Orlando soccer stadium could get you a US Green Card


We will keep you updated but saw in the ORLANDO SENTINEL that overseas residents who invest in Orlando soccer stadium could get US Green Cards – through the EB5 Regional Centre programme.

Investors could get green cards at Orlando City’s new soccer stadium if they pay $500,000 each to help build it.

Bill’s note – the investment level is set to rise to $800,000 in September. Please call or email us asap if you think this Visa may be an option for you and your family.

The Employment-Based Immigration Investor Program, or EB-5, was created by Congress in 1990 to encourage foreign investment in the nation’s blighted urban cores and rural areas by offering a path to citizenship as an incentive.

Flávio Augusto da Silva, the Orlando team’s majority owner, said he aims to raise half the cost of the $156 million stadium with EB-5 money.


Defenders say EB-5 has created thousands of permanent jobs in the U.S. and generated billions for new projects including condominiums, hotels, and shopping malls.

After investing their money, EB-5 applicants typically wait 16 to 24 months for a temporary green card, he said. They can seek U.S. citizenship five years later.

Investors in the Orlando soccer stadium also receive a stake in the company that runs the stadium and two club seats for 10 years.

Happy Orlando Soccer Stadium (and “Green Card”) investing!

Lake Buena Vista Resort and Spa is another local EB5 Regional Centre.

Bill Cowie, Director



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EB5 Visa

EB-5: America’s institutions stress test the world’s favourite investor visa

America’s leading regulators, SEC and FINSA, will examine the EB-5 in 2016

Debates in Congress over the EB-5 programme continued late into the night

The EB-5 visa programme for investors may have survived its American lawmakers, but changes could be inevitable as the country’s financial regulators get in on the game. The visa earned itself a temporary reprieve last December after months of debate. It has been renewed until 30 September 2016 when Congress, once again, will debate whether to raise the entry threshold and impose stricter scrutiny by Homeland Security.

The EB-5 programme offers affluent business people residency in the U.S. (Green Card) in exchange for investment and job creation. It is currently the world’s most popular golden visa programme and has delivered some 720 residence permits per month on average since it was launched in 1990. In 2014, Chinese investors snapped up 9,128 of these visas (figures include family members).

It ignited several months of hot debates in Congress (the governing body that created the EB-5), but lawmakers failed to find consensus over key changes to the rules: in particular, the question of restricting 60% of the visa quota to specific investment projects and the controversial clause pertaining to employment in “regional centres”. Currently, investors in the “regional centres” can declare indirect employment as part of their 10-job quota. Simply put, investors can claim jobs in surrounding businesses as their “own” for EB-5 criteria, as a consequence of growth linked to their investment, in lieu of direct employment.

Suggested amendments to the EB-5 programme:

– limited number of qualifying investment projects

– minimum threshold raised to $800,000

– stricter oversight on candidate applications and the activity of regional centres

– defined quota of visas allocated by project and location

Despite the decision in Congress, the EB-5 probation period got off to a bad start. In January 2016, U.S. financial regulators launched probes into the programme following concerns over fraud and due diligence pertaining to the real estate industry. The Securities and Exchange Commission (SEC) has upgraded it to a “exam priority” target while the Financial Industry Regulatory Authority (FINRA), which regulates broker-dealers, plans to “address concerns [over] suitability, disclosure and due diligence for private placements.”

Property developers stand to earn billions from foreign investors and may have helped sway the decision in Congress. According to OpenSecrets.org, lobbying on the EB-5 question cost them about $730,000 over the past months alone. Estimates by The Real Deal also suggest that investors (mostly Chinese) spent over $3.7 billion in the programme in 2015.

Affluent foreign nationals have been creating waves in the real estate industry over the last year or so. Sluggish growth, weak commodities’ trading and currency devaluations as well as growing geopolitical instability around the world provoked a flood of overseas investments into prime property in the United States in 2015. Chinese investors became the centre of attention as they outbid the competition, and eventually replaced the Canadians as America’s biggest investors.

Foreign citizens are eligible for the EB-5 visa regardless of their descent, sex, language proficiency and other details. They need to invest in a commercial enterprise that creates 10 or more full-time jobs for American residents (35 hours per week at least). The general minimum investment is $1 million, or $500,000 for “Targeted Employment Areas” (high unemployment or rural zones). If these conditions are met, EB-5 applicants earn a Green Card, valid for two years of lawful residency in the United States. It also allows them to bring family members.

