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News

Cornyn in the middle of EB-5 visa reform fight
April 21, 2016
As seen on Watchdog.org and the print edition of the Washington Times FOLLOW THE MONEY: Bucking proposals to tighten or kill the scandal-plagued EB-5 program, Texas Republican Sen. John Cornyn has allied with Democratic colleague Chuck Schumer of N... -- read more
 
Can U.S. program that rewards wealthy foreigners with visas be fixed?
April 8, 2016
By David Eldridge InsideSources Dallas attorney Shae Armstrong says the government’s troubled EB-5 program — an increasingly controversial initiative that offers wealthy foreigners a visa in exchange for a $500,000 investment in the U.S. — ... -- read more
 
E3 Investment Group's CEO Matt Gordon Testifies at the House Judiciary Committee's EB-5 Hearing as an Expert Witness
February 16, 2016
E3 Investment Group is proud to announce that Chief Executive Officer Matt Gordon appeared before the United States House of Representatives Judiciary Committee as an expert witness at the committee's February 11, 2016 hearing on the EB-5 program.... -- read more
 
MAJA ANNOUNCES GRAVE CONCERNS WITH CONGRESS’ FAILURE TO PROTECT NATIONAL SECURITY WITH OMNIBUS APPROPRIATIONS BILL
December 18, 2015
WASHINGTON, December 17, 2015: After months of heated discussions regarding the EB-5 Regional Center (“RC”) Pilot program, which was set to expire last week, the Chairs and Ranking Members of the House and Senate Judiciary Committees agreed on lang... -- read more
 
National Security Nightmare
December 17, 2015
Advertisement run by MAJA - The United States' EB-5 Regional Center Program has serious flaws..... Click here to view ad -- read more
 
EB-5 Law Heading for Temporary Extension Without Changes
December 16, 2015
Monika Gonzalez Mesa, Daily Business Review - After months of intense negotiations, congressional leaders failed to reach a compromise on reforms for the EB-5 immigration program by the reauthorization deadline. "It will be very interesting to see... -- read more
 
Visa-investor reforms could boost rural Texas
December 11, 2015
New rules pending in Congress could have blocked foreign funding of at least two Texas projects. Saying the controversial EB-5 immigration system is “loaded with fraud and abuse,” Sen. Charles Grassley wants to tighten the program that grants ... -- read more
 
Latest Reforms to EB-5 Program Are Nearly Complete
December 10, 2015
Monika Gonzalez Mesa, Daily Business Review - Congressional leaders are nearly done with the latest reforms to the EB-5 immigration program that creates jobs by leveraging foreign interest in becoming a U.S. Citizen. But whether they will meet the... -- read more
 
The Death of EB-5 Has Been Greatly Exaggerated
December 9, 2015
Earlier this year we discussed the uncertain future of the EB-5 Visa Program, one of the most successful inbound investment programs of recent years, as evidenced by the $5.2 billion dollars the program has generated in the past ten years alone. Althou... -- read more
 
Future of Immigrant Visa Program Has High-End Builders At Odds - WSJ
November 10, 2015
Lobbying picks up as Congress debates future of EB-5 program By Eliot Brown   The real-estate industry is splintering over a controversial program that has allowed developers of high-end towers to benefit from cheap financing thanks to imm... -- read more
 
Sen. Dianne Feinstein calls for an end to EB5
November 4, 2015
Top Democrat says program sends “terrible message” that US citizenship is for sale...in New York City Real Estate News Click here to view article -- read more
 
SUPPORT REFORMS TO THE EB-5 REGIONAL CENTER PROGRAM: Co-Sponsor S. 1501, the American Job Creation and Investment Promotion Reform Act of 2015
October 21, 2015
By: Wade Henderson President & CEO - The Leadership Conference on Civil and Human Rights Dear Senator, On behalf of The Leadership Conference on Civil and Human Rights, a coalition charged by its diverse membership of more than 200 national o... -- read more
 
Wall Street Journal: Swanky New York Condo Project Exploits Aid Program
October 13, 2015
Manhattan developer capitalizes on low-cost ‘EB-5’ funding aimed at ailing areas Click here to read full article -- read more
 
Immigrant Investors Program Up for Renewal - by Rebekah Mintzer in Texas Lawyer
October 9, 2015
MAJA was referenced in this article in Texas Lawyer by Rebekah Mintzer Click here to read full article -- read more
 
Gerrymandering in EB-5 Program Flies in the Face of Congressional Intent
October 8, 2015
Senator Grassley:  from the official Congressional Record Click here to read full transcript -- read more
 
EB5 Visa Overhaul Stalled Over Where to Create Jobs
October 6, 2015
CQ News: CQ Roll Call - by Emily Wilkins ...some groups believe taking commuter patterns into account still heavily benefits projects in urban areas, said Shae Armstrong, a lawyer with More American Jobs Alliance, which advocates for the EB5  pro... -- read more
 
