Washington, D.C. – March 9, 2018: Yesterday, Congress released a working draft of a new bill to reform the EB-5 visa program. The bill proposes several important changes to current law and also allows for new processes intended to help streamline the application process. The proposed legislation raises the minimum investment...
Washington, D.C. – January 19, 2018: As negotiations on Capitol Hill continue to reach agreement on a bill to fund operations of the U.S. federal government, employers and immigrants are frequently anxious about whether U.S. Citizenship & Immigration Services (USCIS) will also shut-down. The short answer to this concern is “no”,...
Star-studded event benefits Andrea Bocelli Foundation and Celebrity Fight Night Muhammed Ali Parkinson Center Jupiter, Fla (May 19, 2016) Nicholas Mastroianni II, CEO of Jupiter-based U.S. Immigration Fund, LLC, will serve as Co-Chair of the prestigious Celebrity Golf Tournament in Tuscany, Italy, hosted by famed tenor, Andrea Bocelli. He will serve along with event...
Originally posted by The Real Deal By E.B. Solomont, April 1, 2016 Nicholas Mastroianni II is a man in perpetual motion. The 52-year-old CEO of the U.S. Immigration Fund, which raises money from foreign investors for real estate developments through the EB-5 program, spends a considerable chunk of his time on the road. Last...
Originally posted by Wall Street Journal By Eliot Brown, March 26, 2016 The program, known as EB-5, received applications from 17,691 investors in 2015, up from 11,744 in 2014 and 6,554 in 2013, according to figures released last week by U.S. Citizenship and Immigration Services. In all, there were 21,988 investor applications pending...
Originally posted by Forbes.com By Andy Semotiuk, December 17, 2015 Despite recent strenuous efforts made by the Chairs and Ranking Members of the House and Senate Judiciary Committees to improve the EB5 investor immigration program as part of an omnibus appropriations bill currently to be enacted, Congressional leaders decided to sidestep the efforts...
Originally published in the Wall Street Journal, November 10, 2015 [caption id="attachment_1001" align="alignleft" width="300"] Cranes hover above the construction site of Related Cos.’ $20 billion Hudson Yards project in Manhattan. PHOTO: JOHN TAGGART FOR THE WALL STREET JOURNAL[/caption] The real-estate industry is splintering over a controversial program that has allowed developers of...
Leadership Palm Beach County (LPBC), a group which aims to identify and unite diverse leaders in order to increase understanding of countywide issues and improve participants’ ability to lead effectively, recently announced participants in their 2016 Leadership Engage Program. Among the 50 LPBC participants is Nicholas Mastroianni III, Vice President of...
Major changes are in store for the wildly popular visa-funding program. June 1, 2015 By E.B. Solomont, The Real Deal During the dark days of the credit crisis, New York developers discovered something of a silver bullet in a little-known U.S. immigration program. Now wildly popular and well-publicized, the EB-5 program offers a...
Manhattan’s luxury market continues to gain heat, as new buildings asking $6,742 a foot are selling at sky high prices well before completion. The demand for luxury apartments in New York City ensures success for EB-5 investors whose funds are going to US Immigration Fund projects The Charles and Bryant...