Register now !    Login  
Main Menu
Who's Online
53 user(s) are online (27 user(s) are browsing Message Forum)

Members: 0
Guests: 53

more...




Browsing this Thread:   1 Anonymous Users






Re: New PAD Trump building 25% financed with funds from investor visa holders
#21
Home away from home
Home away from home


Hide User information
Joined:
2012/2/20 13:20
Group:
Registered Users
Posts: 2078
Offline

Congress Extends EB-5 for Another Week

The ultimate fate is still uncertain for the U.S. program, which allows foreigners to obtain green cards by investing

Originally published on April 28, 2017

Congress on Friday extended for a week the EB-5 immigration program, a way for rich foreigners to obtain green cards through investment in the United States, according to U.S. Citizenship and Immigration Services.

The program that’s faced mounting scrutiny from lawmakers was set to expire but was saved—for now—in the nick of time as the government passed a continuing resolution to extend federal funding through May 5, which encompassed EB-5. 

“We have another week of EB-5,” said Steve Blando, spokesman for USCIS.

The program allows foreigners to obtain green cards by investing at least $500,000 in economic development projects, which have tended to be luxury developments and hotels in urban centers like New York City, Miami and Los Angeles.

It has directly benefited President Donald Trump and his top adviser and son-in-law Jared Kushner, who reportedly used EB-5 investors to finance Trump Bay Street, a luxury apartment complex in Jersey City, New Jersey. But the program would have come to a grinding halt without the short-term extension.

http://www.mansionglobal.com/articles ... nds-eb-5-for-another-week


Posted on: 4/28 20:36
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#20
Home away from home
Home away from home


Hide User information
Joined:
2006/11/13 13:42
From 280 Grove Street
Group:
Registered Users
Posts: 4133
Offline
Trump is a crap businessman and most commentators will only 'fluff over' this fact.

His legacy will be that he's the son of a rich father, who struggles to balance the books or have any aptitude to grow his father's businesses.

http://opinion.injo.com/2015/09/24774 ... and-his-record-proves-it/

Posted on: 2016/3/8 20:33
My humor is for the silent blue collar majority - If my posts offend, slander or you deem inappropriate and seek deletion, contact the webmaster for jurisdiction.
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#19
Home away from home
Home away from home


Hide User information
Joined:
2012/8/6 18:56
Group:
Registered Users
Posts: 805
Offline
Quote:

Pebble wrote:
Who here is arguing against foreign investors…?

There isn't much in this thread, but it has certainly shown up in other ones.

Heck, they don't even need to be foreigners. They can just be Jewish, and people start screaming foul play.

Posted on: 2016/3/8 15:51
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#18
Home away from home
Home away from home


Hide User information
Joined:
2012/8/6 18:56
Group:
Registered Users
Posts: 805
Offline
Quote:

ThirdStreet wrote:
I have never really under why people are against this or foreigners investing in real estate here in NJ.

It's typical xenophobia. Despite being a nation of immigrants, people routinely dislike the new kid on the block.

Posted on: 2016/3/8 15:50
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#17
Home away from home
Home away from home


Hide User information
Joined:
2014/9/18 21:29
From Hamilton Park
Group:
Registered Users
Posts: 191
Offline
Quote:

WhoElseCouldIBe wrote:
Quote:

Pebble wrote:
Quote:

JCMan8 wrote:
Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.


Pretty sure China prohibits foreigners from owning real estate and their economy, while recently struggling, is still one of the world's top economies.

You are incorrect about foreigners owning real estate in China.

Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.

Who here is arguing against foreign investors…?


OP is


Err, no.

I posted a link to a story reporting on the financing on a new building rising in our city and then noted that the involvement of foreign investors in the Trump project is reminiscent of the thread about the Chinese firm constructing 99 Hudson.

I didn't take a position on the matter either way.

Posted on: 2016/3/8 13:48
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#16
Home away from home
Home away from home


Hide User information
Joined:
2011/11/30 7:46
Group:
Registered Users
Posts: 1771
Offline
Quote:

Pebble wrote:
Quote:

JCMan8 wrote:
Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.


Pretty sure China prohibits foreigners from owning real estate and their economy, while recently struggling, is still one of the world's top economies.

You are incorrect about foreigners owning real estate in China.

Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.

Who here is arguing against foreign investors…?


OP is

Posted on: 2016/3/8 11:44
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#15
Home away from home
Home away from home


Hide User information
Joined:
2013/3/29 17:43
From Bergen Hill
Group:
Registered Users
Posts: 1832
Offline
Quote:

JCMan8 wrote:
Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.


Pretty sure China prohibits foreigners from owning real estate and their economy, while recently struggling, is still one of the world's top economies.

You are incorrect about foreigners owning real estate in China.

Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.

Who here is arguing against foreign investors…?