Short-term EB-5 Regional Center Program extension would defy logic - by Shae Armstrong
September 30, 2015
The 1992 EB-5 Immigrant Investment Pilot Program (the “Regional Center Program”), a subset of the original 1990 EB-5 regulations (the “EB-5 Program”), should be permitted to expire on September 30, 2015. Click here to view full article -- read more
 
Upscale Dallas project cashes in on EB-5 visa program - watchdog.org
September 24, 2015
A luxury apartment tower in affluent uptown Dallas obtained millions of dollars through an immigration program designed to aid depressed areas of Texas. The joint venture by the city of Dallas and Civitas Capital Group secured funding from more th... -- read more
 
New York Times: TO AMERICAN WORKERS - The Direct EB-5 Program creates real American jobs like mine.
September 22, 2015
May we draw your attention to certain special interest groups that are misleading Congress at the expense of American workers? Click here to view full article   -- read more
 
Should Congress Let Wealthy Foreigners Buy Green Cards?
September 21, 2015
Each year, America grants green cards to 10,000 rich investors, the vast majority of whom are Chinese. Is this program creating enough jobs to warrant its continuation? Click here to read full article -- read more
 
Waste and abuse in the EB-5 immigrant investment program
September 11, 2015
By Shae Armstrong | Watchdog Opinion: As the world grows smaller, foreign capital continues to emerge as a viable option for U.S. real estate developers.  The EB-5 Immigrant Investment program  is a popular category among this foreign direct inve... -- read more
 
LETTER FROM WASHINGTON: Immigrant investors spawn new US industry
September 10, 2015
Convoluted immigrant investor programme heavily abused on the US side, writes Simon Barber. Click here to read article -- read more
 
Law 360 Article on MAJA
September 10, 2015
Law360 is a daily email rag that is subscribed to by lots of lawyers and such all over U.S., operated by Lexis Nexis. It has a fairly new immigration newsletter in which this appeared today. Click here to view article -- read more
 
EB-5 Investment Coalition Email Response
September 10, 2015
As a follow-up to our call last Thursday, we wanted to give you materials to use when contacting your local Congressional offices. Please contact the office directly or use this link and find your local Congressperson. http://www.house.gov/represe... -- read more
 
How a U.S. Visa-for-Cash plan funds luxury apartment buildings
September 9, 2015
Program meant to spur jobs in poor areas, largely finances developments in affluent neighborhoods. Click here to read article -- read more
 
5 Things to Know About EB-5 Real Estate Finance
September 9, 2015
The EB-5 immigrant investor program was meant to create jobs, particularily in rural and struggling city neigborhoods. Instead, as a page-one article in the Wall Street Journal explains, it is being dominated by large urban developers whose projects in... -- read more
 
The Wall Street Journal – TO AMERICAN WORKERS
September 8, 2015
May we draw your attention to certain special interest groups that are misleading Congress at the expense of American workers? As follows: The Immigration Act of 1990 created the Immigrant Investor Program as the fifth preference category for empl... -- read more
 
Special Interest Groups Pressure Congress on Regional Center Program Reauthorization under the EB-5 Legislation
September 8, 2015
MAJA, the More American Jobs Alliance, is taking a stand against special interest groups which seek to undermine the benefit of the Immigrant Investor Program (known as ‘EB-5’) to the United States economy and American workers. The Regional Center ... -- read more
 
Grandfathering Clause in EB-5 Reauthorization Bill will Cause a 390 Job Loss for Alabamians
September 8, 2015
As the pressure mounts for Congress to pass new EB-5 legislation to reauthorize the EB-5 Regional Center program due to expire on September 30, 2015, community and state leaders in Alabama wait to see if the grandfathering clause in the current Senate ... -- read more
 
More than $3 Billion in Open Direct Job Projects Identified for the American Economy: Improvements to the EB-5 Immigrant Investor program are vital to ensure optimal investment for the U.S.
August 20, 2015
Washington, August 20, 2015: Projects representing more than $3 billion in direct job opportunities utilizing the EB-5 Immigrant Investor program represent the importance of improving the efficiency of the EB-5 program. MAJA, the More American Jobs All... -- read more
 
MAJA Opens Discussion for Amendments to the EB-5 Visa Immigration Bill
August 11, 2015
Washington, August 11, 2015: The More American Jobs Alliance (MAJA)’s tireless efforts to draw awareness to the bipartisan Bill S.1501, the American Job Creation and Investment Promotion Reform Act, has sparked heavy discussions among leaders of the ... -- read more
 
More Than 20 Democratic and Republican Leaders of the Senate and House Meet with Members of MAJA to Discuss EB-5 Immigrant Investment Program
July 29, 2015
Members of the newly formed More American Jobs Alliance (MAJA), have been diligently meeting with leaders of the Senate and House, key legislative staff and committees over the last several months to raise concern over the American Job Creation and Inv... -- read more
 
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