Arnstein & Lehr Miami Partner Ronald R. Fieldstone is scheduled to speak at the May 16-17 Florida Council for Public Private Partnerships (FCP3) Spring Conference in Orlando. Mr. Fieldstone is presenting the topic “EB-5 Financing.” The FCP3 provides educational content, case studies, relationship development and networking, and other programs to stimulate public/private partnerships in Florida and help its members start to do business with each other.
Arnstein & Lehr Miami Partner Randall L. Sidlosca was interviewed by El Sentinel, The South Florida Sun Sentinel’s Spanish edition, for an article on how Venezuelan President Hugo Chavez’ death may impact South Florida’s economy. The article, was entitled “The economy of South Florida dependent on the political development of Venezuela.”
Mr. Sidlosca noted in his comments his concerns that if the country’s vice president is not elected in the next election, it could completely change the investment scheme of Venezuelans in South Florida. Mr. Sidlosca’s belief is that there is consensus that if Chavez’ policies are maintained, Venezuelan investments should continue to flow into Florida.
To read the Spanish language version of the article, please click here. The article was also picked up by additional media outlets including El Nuevo Herald, Noticias Yahoo!, El Nacional, and El Universal.
Ronald R. Fieldstone addresses Miami Herald green card program misinformation in letter to the editor
Arnstein & Lehr Miami Partner Ronald R. Fieldstone addressed misinformation he believed was presented in a February 11 Miami Herald article entitled “Green cards for sale.” His letter to the editor outlined statements he believed were either unclear or potentially incorrect in the article which addressed competition for EB-5 investment visas.
To read Mr. Fieldstone’s letter, please click here.
Arnstein & Lehr Miami Partner Ronald R. Fieldstone is a scheduled panelist at the 3rd Annual Invest in America Summit & Exhibition to be held March 15-18 in Shanghai, China. Mr. Fieldstone’s panel will discuss U.S. taxation and securities law. The Summit will be the largest American investment conference and exhibition in China for 2013. The event welcomes U.S. investment projects, Regional Centers, real estate brokerage firms, franchises, PE and VC companies, financial services, attorneys, CPAs, international trade agencies, government officials, and colleges to participate in exhibition and presentations. The Summit will attract large crowds of interested investors and business executives who are eager to learn more about investment and business opportunities in the United States.
Randall L. Sidlosca provides thoughts to EFE America and WIOD on President Obama’s immigration reform initiatives
Arnstein & Lehr Miami Partner Randall L. Sidlosca discussed the positive effects of President Obama’s immigration reform announcement last week in a story that was picked up by MSN Latino and Servidor Noticias.com titled “Florida immigrants express optimism following Obama speech on reform.” He also spoke to South Florida News Radio 610 WIOD on his hopes for the bipartisan efforts needed for approval of the initiative.
Arnstein & Lehr Miami Partner Randall Sidlosca recently appeared on a November 25 Fox News Channel segment, “EB-5 Visa Program Rewards Immigrants Who Create U.S. Jobs.” The focus of the segment was how the EB-5 program works for immigrant investors and the upswing of participants in the initiative.
Mr. Sidlosca provided some insight into the program’s scope and benefits. He assists immigrant investors, which have the required capital and job creation capabilities, with finding investment projects nationwide. Mr. Sidlosca emphasized the benefits to both the foreign immigrant investor and the United States. He summed it up by saying the U.S. needs the creation of more jobs, and the immigrants receive a permanent green card and a beneficial place to invest their money. It is a win-win situation.
To view the segment in full, please click here.
Arnstein & Lehr Miami Partner Ronald R. Fieldstone wrote an article, “EB-5 Program Infuses Foreign Capital Into U.S.,” for REBusiness Online on September 11. In the article, Mr. Fieldstone discusses how the the EB-5 program has generated a unique opportunity for real estate developers and operators. He states, “The program provides needed capital, job creation and the migration of wealthy foreigners to the U.S. To date more than $3 billion of capital has been funded under the program.”
Additionally, Mr. Fieldstone provides three main factors in the evaluation process to meet the competitive demand for investor capital. He also gives examples of various ways the program is being utilized.
To read more about the economic advantages of the EB-5 program, please click here for the full article.
REBusiness Online is a web publication for commercial real estate executives and is published by France Media.
Randall L. Sidlosca quoted in Fox Latino, Yahoo news, Univision Noticias articles on extending the EB-5 visa program as good way to spur the U.S. economy
Arnstein & Lehr Miami Partner Randall L. Sidlosca was quoted in two Spanish-speaking news sites on August 23, Yahoo news and Univision Noticias, regarding the EB5 visa program for foreign investors. The articles, titled “Experts ask for extension of visas that benefit LatAm businessmen,” discuss how the EB5 was created in 1990 and will expire on September 30; so far, the Senate has approved a new extension for another three years, however, it is not clear whether the House will vote on it. Mr. Sidlosca comments that the EB5 program is very popular among investors in Latin America, especially in Venezuela and Mexico, seeking a “safe” place for their investments. Fox News Latino has also picked up the EFE story and translated the article into English. Fox Latino has 829,467 unique visitors per month.
To read the article in full, please click here.
Miami Partner Ronnie Fieldstone is the co-author of the recently published book “The EB-5 Definitive Guide to Raising Capital.” The 280 page guide is published by Strategic Element Consulting and was developed for those seeking to raise capital by starting their own EB-5 project. It is intended to provide an A to Z compendium of information to help prospective EB-5 founders to understand the business perspective of EB-5 including: Assessing potential projects, expediting the application and approval process, succeeding with investors, and avoiding common program pitfalls. The EB-5 Definitive Guide was assembled by Mr. Fieldstone and a group of like-minded professionals who realized that there was a need to help those seeking capital to quickly and easily understand the program and what it can do for them. