March Newsletter

EMPLOYMENT

-Written by Daisy Zhao-

Every fiscal year (October 1st to September 30th), approximately 140,000 immigration visas are issued under the employment based category of U.S. immigration law. Most of the Categories require a sponsorship from a U.S. company, organization or entity.
On behalf of many well-known U.S. companies, we are recruiting foreign workers worldwide.

“Here are some great opportunities :”

1. Job Title: Cook

♣ Wage: start rate is about $9 / hr
♣ Location: Minneapolis, Minnesota
♣ Spots available: 3

2. Job Title: Dental Laboratory Technicians

♣ Wage: entry level is about $10 / hr
♣ Location: South Carolina and North Carolina
♣ Spots available: 20

Unskilled Workers (No experience required)

  1. Combined food preparation and serving worker
  2. Retail salespersons
  3. Warehouse workers
  4. Poultry processing workers

For more information about these positions, please contact
Daisy Zhao at daisyz@visaims.com


STEM OPT Extension Written by Zachary Bryant from TDK Law Group

The U.S. Department of Homeland Security recently announced a rule change allowing international students earning degrees in certain science, technology, engineering, and mathematics (STEM) fields to stay in the country for up to three years after graduation.

The rule will go into effect on May 10, 2016. Allowing extension of the optional practical training (OPT) period by 24 months, this will provide more opportunities for foreign students to stay longer in the USA.

For more information on F-1 visas or OPT application / extension, please contact Stephen Yun at zacb@tdklawgroup.com


Canadian Immigration Written by Daniel Kim from IMS

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The newly elected Liberal government under the leadership of Prime Minister Pierre Trudeau is introducing major changes to the Canadian Immigration Program.

The Canadian Minister of Immigration, Refugees and Citizenship Canada (IRCC), John McCallum, has stated that the government of Canada is planning on introducing changes in the “next couple of months” that will grant permanent resident status to all sponsored spouses of Canadians immediately upon arriving in Canada.

Currently, sponsored spouses of Canadians, as well as common-law and conjugal partners, receive conditional permanent residence upon arrival in Canada and have to wait for two years to obtain full permanent resident status.

Immigration Minister John McCallum also recently announced that Ottawa plans to welcome between 280,000 and 305,000 permanent residents by the end of 2016, a 7.4% increase from the 2015 admission target.

With the proposed increase in the number of permanent residents accepted into Canada, the prospect of immigrating to Canada may be of interest to you.

For more information regarding Canadian immigration and how IMS may be of assistance to your immigration proceedings including legal representation, family immigration, economic immigration, and business immigration (including the preparation of comprehensive business plans),
please contact Daniel Kim at info@visaims.com.


Mexico Immigration

IMS will soon introduce immigration products for Mexico. The advantages of obtaining permanent/temporary resident status in Mexico may be attractive to individuals given Mexico’s favorable tax laws.

One of the means to obtain Mexican resident status / permanent residency is real estate investment. Real Estate in certain coastal locations in Mexico is still very affordable and an excellent value for the money invested.

For more information on our Mexico immigration / investment products, please contact Daisy Zhao at daisyz@visaims.com.

EDUCATION


International Schools in Los Cabos, Baja California Sur

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Los Cabos is growing every day and the opportunities for an excellent lifestyle are amazing. Living costs and homes in Los Cabos are priced to fit any budget, and its weather is perfect. Due to these factors, more than 15,000 US citizens reside in the Los Cabos area. Some of them are retirees and some are in their 40s. If you are considering relocating to the Los Cabos area with your family, there are many excellent private schools which are reasonably priced.

These private schools tuition ranges from $180 ~350 USD per month. Some of these junior-high or high schools provide an IB (International Baccalaureate) program which is recognized by many universities around the world. Many graduates from these schools go abroad for their post-secondary education. Here are some of the private schools available; Amelia Wilkes Cesena, Colegio Amaranto, Colegio El Camino and Centro Escolar Picacho.

For more information, please contact Ruth Ahn at rutha@visaims.com.

INVESTMENT



EB-5 Project: Homestead at Hamilton

Regional Center

Regional Capital EB-5 Alliance

Project Name Homestead at Hamilton
Developer/Operator Pike Construction
Location Hamilton Township, Mercer Country, NJ
Project Timeline Groundbreaking – October 9, 2015
Neighborhood

Hamilton Township, currently the 9th largest town in New Jersey and home to nearly 90,000 residents, is located in Mercer County, central New
Jersey. It enjoys prime location that is within an hour’s drive of NewYork City, Philadelphia, and the Jersey Shore. The Township also boasts a very convenient and attractive train station.

Total Project Cost $59,121,167 USD
Fund Source
  • owner Equity $5,921,167 (10%)
  • EB-5 Loan $18,000,000 (30%)
  • Senior Loan $35,200,000 (60%)
Merit
  • Loan secured by partnership interest and cash flow
  • 5-year investment period: 1% annual return
  • Exit strategy: sale or refinance at the end of year 5. The project was underwritten by Red Capital who is the senior lender for the project and Fundamental Advisors who has provided a bridge loan until the EB-5 Capital is secured. The project funding has closed and construction has commenced. Red Capital plans to provide the permanent funding through Fannie Mae (FNMA) to repay the EB-5 investment at stabilization.
Job Creation
  • Estimated Job Creation: 12.3 jobs per investor
EB-5 Investment & Sales Status $500,000 / investor, 36 units

For more information on our EB-5 investment products, please contact Daryl Kaiser at info@fairhavencapitalllc.com.