Eb-5 Summit Brings Together Potential Investors, Regional Center Executives And Attorneys
Executives of American Regional Center Group or ARCG of Florida headed to the Big Apple in December to take part in the EB-5 Summit for Attorneys and Developers. The event at The Stand Hotel, located at 33 West 37th Street, in New York City.
Online, March 11, 2014 (Newswire.com) - The EB-5 Summit is a one-of-a-kind workshop bringing together experts and practitioners on both sides of the EB-5 equation. New trends, recent policies and immigration matters were among the topics presented during the summit.
"This EB-5 Summit is an excellent format for obtaining the latest EB-5 Visa information and understanding the latest trends in the often complicated process," said Santiago Steed, co-founder of ARCG, Chief Financial Officer (CFO) of Patagonia Financial Holdings, a value-oriented Private Equity Firm and EB-5 Visa Expert. Steed's business partner, Gonzalo Lopez-Jordan also took part in the summit.
Participants received a wealth of knowledge in the one-day summit from leaders at the top of the industry. Speakers included: discussion leader Parisa Karaahmet, Charles Foster, Enrique Gonzalez (personal advisor in immigration matters to U.S. Senator Marco Rubio), William Gresser, Nima Korpivaara, Dan Lundy, John Marcus Payne, Michael Petrucelli, Nenad Radu, John Roth, Dan Schwarz, Reid Thomas and Clem Turner.
"All of the speakers were extremely knowledgeable," said Lopez-Jordan. "I highly recommend this future EB-5 Summit to both those new to the EB-5 process and those knowledgeable in the field," added Lopez-Jordan.
EB-5 Visa are a legal and one of the most flexible paths to a green card and U.S. citizenship. Congress created the program in 1990 as a way to boost the U.S.
Economy. The program encourages foreign investors to invest in the U.S. and create jobs. It requires foreign investors to invest $1 million dollars or $500,000 if the investment is made in a Targeted Employment Area or TEA, which is an area that is designated as rural or facing high unemployment.
Qualified investors receive a conditional green card for two years. After that, and upon arrival of the I-829 petition, the green card becomes permanent for the investor and his or her immediate family members. The investor, spouse and unmarried children under age 21 at the time of petition, can then apply for permanent U.S. residence based on the investment.
