Category: Uncategorized
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% […]
The changing landscape of EB-5: Recent reforms, challenges, and opportunities
By Piyush Gupta, VP of Business Development & Growth – India and Middle East, CanAm Enterprises As we cross into the remaining months of 2023, the outlook for the EB-5 visa and immigration program in the United States remains optimistic, continuing to attract individuals looking for both a pathway to living in the country and a chance […]
USCIS Approves CanAm’s Rhoads III Project Under the EB-5 Reform and Integrity Act
CanAm Enterprises (“CanAm”) is thrilled to announce that the United States Citizenship and Immigration Services (“USCIS”) has approved the CanAm PIDC Regional Center’s Form I-956F (Application for an Approval of an Investment in a Commercial Enterprise) for the Rhoads III Project as of August 10, 2023. The project enables Rhoads Industries, Inc. (“Rhoads”) to complete […]
H-1B visa fatigue is setting in. It is time to get serious about the EB-5 visa option
By Peter Calabrese，CEO of CanAm Investor Services With more than seven times the number of applicants seeking H-1B work visas than the actual number of H-1Bs available, it came as no surprise when the USCIS recently announced that it conducted — and quickly completed — yet another selection process to downsize the 780,000+ applicant pool to fit […]
What H-1B fees increase means for Indians hoping to work in the US, why EB-5 visa is more secure
By Peter Calabrese 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% of the over 407,000 H-1B […]
EB-5 Regional Center Projects: Factors to consider while making an investment for permanent residency in US
By Peter Calabrese The EB-5 Immigrant Investor Program requires foreign investors to meet certain investment requirements in order to qualify for a U.S. residency. Undoubtedly, the EB-5 Immigrant Investor Program has been instrumental in assisting numerous local businesses throughout the United States and has also supported the U.S. economy. This program has thrived by enabling […]
