Dallas. Log on http://www.eb5texastriangle.com.
 

Pages

Popular Posts

Blogger news

Blogroll

Most Reading