Lawmakers in Washington D.C. are reporting progress on bipartisan efforts to reform U.S. immigration laws. An agreement on proposed legislation to change the system could be announced by the end of January, 2013. Democratic Senator Robert Menedez told ABC’s This Week program “I am cautiously optimistic. I see the right spirit....
During the week of February 11, 2013, as part of President Obama’s agenda for his second term in office, the Senate Judiciary Committee of the 113th Congress hosted its first hearing on comprehensive immigration reform. A diverse group of witnesses testified on the U.S. immigration policy, and the EB-5 Program was...
The New York real estate market demonstrated quality improvement over the fourth quarter of 2012, and looks forward to a growing and prospering year in 2013, according to recent reports from Halstead. The fourth quarter showed 40% more closings and an increase in luxury, high-end sales. Over 12,000 apartments sold in...
Chinese investors are gaining notice for their interest in South Florida, putting a squeeze on Canadian buyers in search of deals, according to recent reports from Florida real estate agents and researchers. While Chinese investors have long flocked to booming areas such as Manhattan, Bordeaux, London and Australia’s Gold Coast,...
Even though South Florida was one of the hardest hit real estate markets, it’s now the most improved. According to a January report from ZipRealty, a California brokerage firm, Palm Beach County’s median home price hit $169,000 in December, marking a 35% increase for the year. Neighboring Broward County’s median price...
The promise of opportunity and the safety in investing in the U.S. are bringing more and more individuals to parts of the country that are now developing into industrialized zones, profitable multi-use establishments and tourism centers. Through the use of the EB-5 immigrant investor program, states have been able to...
Real Estate Market Analysts in South Florida expect a transition to more normal market conditions in 2013, meaning 2012 served as a successful year of rebounding and rebuilding. After six years of declines in the South Florida real estate market, 2012 saw more confident homebuilders who filled orders and increased...
There are numerous reasons why Chinese individuals decide to leave their native homeland for the United States, which range from problems with China to dreams of better options in the States. The number 1 reason why Chinese immigrants choose America, though, is for the schools. According to the 2012 Annual Report...
While China’s rapid development has improved the lives of many Chinese, and made a substantial amount of individuals rich, many of the wealthiest citizens are heading overseas. This rush to put money into Western nations rather than China is leaving economists and social experts suspect of the effects it will...
The majority of emigrants become “investment immigrants,” using programs developed by other nations to boost local economies. Examples include the United States’ EB5 Immigrant Investor program, which offers green cards in exchange for investments of $500,000 or $1M. From 2007 to 2011, Chinese applications for the US EB5 visa program have increased 100%. Furthermore, the...