Posted on: 2016/3/8 11:37
Dos A Cero
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#14
Just can't stay away
Just can't stay away


Hide User information
Joined:
2008/2/20 10:17
Group:
Registered Users
Posts: 90
Offline
I have never really under why people are against this or foreigners investing in real estate here in NJ. These people end up paying a lot in property taxes which goes to fund schools here and it's a safe bet they're not making use the schools system here.

I am sure some of these same people are the ones complaining about teachers not getting paid enough, pensions not getting funded etc etc. The money has to come from somewhere right?

Posted on: 2016/3/8 11:16
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#13
Home away from home
Home away from home


Hide User information
Joined:
2010/7/9 7:16
Group:
Registered Users
Posts: 2088
Offline
Quote:

bodhipooh wrote:

I find most of the people here on professional / licensed degrees visas tend to like it a lot, with a few ones that can never seem to develop a desire to stick it out long-term/forever. Much depends on the economic and crime situation in their home countries.


I think part of it also depends how much the person with the visa 'goes native'.

Case in point: A Thai couple with a kid living in Newport. Husband has a professional job in Manhattan, wife is pretty much stay at home. Husband pretty much didn't stray outside of the Thai community (there is a big one complete with a temple in Queens). The wife via her kid got involved with school and all sorts of after school activities (other parents, etc.). The wife LOVED living here because of all the different activities available for the kid (compared to Thailand). The husband couldn't wait to go back.

Another couple it was the husband who wanted to stay. However, he made much more money back in Thailand than here (his finances here were dicey.. research work pays poverty wages) so his wife wanted to go home. I think their eldest daughter is going to have a bit of an adjustment. Her Mom would ask her something in Thai and she would always respond in English. That kid thinks in English.

Posted on: 2016/3/8 10:01
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#12
Home away from home
Home away from home


Hide User information
Joined:
2008/8/12 14:31
Group:
Registered Users
Posts: 3116
Offline
Quote:

MDM wrote:
The only VISA that I know the intimate details on is the K-1 and a little bit of the much abused H1-B.

It seems more than a few of my wife's friends & acquaintances used the E-2 and another VISA that allowed researchers into the country. She kept running into friends of hers from college or high school on the PATH train.

50% loved it here and never wanted to leave. The other half couldn't wait to go back to Thailand.



Quote:

bodhipooh wrote:
Quote:

MDM wrote:
One reason you see so many Thai restaurants (compared to say 20 years ago) is from Thais from wealthy families. They want to move to the USA and an investor visa is the easiest way to do it. So many just open a restaurant.


Visas for restaurant owners and other business owners are different. Those are usually granted E-2 visas, which have a lower capital requirement, but retain similar perks, such as the ability to renew pretty much forever.


Yeah, the visa alphabet soup can get tricky and confusing quick. There are several "exceptional skills" visas that can get you here, some in a non-immigrant status, and others on the "green card" path. Interesting observation on the "wanting to stay, wanting to leave". I find most of the people here on professional / licensed degrees visas tend to like it a lot, with a few ones that can never seem to develop a desire to stick it out long-term/forever. Much depends on the economic and crime situation in their home countries.

Posted on: 2016/3/8 9:36
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#11
Home away from home
Home away from home


Hide User information
Joined:
2010/7/9 7:16
Group:
Registered Users
Posts: 2088
Offline
The only VISA that I know the intimate details on is the K-1 and a little bit of the much abused H1-B.

It seems more than a few of my wife's friends & acquaintances used the E-2 and another VISA that allowed researchers into the country. She kept running into friends of hers from college or high school on the PATH train.

50% loved it here and never wanted to leave. The other half couldn't wait to go back to Thailand.



Quote:

bodhipooh wrote:
Quote:

MDM wrote:
One reason you see so many Thai restaurants (compared to say 20 years ago) is from Thais from wealthy families. They want to move to the USA and an investor visa is the easiest way to do it. So many just open a restaurant.


Visas for restaurant owners and other business owners are different. Those are usually granted E-2 visas, which have a lower capital requirement, but retain similar perks, such as the ability to renew pretty much forever.

Posted on: 2016/3/8 9:19
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#10
Home away from home
Home away from home


Hide User information
Joined:
2008/8/12 14:31
Group:
Registered Users
Posts: 3116
Offline
Quote:

MDM wrote:
One reason you see so many Thai restaurants (compared to say 20 years ago) is from Thais from wealthy families. They want to move to the USA and an investor visa is the easiest way to do it. So many just open a restaurant.


Visas for restaurant owners and other business owners are different. Those are usually granted E-2 visas, which have a lower capital requirement, but retain similar perks, such as the ability to renew pretty much forever.

