Friday, November 17, 2017

Schedule your 2018 China business travel now!

Artisan Business plans to organize American delegations to China in 2018 to help businesses explore the Chinese investment market. Potential clients include Private Equity, Real Estate Developers, Business Owners and Alternative Investments. Contact us today at artisanbusiness@gmail.com if you are interested so we can begin promoting your 2018 China marketing tour.

Beyond the EB-5 Visa Waiting Line: E-2 Visa Options for Mainland-Chinese Entrepreneurs

(Source: Bernard Wolfsdorf & Joseph Barnett) The EB-5 visa waiting line for mainland-Chinese has become so long that many Chinese nationals are now seeking other ways to enter the U.S. often so their children may study at U.S. universities.  Some are investigating obtaining U.S. permanent residence through the EB-1C category for multinational managers or executives (or the related non-immigrant L-1 visa). Other have decided to explore non-immigrant E-1 treaty trader, or E-2 treaty investor visas. There are 80 countries with treaties, but mainland China and India do not qualify (although citizens of Pakistan and Taiwan do qualify). For the E-treaty visa, the applicant must have obtained citizenship from an E Treaty Country.

One country that has become popular for E-2 treaty purposes is Grenada because of its “Citizenship by Investment Program”.  In this scenario, obtaining an E-visa is a two-step process:  First, the person needs to qualify for the Grenada passport, and then, the person must make an investment in the U.S. to qualify for a U.S. E-2 visa.

Here are five important things to know about the E-2 visa option.
  1. Grenada Citizenship. The first step for a mainland-Chinese national is to obtain Grenada citizenship through the 2013 Grenada Citizenship by Investment Act. This law provides two investment options: (1) a $200,000 non-refundable donation to the National Transformation Fund, and (2) a $350,000 acquisition of property from a Grenada government real estate project, which must be held for a minimum of three years.  The process to obtain Grenada citizenship is quite simple, and there are no residency requirements. 
  2. E-2 Investment. Once Grenada citizenship has been obtained, the next step is to invest in a new commercial or entrepreneurial undertaking, producing some service or commodity, in the U.S. The minimum investment amount for E-2 must be “substantial.” The amount may vary based on the type of business being established or bought but can range from $100,000 to $250,000.  The more that is invested, the greater the chances of the E-2 visa being approved.  Additionally, the E-2 applicant must be in a position to develop and direct the commercial enterprise.  The use of franchises is a popular way for foreign nationals to start a business with established branding that could qualify for E-2 visa.  Another option is to buy 51% of an existing business, where the sole issue to effectuate the transaction is the issuance of the visa, which can be accomplished through use of an escrow. This provides a safe option, in that the investor can avoid having to invest if the visa is not issued. An E-2 visa application is ordinarily submitted directly to a U.S. consulate or embassy for adjudication.  Spouses can obtain unrestricted work authorization although that takes about 3-4 months to process. Minor children on E-2 visas are eligible to attend U.S. schools and universities.
  3. Issues of Vetting by Grenadian Government. One of the issues of using a Grenadian passport for E-2 purposes is that Grenada does not currently collect biometric data for applicants for citizenship. While the U.S. does, it would be advisable to include documentation verifying that the applicant is who he or she purports to be. 
  4. Intent to Depart Upon Termination of E-2 Status. The E-2 visa is not a full dual intent visa. This means that an applicant must have an unequivocal intent to return home when the E-2 status ends. However, the good news is that the filing (or approval) of a Form I-526 should not prevent the issuance of an E-2 visa, as long as intent to depart the U.S is clearly demonstrated.  The Field Adjudicators Manual (“FAM”) states: 
    An applicant for an E visa need not establish intent to proceed to the United States for a specific temporary period of time, nor does an applicant for an E visa need to have a residence in a foreign country which the applicant does not intend to abandon.  The alien may sell his or her residence and move all household effects to the U.S.  The alien’s expression of an unequivocal intent to return when the E status ends is normally sufficient, in the absence of specific indications of evidence that the alien’s intent is to the contrary.  If there are such objective indications, inquiry is justified to assess the applicant’s true intent.  As discussed in 9 FAM 402.12-14, an applicant might be a beneficiary of an immigrant visa petition filed on his or her behalf.  However, the alien might satisfy you that his and/or her intent is to depart the United States upon termination of status, and not stay in the United States to adjust status or otherwise remain in the United States regardless of legality of status.
  5. Converting E-2 Enterprise into Direct EB-5 Investment. It is also possible, if done properly, that an E-2 applicant use the E-2 enterprise as the basis for a direct EB-5 investment, if new circumstances should arise resulting in U.S. permanent residency becoming an objective.  For more information on this possibility, read our blog “7 Things to Know About Converting an E-2 Visa to an EB-5 Green Card”.

