Author: CanAm
CanAm’s 51st Project Repayment: $22.5 million from a Mixed-Use Apartment Development Project at New Jersey City University
EB-5 investors supported key piece of $400 million West Campus redevelopment in New Jersey’s second-largest city New York, NY – CanAm Enterprises (“CanAm”) is delighted to announce the full repayment of its 51st EB-5 project, which is a two-building housing complex on the West Campus of New Jersey City University (“NJCU”). This repayment is the […]
Key Takeaways from the U.S. Department of State Data Scientist’s Presentation in D.C.
Last week, Dr. Michael Hanley, Data Scientist at the U.S. Department of State presented crucial EB-5 data points and policy updates at the @IIUSA’s Leadership Summit in DC. Below are our key takeaways: Takeaway #1: EB-5 Visa Issuance is Picking-Up at Consular Offices: In FY2023, 8,350 EB-5 visas were issued through consular processing and 1,491 […]
CanAm Philadelphia Project Delivers on U.S. Immigration Promise
First permanent green card issued for fully repaid Philly project October 9, 2023, New York, NY — CanAm Enterprises (“CanAm”) is delighted to announce that the first permanent green card for an investor in CanAm’s milestone 50th repaid project – based in Philadelphia – has been issued by the USCIS. Walter Gindin, CanAm’s General Counsel […]
EB-5 visa is a wise alternative for tech professionals says Peter Calabrese, CEO of CanAm Investor Services
By Pooja Singh Pooja Singh conducted an exclusive interview with Peter Calabrese, Chief Executive Officer of CanAm Investor Services where he discussed the significance of the EB-5 visa program for Indian investors. To learn more, continue reading the article. The surge in EB5 Visa applications is remarkable, especially in light of the persistent uncertainty and extensive processing […]
CanAm Appoints Piyush Gupta as Company’s VP for India and Middle East
CanAm Enterprises (“CanAm”) is pleased to announce that Piyush Gupta has been appointed to the position of Vice President for India and the Middle East. A seasoned Business Development professional with 12 years of experience in sales, strategy and client management, Mr. Gupta has deep cultural ties to, and understanding of, the world’s most populous […]
How the EB-5 Visa Can Help the Tech Economy – and the Workers Who Drive it
By Peter Calabrese One of the more intriguing paradoxes of any economy today is that while companies in America still desperately need skilled workers in STEM (Science, Technology, Engineering, and Mathematics) fields, the U.S. government’s work visa policies seem be working against them. The demand: The Tech industry employs about 5.9 million people and supports […]
US EB-5 Visa Investment: Indians cautiously consider new tax rules effective next month
By Peter Calabrese Unlike other visas, such as H-1B, the EB-5 visa does not require employment or family sponsorship. As the calendar turns closer to the October 1 effective date for India’s higher tax rate on outbound financial transfers, Indians planning to send money abroad are understandably weighing whether to accelerate their transactions to avoid […]
The EB-5 Investment Program Continues to Regain Momentum
Beth Mattson-Teig | Aug 21, 2023 The tightening of real estate capital markets could fuel further activity among immigrant investors. The EB-5 immigration investment program has been on a bumpy path to recovery after Congress reinstated the program nearly 18 months ago. But industry participants are optimistic about the runway ahead due to pent-up demand from international […]
How the United States’ EB-5 visa supports Indian workers amid H-1B turmoil
By Peter Calabres, CEO at CanAm Investor Services While H-1B has traditionally been the visa of choice among Indians seeking to work and live in the United States, a series of events unfolding over the last year have quickly changed those norms. From October 2020 to September 2021, the Indian workforce secured an impressive 74% […]
