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GENERAL RESOURCES > EB5 Legislative Updates

EB5 Regional Center Pilot Program Extended through September 30, 2012


President Obama signed the FY2010 Department of Homeland Security appropriations bill into law on October 29, 2009, which included the three-year extension of the EB5 regional center pilot program to 9/30/2012. Legislative efforts will now focus on making the pilot program permanent.

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Testimonials from approved I-829 investors

"We have had an excellent experience with the PIDC Philadelphia Regional Center . We were one of the first investors to sign up. Although we were very interested the investment project they offered, we were at first uncertain because no one else had submitted an application. However, they worked very hard to make sure our application was very thorough, and since the beginning, they have been in regular communication with us and have answered all our questions. We received reports about the status of our investment so that before we even submitted our application for the unconditional green card, we knew that the investment project had already created more than enough jobs. Our I-829 conditional removal was approved less than a month after our application was submitted.

We are very happy and excited that everything has turned out so successfully and are confident that we will be as successful with our investment as we have been with our immigration. We highly recommend the PIDC Philadelphia Regional Center to anyone."

Mr. and Mrs. Park of South Korea

 

"Our family is very satisfied with our lives here in the US. We have settled here in California, we bought a home, and both my children are attending school. Also, our son just got accepted to the prestigious University of California at Berkeley, and he can now attend the university as permanent green card holder, because we just received our permanent green cards by mail within two months after our I-829 application was approved. I had an excellent experience with my investment in Philadelphia (PIDC) Regional Center Program because CanAm and everyone involved were really professional and kind. I can now confidently recommend the PIDC Philadelphia Regional Center Program to others based on our own experience."

Mr. and Mrs. Koh, investors in PIDC Philadelphia Regional Center LP II

 

"This week, I received a call from my bank.  They informed me that I received $500,000 USD into my bank account, and asked me what is this amount?  I did receive a call from CanAm last week of the intended return of the original investment amount, but I did not quite realize that the wire would take place so quickly.  I was taken back by the bank's question, but I calmly replied that I was expecting such deposit into my bank account.

I know that not all EB-5 investors achieve both immigration and investment successes, because I have noticed with my own eyes that many EB-5 investors who invested in non-CanAm
EB-5 projects who failed to get permanent green cards and/or take a loss on their initial investments.  In that sense, I again realize that I was fortunate to have participated in the CanAm EB-5 projects around 6 years ago.

Now that my family and I have achieved both immigration and investment successes, I have no hesitation referring CanAm EB-5 Program to anyone who asks me for advice or my experience with my own EB-5 case.

I would like to sincerely thank CanAm staff and the processing U.S. attorney and his staff."

LP 4 investor in Southern CA

 


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