Thursday, November 16, 2017

Job-creating EB-5 visa program sees numbers decline

(Source: San Francisco Examiner) The EB-5 program provides a pathway to legal permanent residence to foreign nationals who create at least 10 new jobs by investing $1 million directly in a business or a Regional Center (an approved enterprise). Alternatively, that amount drops by half ($500,00) if the investment is in a targeted employment area (TEA) — an area that’s hurting on the jobs front. The Regional Center program comes up for renewal every four years and is subject to the sunset provision. Several legislators have demanded re-examination of TEAs, adjusting the level of investments — accounting for inflation, and some have even proposed the program’s elimination. Sen. Dianne Feinstein called it “U.S. citizenship for sale” and argued the morality of giving preference to wealthy investors over others who’ve faced significant challenges in their lives due to persecution and poverty.

I do believe that it’s not one program over the other. Both kinds of visa programs should co-exist. Our immigration portfolio must include policies that clearly, overwhelmingly and immediately benefit our economy, too. After all, the EB-5 program was started with job creation in mind, especially in towns and cities that need stimulation. Rohit Kapuria, an associate at Saul Ewing Arnstein & Lehr and an expert on EB-5s, who was named one of the top 5 EB-5 Rising Stars by EB5 Investors Magazine in 2016, calls the program “crucial financing” and firmly believes that EB-5s are effective.
“The number of jobs that are created and the amount of capital deployment that has occurred because of EB-5 is significant,” he said. 

An Invest in the USA (IIUSA) study of U.S. Citizenship and Immigration Services (USCIS) data on EB-5s for 2016 shows a $6.67 billion investment in our economy from this one immigration program. “So, but for EB-5s, the large number of projects that we work on wouldn’t be completed,” Kapuria said. The tricky and somewhat muddled aspect of EB-5s is how China has dominated the EB-5 narrative. IIUSA analysis shows that China captured 82.5 percent of EB-5 specific visas, with 10,948 I-526 filings. In contrast, Vietnam and India, second- and third-highest on the list, filed 404 and 354 applications, respectively, yielding a combined 5.7 percent. “I actually represent a well-known regional center in San Francisco called Golden Gate Global,” Kapuria said. “They’ve done the Shipyards deal, they’ve done the Sacramento Kings deal, they’ve done Brooklyn Basin and they have a very heavy China focus.”

From his own experience, Kapuria believes that a part of China’s domination is due to brand name build-up “There’s actually one [project] in downtown San Francisco, which was a $350 million twin office building that I worked on,” he said. “The brand name of the Chinese company that then JV’ed [joint venture] with the U.S. company was able to help in attracting EB-5 capital. So roughly around $35 million of EB-5 capital went into that project." Since 1990, when the program was first created, China has consistently been ahead of other countries in EB-5 visas. Because the annual limit was set at 10,000 visas and it was ruled that no single country could use more than 7.1 percent of the available visas, it was also allowed that if no other country made it to its 7.1 percent per-country limit, the differential from every country then could be added to a single country. Other than China, no other country has reached that target as yet. But this has also resulted in a very severe backlog for China.

“From the time an investor in mainland China invests in a project, ’til the time that they get a permanent 10-year green card — not the temporary green card — you’re looking at probably a 12- to 13-year wait,” Kapuria said. One reason for this severe backlog is in the interpretation of the visa limit. Is it 10,000 EB-5 visas or 10,000 visas issued due to EB-5 approval, which includes immediate family? “The state department has been interpreting the 10,000 limit as being investors and investors’ immediate family, which is [a] spouse and any child under 21,” Kapuria explained. “So when you account for total number of investors, you’re looking at approximately 3,500 investors total.”
This is an extremely short-sighted interpretation. If the original intent of the EB-5 was job creation, then shouldn’t we be assured of 10,000 times 10, or 100,000 jobs every year, instead of 35,000 jobs? It seems ludicrous that we’d undercut our own benefits. Kapuria hopes that Congress might take a second look at the original intent of the program.

