China Weekly Hangout: Why are the Chinese leaving their home country?

(Source:  The China Speakers Bureau - China Herald, Thanks to EB5 News Blog for sharing)  

Watch this 50-minute panel discussion video produced by Mr. Fons Tuinstra of the China Speaker Bureau.  It is very good insights on the reasons that Chinese are leaving their home country. Why are they going to the US and other countries? New trends in emigrations from China to the US by panelists Mr. Isaac Mao, Ms. Meixian Li and Mr. Richard Brubaker, who expects the number of Chinese leaving will be in the years to come give or take 20 million.

US House passes three year extension of EB-5 regional center program

On September 13, 2012, the U.S. House of Representatives passed S. 3245 (412-3) – which includes a three year re-authorization of the EB-5 Regional Center Program through September 2015.  Having passed by the Senate on August 2, the bill is now on its way to President Obama for signature – likely later this week.  Judiciary Committee Chair Lamar Smith (R-TX), Immigration Subcommittee Ranking Member Zoe Lofgren (D-CA), Representative Rick Larsen (D-WA), and Representative Peter Welch (D-VT) all spoke in favor of the EB-5 Regional Center Program re-authorization.

Visas-for-Dollars Program a Boon to Hotel Developers

New York Times published on September 6, 2012 a news article titled "Visas-for-Dollars Program a Boon to Hotel Developers" written by Janet Morrissey. In the past few years and current more hotel developers have successfully utilized EB-5 regional center program to raise funds for their projects throughout the United States. A main point in the article is that most foreigners who want to be involved with the EB-5 program are more concerned of receiving their permanent visa, than a high rate of return on their investment. 

See full article at  NEW YORK TIMES

For more information on EB-5 financing for development projects or for investment inquires,

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Guidance on EB-5 Adjudications Involving the Tenant-Occupancy Methodology.

This is an issue that will be brought up time and time again. USCIS released this back in May 2012, but it is still very valuable information. Please take a further read by clicking on the link that is provided below.

Read more here - USCIS Tenant-Occupancy Methodology

New York State Thruway I-90 proposed 45% increase in tolls?

NYS Thruway I-90

A projected 45% increase in tolls (mainly to big trucks) being criticized. This is HUGE news for the transportation industry in New York State. The increase will cause the usage of alternative routes, such as RT-104, I-390, I-81 and I-86 (which is the current location for the Rock Hill Town Center off exit 109 on I-86 located in Rock Hill, NY that will be developed in the near future). Change is not always negative, we should look at it from the positive side. The businesses off such routes could gain sufficient volume and sales. While development projects would be on the rise for the demand in goods and services for the local communities and new visitors. Read the more below regarding this developing issue.


Read more here - THRUWAY TOLL INCREASE STORY

USCIS: New Online Resource Provides Immigration Information in Up to 22 Different Languages

The USCIS released on July 26, 2012 that it has launched its online Multilingual Resource Center, a new feature on www.uscis.gov. With the new system in place it not only helps immigrants gathering and reviewing information, but the USCIS wants ensure that it communicates across many cultures and reaches a broader audience, while also ensuring that customers obtain information directly from USCIS, and not from unofficial - and possibly unscrupulous - sources.

READ ORIGINAL ARTICLE HERE

Director Mayorkas points out the importance of the new system in the article "Our Multilingual Resource Center is our most recent step in increasing customer access to important and accurate immigration information," said Director Alejandro Mayorkas. "By providing immigration information to our customers in their native languages, we improve our customers’ experience and enhance their ability to navigate our nation’s legal immigration system."   

READ ORIGINAL ARTICLE HERE

 

 

Concord Resort and Casino - A new approach. A new opportunity.

This site sits directly off of Interstate 86 Exit 106 and is less than4 miles from Rock Hill Town Center.  This project is a joint venture of Empire Resorts, Inc., which is controlled by the Genting Group of Malaysia, and Entertainment Property Trust, which is a $2.9 billion real estate investment trust.  Genting Group is one of the largest conglomerates in Asia with holdings in excess of $40 billion.  It is also one of the top gaming and casino operators in Asia (Resorts World) and was the original financial backer of Foxwoods Casino in Connecticut.  Together, Empire Resorts and Entertainment Property Trust have already invested in excess of $300,000,000 in Sullivan County, where the Rock Hill Town Center is located.  The Concord project will create in excess of 2000 immediate construction jobs and over 1500 permanent jobs.

Keep up to date on fresh news and changing developments here -

http://newcatskillsdestination.com/vision.html

  To learn about the exciting investing opportunity for Rock Hill Town Center:

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