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-   US Immigration, Citizenship and Visas (https://britishexpats.com/forum/us-immigration-citizenship-visas-34/)
-   -   Problems at Amlife EB5 Investor (https://britishexpats.com/forum/us-immigration-citizenship-visas-34/problems-amlife-eb5-investor-754864/)

eb52012 Oct 1st 2012 7:24 am

Re: Problems at Amlife EB5 Investor
 
Ginstwin- What project have you invested into with Am life?

ginstwin Oct 1st 2012 7:25 am

Re: Problems at Amlife EB5 Investor
 

Originally Posted by eb52012 (Post 10308759)
Ginstwin- What project have you invested into with Am life?

Marriott Hotel LA

cranston Oct 1st 2012 8:04 am

Re: Problems at Amlife EB5 Investor
 

Originally Posted by jandrews (Post 10307816)
Shall appreciate comments, Pros & Cons for investing with this company.

I have been an investor with them since Jan 2007. IMO Amlife are professional.

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.

jandrews Oct 1st 2012 8:39 pm

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?

jandrews Oct 9th 2012 9:12 pm

Re: Problems at Amlife EB5 Investor
 
Has anyone see this?

http://www.eb5investors.com/blog/ame...cation-changes

cranston Oct 11th 2012 9:50 am

Re: Problems at Amlife EB5 Investor
 

Originally Posted by jandrews (Post 10323175)

Yes, Amlife told me they were doing this.

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.

eb5invest Oct 12th 2012 3:13 am

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

ginstwin Oct 12th 2012 4:31 am

Re: Problems at Amlife EB5 Investor
 

Originally Posted by eb5invest (Post 10327519)
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

Can i ask what project?

Also how long did it take to get the I-526 originally?

eb5invest Oct 12th 2012 8:09 am

Re: Problems at Amlife EB5 Investor
 
I526 approved in 3 months.

eb5invest Oct 12th 2012 8:11 am

Re: Problems at Amlife EB5 Investor
 
Investment was office building renovation in Seattle

cranston Oct 12th 2012 1:30 pm

Re: Problems at Amlife EB5 Investor
 

Originally Posted by eb5invest (Post 10327519)
Main problem is job creation in reasonable time - Jobs now produced but more than 2 years and 6 months

Understood, I think our project met the job criteria in month 23 but I was concerned about our project having that problem.

I wish you the best. I assume that you project is part of the court case Amlife have started. :fingerscrossed:

I526 in 3 months is superb.

Please keep the forum updated.

cranston Oct 12th 2012 1:35 pm

Re: Problems at Amlife EB5 Investor
 

Originally Posted by jandrews (Post 10309456)
Have any of the EB5 beneficiaries received any returns on their investments

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.

eb52012 Oct 12th 2012 2:11 pm

Re: Problems at Amlife EB5 Investor
 
What project are you invested in Cranston?

cranston Oct 12th 2012 4:07 pm

Re: Problems at Amlife EB5 Investor
 
1531 S Utah Ave aka Stadium Innovation Center

eb5invest Oct 13th 2012 1:32 am

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.


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