Heightened media coverage and negative public opinion in the country’s most expensive markets also attracted the interest of authorities, particularly with regards to the origin of funds used to buy luxury and prime property. On January 16, the U.S. Treasury Department announced a project requiring title companies to disclose the names behind shell companies buying expensive property. This pilot programme will target “all cash” purchases over $3 million in New York City and $1 million in Miami Dade, following suspicions of “dirty money” and “corrupt foreign officials”.

Florida real estate developer, EB-5 Investment Manager LLC, run by Lin (a.k.a. Lily) Zhong, is at the forefront of these scandals assailing America’s investor visa programme. In November 2015, the SEC obtained a court order to freeze the company’s assets after Zhong, a New Zealand citizen, allegedly diverted $1 million from funds she rose within the scope of the EB-5 program. She is accused of having spent this money on personal luxury items including a boat, cars and a house from a total $8.5 million collected from Chinese investors.

These debates and probes signal a positive move towards stricter transparency thanks to the growing popularity of the EB-5, American real estate and the country’s economy. From just 700 visas issued in 2007, the programme reached its quota limit in both 2014 and 2015 according to The Atlantic, an American literary and political magazine.

Regulators, banks and the property industry are still working to make up the ground lost nearly a decade ago. New laws and amendments on opaque transactions are a natural consequence of the short-sighted policies and fraudulent decisions that first rocked the boat in 2007. Strides towards transparency will no doubt continue to be made as the United States and global market players wait for the current economic confusion to play out.

New US Visa for International Property Investors

Here is some new US Visa news from Nick Timiraos at the WALL STREET JOURNAL:

We are finding out more about the programme which appears to be a variation on the EB5 Visa. It mentions a new Bill being voted on thatintroduces a Visa that would allow British Investors to invest in US Real Estate and obtain a residence visa.

If you would like more information on this, or other types of visas that allow you and your family to live and work in the US please use this contact form 0r call us on (+1) 407 396 9914

Foreigners’ Sweetener: Buy House, Get a Visa

The reeling US housing market has come to this: To shore it up, two Senators are preparing to introduce a bipartisan bill Thursday that would give residence visas to foreigners who spend at least $500,000 to buy houses in the U.S.

The provision is part of a larger package of immigration measures, co-authored by Sens. Charles Schumer (D., N.Y.) and Mike Lee (R., Utah), designed to spur more foreign investment in the U.S.

Foreigners have accounted for a growing share of home purchases in South Florida, Southern California, Arizona and other hard-hit markets. Chinese and Canadian buyers, among others, are taking advantage not only of big declines in U.S. home prices and reduced competition from Americans but also of favorable foreign exchange rates.

To fuel this demand, the proposed measure would offer visas to any foreigner making a cash investment of at least $500,000 on residential real-estate-a single-family house, condo or townhouse. Applicants can spend the entire amount on one house or spend as little as $250,000 on a residence and invest the rest in other residential real estate, which can be rented out.

The measure would complement existing visa programs that allow foreigners to enter the U.S. if they invest in new businesses that create jobs. Backers believe the initiative would help soak up an excess supply of inventory when many would-be American home buyers are holding back because they’re concerned about their jobs or because they would have to take a big loss to sell their current house.

“This is a way to create more demand without costing the federal government a nickel,” Sen. Schumer said in an interview.

International buyers accounted for around $82 billion in U.S. residential real-estate sales for the year ending in March, up from $66 billion during the previous year period, according to data from the National Association of Realtors. Foreign buyers accounted for at least 5.5% of all home sales in Miami and 4.3% of Phoenix home sales during the month of July, according to MDA DataQuick.

Foreigners immigrating to the U.S. with the new visa wouldn’t be able to work here unless they obtained a regular work visa through the normal process. They’d be allowed to bring a spouse and any children under the age of 18 but they wouldn’t be able to stay in the country legally on the new visa once they sold their properties.

The provision would create visas that are separate from current programs so as to not displace anyone waiting for other visas. There would be no cap on the home-buyer visa program.

