FirstPathway Weblog

Director of China Operations Dan Redford attended “Invest USA,” a forum held in Beijing, by AmCham China. The event highlighted the enormous opportunities for Chinese individuals and companies to export to, invest in, and expand operations to the United States. Present at the event were delegations led by the mayors of Changsha and Xiangtan, as well as the Governor of Hawaii, Neil Abercrombie. We here at FPP are excited to be part of the growing relationship between the United States and China.

On Thursday, December 8, 2011 Bob Kraft, Chairman and CEO of FirstPathway Partners, will join Milwaukee Mayor, Tom Barrett as he presents a bronze bald eagle sculpture to the city of Ningbo, China in celebration of Milwaukee’s five-year anniversary with the City.  The sculpture will be on displayed at the Ningbo Museum.

For a list of activities surrounding the historic events or to attend an EB5 seminar hosted by Mr. Kraft please contact info@firstpathway.com.

FirstPathway Partners (FPP) would like to thank the thousands of agents and investors who joined us for the Invest in America 2011 Guangzhou Summit.  During the summit, industry experts including featured keynote speaker Bob Kraft, FPP Chairman and CEO, shared insight into the dynamic EB5 program. Hundreds of summit participant attended “The Challenges of EB5” and “Choosing Your EB5 Partner” hosted by Kraft.  In addition the Chairman joined world renowned EB5 expert Brian Su in hosting a forum entitled “Where will the Chinese wealth go? Investors’ choice matters.”  To learn more about the material presented in any of the chairman’s workshops contact us at info@firstpathway.com.

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This week  FirstPathway Partners was proud to host celebrated EB5 Attorney Lincoln Stone of Stone & Grzegorek. We look forward to his next visit.

The July-August edition of Fortune Magazine recently highlighted the EB-5 visa program as a viable source of capital for the struggling American economy. EB5 was also cited as win-win for foreign investors and developers alike. According to the article, last year alone “EB5 immigrants invested more than 400 million in US ventures.”

Featured in the article was Milwaukee’s very own Tim Sheehy, President of the MMAC, and The Aloft Hotel which anticipates creating over 400 jobs for EB5 investors.

While in Ningbo for the Zhejiang Investment & Trade Symposium Bob Kraft and Dan Wycklendt were honored to receive a private tour of the province from friend and Senor Ambassador of Ningbo to the United States, Bangjie He. Their tour included a boat ride down the Fenghua River, a site visit to the future home of Milwaukee’s gift to Ningbo (its sister city), and many other historic local sites. During their visit Kraft and Wycklendt were also honored  guests at a private dinner hosted by the Yinzhou District Municipal Government. The two were also treated to an overnight stay at “Gold Beach” hosted by Xiangshan Municipal Government. We would like to thank all our friends in Ningbo for making our stay both memorable and enjoyable.

FirstPathway Partners was duly honored to host the Investment Promotion Agency Delegation of the Peoples Republic of China (CIPA) Thursday, April 30. An estimated 90 invited guests were in attendance for the luncheon featuring distinguished guests Zhang Yingxin, Vice Director General of the CIPA, Secretary Richard Leinenkugel, and Director Mary Regal of The Wisconsin Department of Commerce. Event hosts included FirstPathway Partners, Foley & Lardner, the MMAC, the Wisconsin Department of Commerce and the Milwaukee Department of City Development.

The delegation was briefed on Milwaukee, FirstPathway’s EB5 program, freshwater development and preemptive international legal measures, during a private morning conference. Other notable events included a tour of The Park East Development better known as The Pabst City and a private banquet hosted by Governor Doyle in Madison.

During her visit Zhang Yingxin, spoke of the importance of global economies and China’s ties to Wisconsin. Her moving speech gave great indication to the success yielded by cooperation between the two nations. The state of Wisconsin was honored to host such influential and cooperative economic partners.

FirstPathway Partners is excited to announce the launch of its latest EB5 offering at the $500,000 level!  We have been working hard to designate more $500,000 investment areas in the Milwaukee Zone and we now have 3 large areas in the heart of the city where $500,000 investments can be made.  The designation applies to the Park East area, a large strip of land owned by Milwaukee County in Downtown Milwaukee, the Pabst Brewery Redevelopment (www.thebrewerymke.com), and the Menomonee Valley, home to Potawatomi Casino (www.paysbig.com) and many manufacturing and distribution operations.  All of the areas contain many great investments for our EB5 investors, so we are excited about extending the $500,000 option to them. The application fee for this half-million dollar investment is $50,000.
The accessibility of FirstPathway Partners’ unparalleled services at the $500,000 investment level is exciting news for investors and for the program as it continues to grow.  Contact a FirstPathway representative today to take advantage of this fantastic opportunity.

On August 26^th, Bob, Dick, Dan, and Megan had the opportunity to chat with the Beijing Ducks during their practice at the Milwaukee School of Engineering (MSOE). The Ducks are spending time in Milwaukee practicing for their return to China. Bob was the driving force in their last visit for the exhibition game, so it is wonderful that they have returned. Our friend Jason Li has been helping the Ducks by serving as an Assistant Coach and translator.