Worse than the hairy subject of tenancy occupancy methodology for EB5...
Jun 29th 2012, 8:04 am
#1
Forum Regular
Thread Starter
Joined: Oct 2011
Posts: 192
Worse than the hairy subject of tenancy occupancy methodology for EB5...
it appears cost of land or real estate will no longer be used as an input cost for job creation ...RC or no RC
http://blog.lucidtext.com/rc-real-estate/
See para. 21 and impacts in para.16
http://blog.lucidtext.com/rc-real-estate/
See para. 21 and impacts in para.16
Jun 30th 2012, 10:38 pm
#2
Grumpy Know-it-all
Joined: Jul 2010
Location: Calgary, Alberta
Posts: 8,928
Re: Worse than the hairy subject of tenancy occupancy methodology for EB5...
I've come to the conclusion the whole thing is ridiculous, and not only that but Jason Kenney (the Canadian minister of immigration) now wants to copy the EB-5 programme going by his recent remarks.
$500k for conditional permanent residency and USCIS is supposed to be facilitating that and it seems to me all they're doing is making it harder and harder. They've got to face facts that employment is always fluid and you can't prove absolutely using any methodology that ten new jobs have been created (they've even got to the point of violating the ICRA in attempting to do it by requiring proof of LPR status or US citizenship of the employees). Always thought that was a stupid metric anyway. Should be defined as a reasonable potential to create significant employment or at least secure jobs that would otherwise be lost.
$500k for conditional permanent residency and USCIS is supposed to be facilitating that and it seems to me all they're doing is making it harder and harder. They've got to face facts that employment is always fluid and you can't prove absolutely using any methodology that ten new jobs have been created (they've even got to the point of violating the ICRA in attempting to do it by requiring proof of LPR status or US citizenship of the employees). Always thought that was a stupid metric anyway. Should be defined as a reasonable potential to create significant employment or at least secure jobs that would otherwise be lost.