Over the past year, Canadians accounted for one quarter of foreign home buyers, and buyers from China, Mexico, Great Britain, and India accounted for another quarter, according to the National Association of Realtors. For buyers from some countries, restrictive immigration rules are “a deterrent to purchase here, for sure,” says Sally Daley, a real-estate agent in Vero Beach, Fla. She estimates that around one-third of her sales this year have gone to foreigners, an all-time high.

“Without them, we would be stagnant,” says Ms. Daley. “They’re hiring contractors, buying furniture, and they’re also helping the market correct by getting inventory whittled down.”

Bill’s Bit:

Progress at last!

New US Retirement Visa Program for International Buyers

Saw another new article on US Visas for International Buyers today from Michael Gerrity from the WORLD PROPERTY CHANNEL. It mentions a Retirement to the US Visa known as the ‘Silver Card’.

If you you like more information on a US Visa that best fits your circumstances, please use our quick US Visa Contact Form or call (+1) 407 396 9914.

Passage of New US Retirement Visa Program for International Buyers Could Create 300,000 New US Jobs

We all know the key issue to restoring U.S. housing markets, plus the U.S. economy overall, is job creation. It’s even the centerpiece of President Obama’s current agenda with his proposed Jobs Act Bill.

But an interesting idea floating around the leadership, and membership of the Florida Association of Realtors (FAR) since 2009, could now potentially create over 300,000 new jobs across the U.S. in short order.

It is the Retirement Visa Program, now affectionately called the “Silver Card.”

The Issue

The current visa system does not allow foreign citizens who own a retirement or vacation home in the United States to use that home on a full-time basis, and/or to enter and exit the U.S. without restriction.

The Florida Realtors Board of Directors supported in August 2009 a retirement visa program and initiated discussions with a coalition of interested groups outside the Realtor organization who will work to advance a federal retirement visa. This program was referred to the Public Policy Committee for further action. Florida Realtors Public Policy team continues to work with NAR’s Public Policy team on this “Silver Card” debate.

In addition, Florida Realtors commissioned research on this issue from Florida Tax Watch. The findings of the report were that a retirement visa would revive Florida’s economy. By analyzing the impact of a retirement visa on Florida’s economy, the report predicted a total number of jobs cumulatively created or supported by this additional investment in housing could range from 113,000 to 339,000 units. Additionally the GSP (Gross State Product) will reach a cumulative total of $25 billion, and the contribution to total sales is estimated between $15 and $44.7 billion.

“A large percentage of Florida property sales each year are to international buyers,” said 2011 Florida Realtors president Patricia Fitzgerald. “Realtors across the state work with clients from many different countries, who want to invest in Florida real estate or own a home in the Sunshine State. Florida Realtors supports a retirement visa, and continues to have discussions with other interested groups seeking to advance the program on the federal level.”

Legislative Outlook

FAR tells the World Property Channel that the outlook for immigration reform is uncertain at this time. As it has long been a contentious topic, little immigration reform legislation has successfully advanced. While there has been talk of Administrative support for addressing comprehensive immigration reform, the outlook for such an effort is extremely uncertain. The contentiousness of even limited reform proposals (explained more below), coupled with concerns over taking on yet another large contentious issue right on the heels of bruising debates over health reform and climate change, puts comprehensive reform legislation in doubt.

Historically speaking, the opposition to limited or targeted immigration reform has come both from those who oppose changing the nation’s current immigration laws, and those seeking comprehensive change. The concern has been that efforts to address any individual immigration-related issues, including those enjoying widespread support, will diminish momentum in Congress for broader immigration reform. Consequently, these pro-immigration groups have successfully targeted and blocked a number of popular immigration legislative proposals from consideration.

At the request of the NAR Leadership Team, research to evaluate the likely level of demand for a new retirement visa category was conducted by the Harris Interactive Omnibus Survey. Adults in five countries (Canada, Mexico, Great Britain, France and Germany), whose citizens have demonstrated an interest in the U.S. as a second home destination, were surveyed. The responses indicated that while a visa’s length of stay limitations did play a role in a small number of cases, concerns with new potential tax burdens played the largest role in foreign citizens’ decisions to purchase U.S. properties. Since existing NAR policy precludes support for more favorable tax treatment for foreign citizens than is accorded to U.S. citizens, this result proved problematic for efforts to overcome this critical barrier for foreign retiree purchases.

