Latest News and Blog Posts

Latest News and Blog Posts

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Robert Kraft Panelist at 2018 AILA & IIUSA EB-5 Industry Forum
October 31, 2018 - FirstPathway Partners sponsored the 2018 AILA & IIUSA EB-5 Industry Forum in Chicago, where FPP CEO and IIUSA President, Bob Kraft participated as an expert panelist.
posted by Jessica Melka
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DOS to Issue Slightly More Visas in 2019
October 30, 2018 – Charlie Oppenheim, Chief of the Visa Controls Office at the U.S.
posted by Jessica Melka
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November 2018 Visa Bulletin Reports Advanced Cutoff Date for Mainland-China and Vietnam Born EB-5 Applicants
Last week, IIUSA reported on the U.S. Department of State – Bureau of Consular Affairs releasing the Visa Bulletin for the month of November 2018 (View PDF).
posted by Jessica Melka
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EB-5 Regulatory Update
On October 17, 2018, the Trump Administration released the Fall 2018 Unified Regulatory Agenda. The Agenda provided updated timelines for existing regulations including a new date for the "EB-5 Immigrant Investor Modernization" regulation to move to Final Rule on 11/00/2018 which has advanced from 08/00/2018.
posted by Jessica Melka
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Milwaukee Business Journal Reports on BMO Tower

October 17, 2018 - The Milwaukee Business Journal provided an exclusive report on the construction of the BMO Tower in Milwaukee, a FirstPathway Partners EB-5 project. 

posted by Jessica Melka
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IIUSA Reports on Statistics of Form I-526 for FY17
Lee Li, IIUSA Policy Analyst, recently reported on the latest addition of statistics of Form I-526 (Immigrant Petition by Alien Entrepreneur) by investor’s country of chargeability for fiscal year (FY) 2017. 
 
The I-526 analysis aims to illustrate the newest trends and developments among the top EB-5 investor markets in FY2017.
posted by Jessica Melka
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USCIS Filing Chart (B) Update for EB-5 Applicants

Starting October 2018, USCIS will accept adjustment of status (“AOS”) applications from employment-based categories based on cut-off dates set in Chart B of the Visa Bulletin. For China EB-5 applicants, this means that eligible individuals with priority dates earlier than October 1, 2014, may file an AOS application starting on October 1, 2018.

posted by Jessica Melka
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Kraft Submits Response to Wall Street Journal Article
Last week, Invest in the USA (IIUSA), the EB-5 industry trade association, submitted the following response on behalf of Robert Kraft to the Wall Street Journal in response to their print edition commentary "No More Pay-to-Play Green Cards".
 

EB-5 Immigrants are Investing in our Communities and Creating Thousands of Jobs at No Cost to the

posted by Jessica Melka
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EB-5 Regional Center Program Extended to December 7th

September 28, 2018, President Trump signed a spending package that includes a short-term continuing resolution (CR) extending the EB-5 Regional Center Program through December 7, 2018.

posted by Jessica Melka
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Global Banquet Series Joins Together EB-5 Professionals
September 24, 2018 - FirstPathway Partners sponsored the 2018 Global Banquet Series event in Vietnam and South Korea, where FPP's Managing Director – Asia Pacific, Jake Alpren, participated as an expert panelist.
posted by Jessica Melka
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Robert Kraft Supports IIUSA Filing Amicus Brief for Visa Backlog Litigation
On September 21, 2018, Invest in the USA (IIUSA), the non-profit trade association of the EB-5 Regional Center industry, filed an Amicus Brief in support of the plaintiffs of federal litigation (Case No.: 18-cv-1732-TSC) that seeks relief to the growing visa backlog for the EB-5 visa category.
 
The brief augments the plaintiffs claim that a simple and legal solution
posted by Jessica Melka
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BMO Tower Continues to Climb

September 17, 2018 - Irgens Partners, through contractor J.H. Findorff & Son, is moving construction along at full speed on the BMO Harris Financial Center, a 25-story full glass, office tower. The EB-5 funded project will feature a number of amenities, including a shared multi-media conference center, common tenant lounge, and terrace on the 12th floor.

posted by Jessica Melka
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Global Water Center Celebrates 5-Year Anniversary
September 12, 2018, marks the 5th anniversary of the Global Water Center (GWC), a FirstPathway Partners EB-5 project.  To commemorate these past 5 years, Governor, Scott Walker, offered a toast to the Global Water Center’s journey, most recent successes, and to making Wisconsin a leader in clean water technology.
posted by Jessica Melka
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Robert Kraft Shares Thoughts on EB-5 Sustainability with Korea Business News
Last week, FirstPathway Partners CEO and Chairman Robert Kraft was featured by Korea Business News.
posted by Jessica Melka
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Milwaukee Business Journal Reports on Global Water Center Collaboration with Israel

On August 29, 2018, the Milwaukee Business Journal reported a collaboration on how Israel is working with Wisconsin, specifically The Global Water Center (The Water Council), an EB-5 project, to share innovations for each other’s water technology industries.

posted by Jessica Melka
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