Latest EB-5 News and Blog Posts

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.

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.

Earlier this week, U.S. Department of State – Bureau of Consular Affairs released the Visa Bulletin for the month of September 2018 (View PDF) revealing a cutoff date of August 8, 2014, for Mainland-China and Vietnam born visa applicants which has advanced from the August visa bulletin.

With ongoing plans for expansion and transformation, the luxury hotel chain was recently recognized by Forbes as the world’s largest hotel operator in revenue, profit, and market value and rated as one of the top hotels on the Global 2,000 list. 

On July 25, 2018, a lawsuit, case 18-cv-1732, was filed by the American Lending Center and EB-5 investors whose children have become victim to ‘aging out’.

New activity stirred up attention at the BMO Harris Bank Tower site on Tuesday, July 31, as contractors began pouring what will be the first above-ground floor. As the Milwaukee Business Journal reports, the 410 cubic yards of concrete poured out during a four-hour period and will become the deck for the 25-story building’s main lobby - a restaurant and retail branch for BMO Harris Bank.

Milwaukee’s regional water technology industry (supported by The Water Council) was recently named by The Brookings Institute as one of the best industry clusters in the nation. 

On Monday, July 23, FirstPathway Partners CEO and Chairman, Robert Kraft visited the construction site of the new JW Marriott in Anaheim, California. Kraft was joined by award-winning site developer, Ajesh Patel of Prospera Hotels. 

Last week, U.S. Department of State – Bureau of Consular Affairs released the Visa Bulletin for the month of August 2018 revealing a cutoff date of August 1, 2014, for Mainland-China and Vietnam born visa applicants which remained unchanged from the July bulletin.

The USCIS Immigrant Investor Program Office (IPO) recently released the quarterly processing statistics for I-526 and I-829 petitions through Q2 (January – March) of Fiscal Year (FY) 2018. Below are some highlights from those reports provided by IIUSA.

Earlier last week, the Office of the Citizenship and Immigration Services Ombudsman (Ombudsman) submitted its 2018 Annual Report to Congress. The Ombudsman's role is to assist individuals and employers with problems with USCIS and make recommendations to improve the delivery of immigration services. The Ombudsman is an independent Department of Homeland Security component.