The survey results were forwarded to the leadership of the NAR policy committees with jurisdiction over the issues involved, including the Global Business Committee and Alliances, Business Issues Committee, Federal Taxation Committee and the Resorts/Second Home Committee. Based on the survey results and a review of the Congressional timeline for any possible immigration reform legislation, the committees recommended against pursuing this issue further at this time. The committees did recommend, however, that NAR continue to monitor the broader immigration debate and immediately revisit the issue should actions by the federal government warrant such a reexamination. The committee leadership also recommended that NAR focus on educating NAR members on the already existing business development opportunities vis-à-vis foreign buyers.

The Leadership Team accepted the recommendation of the committees. Consequently, NAR staff continuously monitors Congressional activities in the immigration arena for opportunities to reopen this effort and educate members on the opportunities that exist under current law.

NAR has no formal policy on the retirement visa issue. Past consideration of the issue by NAR’s policy committees resulted in competing and divergent policy recommendations. NAR does have policy supporting the right of foreign nationals to purchase property in the United States and opposing needless barriers to those purchases.

Bill’s Bit

For those high net-worth families wanting to take the “fast track” to virtually immediate US residency (usually within a year) there is always the US “EB5 Investment Visa”.

For a returnable investment (customarily within 3 – 5 years) of $500,000 in a US government-designated “Regional Center” a US permanent resident “Green Card” visa will be issued to your ENTIRE FAMILY (see www.eb5investmentvisas.com).

So let us know if you plan to retire to your place in the Florida sun – where everyone speaks English and the living costs are low.

Exciting stuff!

Enjoy the weekend!

Bill Cowie

Kissimmee Office 407 396 9914

British-American Chamber of Commerce Advisory Board

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EB-5 Visa update from Lake Buena Vista Resort

An EB-5 Visa update from Lake Buena Vista Resort here in Orlando:

The Lake Buena Vista Resort continues to surpass its occupancy numbers for the last two years. In March 2011, we enjoyed 92% occupancy rate versus 84% in March 2010 and these figures continue to increase. More and more people are finding out about our Resort and the excellent ratings and reviews we are receiving from our guests.

Since the Lake Buena Vista Resort is located only minutes away from Disney World and close to SeaWorld and Universal Studios (featuring the Wizarding World of Harry Potter), this is an excellent location for visiting all the popular theme parks. Our spectacular Pirates Plunge Aquatic Center features a derelict pirate ship and waterslide which is a huge hit with kids young and old. The poolside tiki bar and three hot tubs around the pool area seem to keep the adults happily content. Don’t delay, make your reservation today. Just go to www.lbvorlandoresort.com or call 1-866-401-2699 and speak with one of our reservation specialists.

For the ultimate in relaxation visit Reflections Spa-Salon located in the Reception Building at the Resort. Remember May 8th is Mother’s Day. Reflections Spa is offering a wonderful Mother’s Day Special. For only $99, Mom will receive a Chocolate Pedicure, 25 minute massage and 25 minute scalp massage. What a great gift for Mom… or yourself! For a menu of relaxing, therapeutic services, visit www.reflectionsspaorlando.com.

Get ready to Shop ’til You Drop at the Lake Buena Vista Factory Stores located right next door to the Resort. With the opening of Ann Taylor LOFT OUTLET and Under Armour® you will surely find something for everyone. The mall features 50 of the most sought-after outlet stores with savings up to 75% on name brands. If you are looking for the perfect gift for Mom, you will find everything from performance gear, to casual and dress, accessories, swimwear and more.

Lake Buena Vista developer Sam Sutton was a presenter at the Greater Fort Lauderdale Board of Realtors’ Global Council meeting held last month. The meeting focused on international buyers. Sam discussed the opportunity for Realtors regarding the EB-5 immigrant investment program and our Regional Center. He was very well received and invited the Realtors to visit and tour our project in Orlando.

Representatives from the Lake Buena Vista Regional Center will be at the upcoming American Immigration Lawyers Association (AILA) annual convention to be held June 15-18, 2011 in San Diego, California. Look for us at Booth #412.

