Mercedes-Benz is embarking on an ambitious architectural endeavor in Miami, marking its foray into the realm of luxury real estate. Following the announcement of a towering skyscraper project in Dubai, the renowned automaker has unveiled plans for its inaugural United States building – a captivating residential tower rising in Miami's vibrant Brickell neighborhood. Named Mercedes-Benz Places in...
Miami's Downtown skyline is about to be adorned with a new jewel—Gale Hotel & Residences Miami. This visionary project, located at 601 NE First Avenue, spearheaded by hospitality entrepreneur Keith Menin and Marisa Galbut through Sixth Street Miami Partners LLC, promises a blend of upscale living and unparalleled hospitality. Developed by GFO Investments and exclusively marketed by Cervera Real...
The EB-5 visa, also known as the "investor visa," is a powerful tool for individuals looking to obtain permanent residency in the United States. This visa category is designed for foreign investors who are willing to invest a significant amount of money in a U.S. business or project, with the goal of creating jobs and stimulating economic growth. Find EB-5 Visa Investments in Miami, Florida Benefits...
How can an entity become a regional center? Entities seeking to be designated as a regional center are required to file Form I-956, Application for Regional Center Designation. USCIS will be publishing this new form, including the form instructions, with additional information regarding the filing process by May 14, 2022. Is USIF a USCIS designated regional center? Yes, U.S. Immigration Fund was...
How many Green Cards are allocated each year for foreign investors who invest through the EB-5 Visa Program? The EB-5 visa program makes approximately 10,000 visas available per year to immigrant investors who invest in commercial enterprises that create at least 10 U.S. jobs. Is there a visa waiting list for me? Currently, there is no waiting list for investors for countries other than Mainland...
How long does the EB-5 process take? Generally, the I-526 adjudication process takes about 15-18 months for the EB-5 investor to receive an approval. A conditional two-year green card is usually received within two years of the initial application. Two months before the expiration of the investor’s conditional green card, the investor must file Form I-829 to remove conditions on his/her permanent...
Does the entire $800,000 investment have to be made at the time of applying for an EB-5 visa? Yes. Per USCIS, the investment and fees must be deposited in full prior to filing the I-526 application with USCIS. How can I submit my investment funds? The escrow agreement which includes wire instruction for the escrow account, is provided to you with offering documents. Your agent will confirm...
What documents and information are required for my I-526 Petition? Your attorney will review the documents required for your I-526 petition. As part of the documentation and evidence gathering, the investor will need to provide detailed documentation showing how his investment capital was acquired. USCIS requires proof of lawful source of funds and independent evidence support all investment...
When do the new EB-5 rules become effective? November 21, 2019. All new I-526 visa petitions filed on or after November 21, 2019, must satisfy the new requirements set out in the Final Rule. Will the minimum investment amount go up on November 21, 2019? Yes. The minimum investment amounts will increase to US$800,000 for investments in rural areas or high unemployment areas (known as a...
Miami’s Building Department issued approval on April 28 for total demolition of a building on the site where the 44-story Lofty Residences tower is planned. According to the demolition permit, a total of 20,000 square feet of space is being demolished, at an estimated cost of $105,400. LOFTY Brickell, Waterfront Luxury Residences More than half of these units are already sold! Find out more...