“Part of the legislative push is whether Congress would be willing to clarify that intent and make it prospective,” he added. Due to the backlog, it stands to reason that the appetite for EB-5 visas in China is declining, according to Kapuria, and the numbers do reflect this. There has been a 17 percent overall decline in the number of EB-5 filings since 2015, and a 19 percent decline for China, in particular. A decline in EB-5 applications is also a degradation of confidence in America’s robust economy. Let’s hope Congress is able to reconcile some of the issues with the EB-5 program before December. Isn’t job growth one of the promises this administration made?

Wednesday, November 15, 2017

Despite Uncertainty Surrounding the Program, Developers Work to Expand EB-5 Network

(Source: National Real Estate Investor) The discussion of the EB-5 Immigrant Investor Program has been squarely focused on gridlock on reforms that have been dragging out for the past two years. But while Congress continues to delay any concrete decisions on modifications to the program, it has been full steam ahead for developers looking to access the low-cost source of capital. The cloud of uncertainty surrounding reforms and long-term renewal of the program is acting as a deterrent for developers who are new to the program. However, seasoned developers who have used EB-5 previously are still very active in the market, says Roy Carrasquillo, a member of the immigrant investor program services and compliance practice at Cozen O’Connor in New York City.

“Despite the challenges and despite the fact that we know this law is in a state of uncertainty, the environment for EB-5 is very healthy,” notes Julian Montero, a partner and vice chair in the Miami office of Saul Ewing Arnstein & Lehr LLP and a member of the firm’s corporate transactions & counseling practice group and immigration practice group. Saul Ewing Arnstein & Lehr currently has two developer clients that are in the process of finalizing documents for hotel projects in Southern Florida. “So there is still activity in EB-5 despite all of the noise,” he says. First introduced as part of the 1990 Immigration Act, EB-5 is an incentive program for foreign investment into the U.S. that trades green cards for capital. Typically, EB-5 money is used to finance economic development and create jobs, especially in urban areas with high unemployment. The most recent data available for 2013-14 shows that more than 11,000 immigrant investors provided $5.8 billion in capital for 562 active EB-5 projects that produced a combined 174,000 jobs, according to a January 2017 report from the U.S. Department of Commerce.

EB-5 marketplace continues to evolve

Although potential reforms have been dominating much of the conversation about EB-5, the niche market has been adapting to other major shifts in the marketplace. The big draw for developers is that EB-5 represents a low cost source of mezzanine capital, with a cost of about 5 to 7 percent as compared to the 10 to 12 percent that is more the norm for mezzanine financing. Developers have been working harder to expand the EB-5 investor pool as interest has cooled from Chinese investors. China has been a dominant source of EB-5 capital, representing about 75 percent of the market, notes Montero. Each country is allocated a certain number or share of EB-5 visas that its citizens can obtain. Once that maximum amount is reached, the visas go into a process of retrogression, effectively a logjam with people waiting longer to obtain their visas. China hit its retrogression in 2014. “This factor is certainly causing a chilling effect for the Chinese investor who would have to make their investment today and potentially wait seven to 10 years or more before they would get the benefit of their resident status,” says Montero. The typical wait time for investors from other countries is five to seven years.

That pullback from Chinese investors is forcing developers to expand the scope of EB-5 fundraising efforts to other countries, and it is also reducing the size of fundraising amounts. In the past, developers would market very large deals in China of $50 million to $100 million. It is taking longer to raise those larger dollar amounts. So the deal size is shrinking to $5 million to $25 million, and developers are more actively marketing deals in other countries. Regions that have become increasingly active include Latin America, such as Venezuela, Columbia and Brazil, as well as India and some countries in the Middle East. On a positive note, one sign that the EB-5 market is maturing is that more alternative lenders are comfortable stepping into the gap to provide bridge financing for EB-money, notes Carrasquillo. EB-5 money can take more time to assemble and the bridge lenders allow a project to commence while that EB-5 money is falling into place. Raising EB-5 capital requires compliance with U.S. securities laws and it typically takes about nine to 12 months to assemble.

Another looming deadline

Since the EB-5 program officially expired in September 2015, it has received a series of short-term extensions as Congress has worked to come to terms on proposed reforms. The latest extension is set to expire on Dec. 8. It would be surprising if the program didn’t receive another short-term extension sometime in the next few weeks. Part of the delay on reforms and a long-term renewal is simply due to the fact that Congress has had a lot on its plate with healthcare reform, the broader issue of immigration reform and now tax reform. “We all know that there are a lot of bigger issues that Congress and politicians in general are dealing with right now,” says Montero. Most legislators agree that modifications are needed, but they have yet to come to terms on specific details of those changes.