You are always welcome to visit and take a personal tour of the Lake Buena Vista Resort Village & Spa in Orlando Florida.

Bill Cowie President


Orlando Florida

Kissimmee Office 407 396 9914

Direct (Mobile) 407 620 7777

US Immigration – EB5 Visa Update

EB-5 Visa programme

Following is an extract from this month’s US EB-5 Visa programme newsletter from one of our US Regional Centre affiliates, Lake Buena Vista Resort close to Walt Disney World in Orlando.

This innovative “Fast Track” US Visa programme, as you may know, is designed for US “investor immigrants” willing and able to invest at least $500,000 in a US government-designated company or “Regional Centre” in return for, customarily, a permanent resident “Green Card” within 3-6 months and, if desired, US citizenship in 5 years – for all unmarried family members under 21 as well!

Please let us know if we can help you fulfill your American Dream this year as well:


The Lake Buena Vista Resort continues to enjoy an increase in visitors. The Resort’s occupancy every month this year has improved from a year ago. Occupancy in July was 95.8% which was 5 points higher than July 2009. So, when evaluating the Lake Buena Vista Regional Center compared to other regional centers, our Resort has a PROVEN history of success. Why look anywhere else? Besides being approved by the U.S. government for the EB-5 Immigrant Investment Program, the Lake Buena Vista Regional Center has already fulfilled the job requirements of the program and is located in a Targeted Employment Area (TEA). Foreign investors should be very confidence of obtaining visa approval.

Some of the Benefits of the EB-5 Program:

Permanent Residency and Green Cards for Investor and Family
Educational Opportunity for Investors and their Children
Live, Work, and Retire Anywhere in U.S.
Personal and Family Security
Ease of United States Entry and International Travel
Eligible for Lexus/Nexus Pass

Now is a great time to visit the Lake Buena Vista Resort. Located about a mile from Disney World and minutes from Universal Studios, SeaWorld and Orlando’s International Airport, the Resort should be an easy choice. Be sure to make your reservations at the Resort’s Reflections Spa-Salon and take advantage of our “Beat the Heat” special. Just purchase any eighty minute service and receive a FREE hydrotherapy bath. Afterwards, enjoy a complementary drink at our pool-side bar. Why not try our newest, licensed massage therapist from Brazil? Relax, you’re on vacation!

Don’t miss the Lake Buena Vista Factory Stores located just next door. You will find Back-to-School specials throughout the outlet mall during the Labor Day Sidewalk Sale, September 3rd – 6th. You can preview the new autumn-fall line of clothing and find summer attire at fantastic savings. The newest addition to the mall is Timberland, projected to open September 30th.  For more information, visit www.lbvfs.com.

The Lake Buena Vista Regional Center has had another busy month hosting foreign visitors. With almost half of the investor positions filled, we continue to see a good deal of activity. If you are a foreign investor interested in permanent U.S. residency and a Green Card, don’t delay, apply today!

Coming up September 12, 2010 in Vancouver, BC, Lake Buena Vista’s Ofer Fridfertig will be the featured speaker at a seminar hosted by AQG Investments.

You are always welcome to visit and take a personal tour of the Lake Buena Vista Resort Village & Spa in Orlando Florida. August 2, 2010 – Washington DC – U.S. Citizenship and Immigration Services (USCIS) announces today the launch of new web features designed to expand users’ access to their case information. As part of USCIS’s commitment to improve customer service, these enhancements include a new online inquiry tool and tailored case status information, as well as new features for Spanish-speaking customers available at www.USCIS.gov/espanol.

“We are committed to improving access to case status information and enhancing customer service through these innovative online features,” said USCIS Director Alejandro Mayorkas.

August 4, 2010 – Washington DC – U.S. Citizenship and Immigration Services (USCIS) announced today that it will extend the closing date for the USCIS National Children’s Art Project until Aug. 30, 2010, extending the submission deadline by two weeks.

On June 14, 2010, USCIS Director Alejandro Mayorkas announced the “We Are America” National Children’s Art Project in collaboration with public libraries and other community-based organizations serving America’s immigrant communities. “People have come from all over the world to become Americans. Why does that make us great?”  USCIS will display the children’s artwork in USCIS offices around the country.
There couldn’t be a better time to emigrate to the US ………. property prices are ridiculously low (interest rates too!) and the lifestyle remains the American Dream for most of us!

