Problems at Amlife EB5 Investor
#91
Forum Regular
Joined: Sep 2012
Posts: 30
Re: Problems at Amlife EB5 Investor
Ginstwin- What project have you invested into with Am life?
#93
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Posts: 906
Re: Problems at Amlife EB5 Investor
In terms of investing in Seattle, my concern is how much commercial real estate does that city really need? I don't know but I would recommend you investigate thoroughly.
#94
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Posts: 14
Re: Problems at Amlife EB5 Investor
Have any of the EB5 beneficiaries received any returns on their investments & if so, what is the quantum of returns?
#96
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Re: Problems at Amlife EB5 Investor
Has anyone see this?http://www.eb5investors.com/blog/ame...cation-changes
As the article says AmLife claim that "USCIS is now contradicting its previous approvals, is ignoring applicable regulations, and is dragging its feet in the regulatory process".
From my limited knowledge and experience of going through the I829 process, I agree with Amlife and I hope they win.
#97
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Joined: Oct 2012
Posts: 6
Re: Problems at Amlife EB5 Investor
About to send answers from 2nd RFE on Am Life investment - originally applied for condition removal november 2012 then first RFE's in may and 2nd in August. Main problem is job creation in reasonable time - Jobs now produced but more than 2 years and 6 months
#98
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Posts: 275
Re: Problems at Amlife EB5 Investor
Also how long did it take to get the I-526 originally?
#99
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Posts: 6
Re: Problems at Amlife EB5 Investor
I526 approved in 3 months.
#100
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Posts: 6
Re: Problems at Amlife EB5 Investor
Investment was office building renovation in Seattle
#101
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Re: Problems at Amlife EB5 Investor
I wish you the best. I assume that you project is part of the court case Amlife have started.
I526 in 3 months is superb.
Please keep the forum updated.
#102
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Posts: 906
Re: Problems at Amlife EB5 Investor
4 year 9 months after investing I am getting around $100 per month. Getting tenants for the building has been the problem - no surprise. We have a few more tenants now, so the return should go up in 2013.
#103
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Joined: Sep 2012
Posts: 30
Re: Problems at Amlife EB5 Investor
What project are you invested in Cranston?
#104
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Posts: 906
Re: Problems at Amlife EB5 Investor
1531 S Utah Ave aka Stadium Innovation Center
#105
Just Joined
Joined: Oct 2012
Posts: 6
Re: Problems at Amlife EB5 Investor
The court case is a different building - warehouse on the docks in LA I think. Will know probably in a month.