Reforms are expected to include an increase to the current investment amounts. Foreign nationals can qualify for a visa by investing a minimum of $1 million in a development, or $500,000 if it is invested in a qualifying Targeted Employment Areas (TEAs). Those minimum amounts have not changed since the program was first introduced in 1990. It is widely expected that those levels will increase, though it’s not yet clear by how much. Another sticking point is the definition of qualifying TEAs. The whole premise behind EB-5 investment is to spur economic development and job growth in blighted or needy areas. Ninety-nine percent of EB-5 projects are located within bigger states and cities such as California and New York. “I think that EB-5 is here to stay. The benefit that brings for job creation and economic development, at no cost to taxpayers, is something that is really valuable,” says Carrasquillo. “But at the same time there is tension where different states have different interests.”

A third important piece to the reform will be more compliance and oversight. Those reforms will help a more mature EB-5 program resemble more traditional financing, which will be good for the program, adds Carrasquillo. “Particularly on that point, a lot of developers and people using EB-5 capital within their projects are already implementing those best practices and those financially sound compliance and oversight measures,” he adds.

Monday, November 13, 2017

Artisan organizes successful conference in Guangzhou, China

Over 40 finance professionals gathered in the southern city of Guangzhou, China. The conference organized by Artisan Business Group discussed EB-5 legislative updates, retrogression and the important issue of retrogression. Speakers included Reid Thomas of NES Financial, Scott Fuller and Danny Zhang of Capital United, Kelvin Luo and Brian Su.



Tuesday, November 7, 2017

Financial Professionals join in Beijing to discuss EB-5 updates, Retrogression and Redeployment

Wealth managers, emigration agents and financial service providers joined in Beijing to attend a seminar hosted by Artisan Business Group. Speakers included Reid Thomas of NES Financial, Scott Fuller and Danny Zhang of Capital United, Kelvin Luo and Brian Su.




Wednesday, November 1, 2017

Retrogression is the most critical issue in EB-5 Program

USCIS is dealing with huge retrogression for Chinese applicants as more and more Chinese investors apply for the EB-5 visa.  2014 was the first year the EB-5 program hit the assigned 10,000 annual visas capacity.  Chinese investors started facing a consistent visa backlog in 2015 and it continues to grow each year. We recently heard Charles Oppenheim, the Chief of the Immigrant Visa Control and Reporting within the U.S. Department of State, predict Vietnam will be subject to a cut-off date in 2018 and India by 2020.  However, this backlog of visas is most critical of Chinese investors who contribute to roughly 80% of EB-5 investors. 

Developers may be able to explore emerging markets but it is still the ever-important Chinese market that is the backbone of capital into the United States.  Chinese investors are going to lose interest in EB-5 and consider other emigration programs as retrogression forces waiting lines to become longer.

The growing retrogression issue has the potential to undermine the primary goal of the EB-5 Program. The intent of the program is to create new American jobs from foreign capital. As backlogs and waiting lines become longer, we fully expect the EB-5 program to become less popular and less capital to flow into the United States. It is important that we face retrogression head on now so we can fully maximize the benefits of the EB-5 Program.  

Monday, October 30, 2017

ABG visit project in NYC


Brian Su of Artisan Business Group visited a new investment project in Manhattan New York City. New York City has been a major destination for inbound capital from China.  To learn more investments from China, please contact us at artisanbusiness@yahoo.com
 

Friday, October 27, 2017

Artisan Business Group host delegation from China

Artisan Business Group is hosting an inbound business delegation from Beijing China in Chicago. The group has extensive interests in investment and real estate development opportunities. To learn more about inbound Chinese investments, please contact us at artisanbusiness@yahoo.com.


Thursday, October 26, 2017

Nearly $17B in EB-5 funds are ready for redeployment

(Source: The Real Deal) A 10-year backlog in EB-5 applications has a silver lining: $16.6 billion that investors can reinvest in real estate or other businesses if they still want a green card.

The origin of the money is a unique problem with the EB-5 program, in which investors can invest $500,000 in a U.S. business in exchange for a green card. But the program requires investors’ money to be “at risk” pending the outcome of the application. Since the U.S. only hands out 10,000 EB-5 visas a year, a years-long backlog means some developers want to return investors’ money before they obtain the green card.