So please tell your friends, family members and business associates too.

It may be the perfect time for them to come to America as well!

Bill Cowie  President



Orlando Office: 407 396 9914

British-American Chamber of Commerce – Advisory Board Member

EB-5 Visa Update

Following is an update from our colleagues at the US government-designated “Fast Track” EB-5 Visa Regional Centre at Lake Buena Vista Resort & Spa in Orlando, minutes from Walt Disney World:

The Lake Buena Vista Resort Team is getting ready for another busy summer season. We continue to see foreign visitors touring our Resort and investing in our Regional Center. This is their fast track to obtaining permanent U.S. residency and a Green Card. If you are a foreign national and would like more details regarding the EB-5 visa program and our Regional Center, please visit www.eb5greencardusa.com.

Another reason visitors (and muggles) will be flocking to Orlando is the June 18th grand opening of “The Wizarding World of Harry Potter” at Universal Studios. Excitement is in the air and anxious Potter fans have made their reservations to stay at our Resort. We are only minutes away from Universal and have FREE transportation to this and other area theme parks like Disney and SeaWorld. To book your stay, go to www.lbvorlandoresort.com See for yourself why our award-winning Resort is so highly rated on travel sites and with our many visitors.

Don’t forget, you’re on vacation. So relax at our Reflections Spa-Salon located on the top floor of the Reception Building. This signature health spa is not to be missed. After our wonderful Mother’s Day specials, we couldn’t forget dad. Our Father’s Day special is called “King for the Day.” This includes a 30-minute full body massage, 25-minute scalp massage or foot massage, and a 25-minute hydrotherapy bath. Your special guy will enjoy all of these fantastic services for only $99. Hurry and book your appointment today. Visit the Reflections Spa web site for more details at www.reflectionsspaorlando.com.

The Lake Buena Vista Factory Stores are located next door to the Resort. With over 50 factory outlet stores offering incredible discounts on designer and name brands, be sure to leave some time for shopping. Events coming up at the center include a Memorial Day Weekend Sidewalk Sale from May 28th – 31st. If you are in the area next month, there will be a Father’s Day Weekend Sidewalk Sale June 18th – 20th. You can also visit the newest store to be added to our mall, American Swimwear. For more information about the outlet stores, visit www.lbvfs.com.

May 12, 2010 – Washington DC – InfoPass is a free service that lets you schedule an appointment with the U.S. Citizenship and Immigration Services (USCIS) Immigration Officer by using the Internet any time of day or night. If you have an immigration issue that is best handled by a trained USCIS Immigration Officer, InfoPass will let you schedule an appointment instead of requesting it in person at your local USCIS office. To read more about this new, free service, Click Here.

May 11, 2010 – Washington DC – The USCIS announced it has redesigned the Permanent Residency “Green Card” to incorporate several major, new security features. State-of-the-art technology prevents counterfeiting, obstructs tampering, and facilitates quick and accurate authentication of the card. Beginning today, USCIS will issue all Green Cards in the new, more secure format.

Earlier this month, Lake Buena Vista Resort’s Ofer Fridfertig was invited to Fort Walton Beach, Florida by the Emerald Coast Association of Realtors to speak at their seminar and class entitled “EB-5Visas and International Investors.” There was a great turnout for this event organized by Paula Bailey, Educational Director of the Emerald Coast Association and sponsorship lead by Gail Silvers, Chairperson of Emerald Coast’s International Council. Realtors were very interested to learn how they could help their international clients invest in the United States and obtain a permanent Green Card. Mr. Fridfertig answered questions and invited the attendees to visit the Lake Buena Vista Resort and see for themselves why this is such a great investment opportunity.

The Lake Buena Vista Team will hold a seminar in Santa Cruz, Bolivia on June 17, 2010 from 5 PM – 10 PM at the Cainco Industrial and Business Chamber of Commerce. Also hosting the event will be USA Minar. You must be registered to attend this seminar.

Come join us in the Sunshine State – where the water’s warm and the prices are right!


Bill Cowie  President


Kissimmee Office: 407 396 9914