Posted on: 2016/3/7 22:46
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#9
Home away from home
Home away from home


Hide User information
Joined:
2004/11/13 21:38
Group:
Registered Users
Posts: 3264
Offline
Quote:

MDM wrote:
One reason you see so many Thai restaurants (compared to say 20 years ago) is from Thais from wealthy families. They want to move to the USA and an investor visa is the easiest way to do it. So many just open a restaurant.
interesting, i never realized this about the prevalence of thai restaurants. i was walking on bedford in billyburg the other day and notice two thai restaurants on the same block, same side of the street maybe four-five #'s away from each other

Posted on: 2016/3/7 17:41
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#8
Home away from home
Home away from home


Hide User information
Joined:
2010/7/9 7:16
Group:
Registered Users
Posts: 2088
Offline
One reason you see so many Thai restaurants (compared to say 20 years ago) is from Thais from wealthy families. They want to move to the USA and an investor visa is the easiest way to do it. So many just open a restaurant.

Posted on: 2016/3/7 16:35
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#7
Home away from home
Home away from home


Hide User information
Joined:
2011/11/30 7:46
Group:
Registered Users
Posts: 1771
Offline
Quote:

JCMan8 wrote:
Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.


Pretty sure China prohibits foreigners from owning real estate and their economy, while recently struggling, is still one of the world's top economies.


Are they? Their GDP per capital is in the 80s compared to other countries. And that's even if you trust their #'s, which are notoriously opaque.

They have a massive scale due to billions of people so their total GDP is very high but I wouldn't say the economy is doing well. It has grown, sure, but only because it had so far to go. And much of the growth was imaginary/government fueled anyway.

Anyways, China's economy would be much better if they allowed foreign investment.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

Posted on: 2016/3/7 16:34
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#6
Home away from home
Home away from home


Hide User information
Joined:
2012/11/10 15:38
From JC
Group:
Registered Users
Posts: 2847
Offline
Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.


Pretty sure China prohibits foreigners from owning real estate and their economy, while recently struggling, is still one of the world's top economies.

Posted on: 2016/3/7 16:21
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#5
Home away from home
Home away from home


Hide User information
Joined:
2007/11/15 16:43
Group:
Registered Users
Posts: 651
Offline
the biggest offenses that PAD Trump building has committed are 1) contributing nothing attractive to the skyline
2) killing an entire block with street-level garages

Posted on: 2016/3/7 15:59
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#4
Home away from home
Home away from home


Hide User information
Joined:
2011/11/30 7:46
Group:
Registered Users
Posts: 1771
Offline
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.

Posted on: 2016/3/7 15:38
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#3
Home away from home
Home away from home


Hide User information
Joined:
2008/8/12 14:31
Group:
Registered Users
Posts: 3116
Offline
Meh. Nothing important here. The "Visa for Cash" program has been around for a while, and that's the only thing that was keeping the Miami economy humming along after it cratered during the housing crisis. Most of the buildings down there are financed with that program.

The link to Trump is tenuous, at best. The builder pays for using his name, and that's that. If that's the best that reporter can come up with to discredit or tarnish the guy, he should go look for another job. Plenty of other things for which anyone can write a much better take down piece.

Posted on: 2016/3/7 15:08
Print Top


Re: New PAD Trump building 25% financed with funds from investor visa holders
#2
Home away from home
Home away from home


Hide User information
Joined:
2004/11/13 21:38
Group:
Registered Users
Posts: 3264
Offline
Quote:

Voyeur wrote:
Bloomberg reports that the second tower at the Trump Development in the PAD has been 25% financed by wealthy foreigners through the EB-5 visa program.

That's the visa that bestows two-year residency in the US in exchange for investing $500,000 in the country. Kind of germane to the other thread discussing Chinese investment in the new tower going up at 99 Hudson Street.

http://www.bloomberg.com/politics/art ... who-invest-cash-for-visas
what's your point. trump only licenses his name for the building

Posted on: 2016/3/7 14:28
Print Top


New PAD Trump building 25% financed with funds from investor visa holders
#1
Home away from home
Home away from home


Hide User information
Joined:
2014/9/18 21:29
From Hamilton Park
Group:
Registered Users
Posts: 191
Offline
Bloomberg reports that the second tower at the Trump Development in the PAD has been 25% financed by wealthy foreigners through the EB-5 visa program.

That's the visa that bestows two-year residency in the US in exchange for investing $500,000 in the country. Kind of germane to the other thread discussing Chinese investment in the new tower going up at 99 Hudson Street.

http://www.bloomberg.com/politics/art ... who-invest-cash-for-visas

Posted on: 2016/3/7 14:00
Print Top








[Advanced Search]





Login
Username:

Password:

remember me

Lost Password?

Register now!



LicenseInformation | AboutUs | PrivacyPolicy | Faq | Contact


JERSEY CITY LIST - News & Reviews - Jersey City, NJ - Copyright 2004 - 2017