The solution? In June, the U.S. Citizenship and Immigration Services said by redeploying EB-5 capital, EB-5 investors can keep their money “at risk” in order for their applications to remain in good standing. “People can find uses for billions of dollars,” H. Ronald Klasko, an immigration lawyer based in Philadelphia, told the Wall Street Journal.

More than $16.6 billion will be re-invested through 2020, according to NES Financial, a California-based EB-5 servicer. In July, Greystone & Co., NES and Capital United LLC launched a fund that will provide real estate bridge loans with EB-5 money. Greystone expects the fund to have raised $100 million by next year.

The redeployment issue has raised concerns about EB-5‘s future at a time when the program faces reauthorization by Congress.  USCIS’ June memo, for example, has less rigorous standards for vetting projects that receive redeployed EB-5 money. There is also no job-creation requirement associated with the redeployed funds. [WSJ] — E.B. Solomont

Wednesday, October 25, 2017

5 Things I Learned from Charlie Oppenheim at the IIUSA 7th Annual EB-5 Industry Forum

(Source: Bernard Wolfsdorf) Today, I moderated a panel at the IIUSA 7th Annual EB-5 Industry Forum in Miami, FL titled “Prepared for the Long Haul: Understanding the Visa Backlog Today & Planning Ahead” with Mr. Charles Oppenheim, the Chief of the Immigrant Visa Control and Reporting within the U.S. Department of State (“DOS”). Understanding the EB-5 visa backlog is critical for EB-5 investors, regional centers, and U.S. companies using EB-5 capital for job creation. Here are five things I learned from Charlie:
  1. Cutoff Date for Vietnamese EB-5 Investors. For the past three fiscal years, Vietnamese EB-5 visa usage ranked #2 behind mainland Chinese.  Since Form I-526 processing times are approximately 21 months, the majority of the Form I-526 filings in FY2015 by Vietnamese could start using visa numbers right now.   There are 672 EB-5 visa applicants currently registered at the NVC, and it is likely that Vietnam will reach its 7% per country cap in FY2018 (which started October 1, 2017 and ends September 30, 2018).  Accordingly, Charlie expects a cutoff date for EB-5 visas to be introduced for Vietnamese investors in the summer of 2018.  This will likely be the same cutoff date for mainland Chinese EB-5 investors.  The critical difference between the two countries, however, is that demand from Vietnam isn’t so large, so that, when new visas become available from FY2019 (in October 2018), the cutoff date will be temporarily removed.   Expect cutoff dates for Vietnamese EB-5 investors at the end of each fiscal year for the foreseeable future.
  2. Cutoff Date for Mainland Chinese EB-5 Investors. Charlie provided an update on the cutoff date for EB-5 investors, indicating that the December 2017 Visa Bulletin for Chinese EB-5 investors will be July 15, 2014.  Charlie also indicated that the best case scenario for the mainland Chinese cutoff date for September of 2018 is October 1, 2014; the worst case would be September 1, 2014.  Charlie also mentioned that the advancement of the cutoff date has slowed down due to larger number of “Rest of World” (ROW) visas and large weekly groupings of Chinese EB-5 visa demand.  Expect slow movement on the Chinese EB-5 cutoff date in the next 12 months.
  3. Cutoff Date for Indian EB-5 Investors.   Charlie reviewed I-526 filing statistics and noted large increases in I-526 petitions filed by Indian nationals in past couple of years.  It is possible that India reaches to the 7% per country cap in FY2020 (October 2019), which would result in the creation of a cutoff date for EB-5 visas to Indian nationals.  This is a key point that must be followed closely.
  4. Difficulty in Predicting Length of EB-5 Visa Waiting Line. Charlie indicated that predicting a solid waiting line is difficult to achieve because of many factors like (a) I-526 denials, which may increase with the current administration; (b) divorce rates during the waiting time; (c) deaths during the waiting time; and (d) dropouts of EB-5 investors who find other immigration solutions or simply fail to move forward with the visa process.  Charlie mentioned this previously happened for family-based 4th preference (adult siblings).
  5. Number of Visas Per I-526 Application. Historical data shows that for each I-526 filed, there is an average of 2.838 visas issued (typically, one for investor, one for spouse, and one for child).  Charlie indicated this was consistent with the numbers he uses when contemplating future visa usage.  However, with more Vietnamese and Indian I-526 petitions filed, it will likely increase due to the larger size of families from those countries, compared to Chinese investors.  On the other hand, it may decrease if Chinese minors become principal applicants due to the current visa backlog and “age-out” concerns.   How many visas used per approved I-526 will affect the waiting line for all affected.

Monday, October 23, 2017

Owners Of South Bay Business Charged With Visa Fraud Conspiracy And Related Crimes


SAN JOSE – Jennifer Yang and her business partner Daniel Wu were charged with conspiracy to defraud the United States and a number of related crimes in connection with a scheme to fraudulently obtain immigration benefits through the government’s “EB-5” visa program, announced United States Attorney Brian J. Stretch; U.S. State Department, Diplomatic Security Service, San Francisco Field Office Special Agent in Charge Matthew Perlman; and U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) Special Agent in Charge Ryan L. Spradlin.  The superseding indictment alleges that Yang and Wu submitted to the government fraudulent documents that claimed applicants were creating new commercial enterprises when, in fact, the documents contained information about fake jobs and bogus investments. 

Thursday, October 12, 2017

4 Tips for EB-5 Principal Applicants with Diminished Capacity, Such As Autism

(Source: Bernard Wolfsdorf & Joseph Barnett) In the past few months, our firm has been approached by parents with children with Autism or other special needs on whether such children are able to obtain an EB-5 visa.  Although we have not received affirmative guidance from the U.S. Department of State (“DOS”) or USCIS, it appears this is a viable option, though each situation will be reviewed on a case-by-case basis.

Here are four things to know on this topic:
  1. Can Child with Special Needs be Principal Applicant for EB-5? It’s potentially viable for such a child to be the principal EB-5 applicant with the appointment of an appropriate legal guardian who can act on the child’s behalf.  Prior to making an EB-5 investment, the legal guardian should ask the Regional Center to affirmatively opine on whether this special need investor would qualify for their sponsored offering, as it may be necessary to provide additional formalities to cover the lack of capacity in decision making, as required by 8 C.F.R. § 204.6(j)(5). 
  2. Medical-Related Ineligibility. One issue that is likely to come up during an EB-5 consular interview is whether the child is inadmissible pursuant to INA § 212(a)(1) for a medical-related ineligibility.  The mere presence of a physical or mental disorder does not, by itself, render an applicable ineligible.  Evidence that the child does not pose a threat to the property, safety, or welfare of the child or others and that the child’s special needs is not associated with harmful behavior should be presented to a consular officer.  See 9 FAM 302.2-7(B)(2).
  3. Public Charge Concerns. Another issue that may arise during an EB-5 consular interview is whether the child is inadmissible pursuant to INA § 212(a)(4) for likely becoming a public charge.  While EB-5 investor families generally have substantial income, it’s critical to present evidence of adequate finance and support in the U.S. (either family or professionals) to overcome any consular concerns. 
  4. Consular Interview Preparation is Key. Probably the most important aspect in obtaining an EB-5 visa is preparing the child and parents for the visa interview so that the latter is familiar with the issues that may arise.  They should come to the interview with a letter from a Regional Center’s or new commercial enterprise’s counsel affirming the child’s sufficient capacity to be an EB-5 investor and participate in the management of the enterprise.  A letter from immigration counsel opining that all requirements found in 8 C.F.R. § 204.6 are satisfied, despite the special needs of the child, should also be prepared.
At the end of the day, it appears that DOS and USCIS (in adjustment of status proceedings), may evaluate applications by children with Autism or other special needs on the merits with regards to the issues stated above.  The burden is on the applicant to show admissibility.

Tuesday, October 10, 2017

Trump Administration releases details on Immigration Principles & Policies

President Trump and his administration published the highly anticipated immigration principles & policies. The 3 areas of focus include border security, interior enforcement and a merit-based immigration system. Read the immigration principles & policies here. 

Friday, October 6, 2017

Artisan Business hosts Chinese investment professionals in Dallas

ABG hosted an Investment conference and business tour for Chinese investment professionals in Dallas, Texas from September 27- Oct. 1st. The event was focused on medial tourism, commercial real estate, mergers & acquisitions, residential real estate and US visa programs. The group toured local real estate, universities and businesses after in-depth classroom style learning.


Monday, October 2, 2017

America's "Golden Visa" is losing its luster in China

(Source: CNNMoney) Chinese people appear to be losing interest in a controversial American visa program that has funneled billions of dollars to U.S. real estate developers. Read story here.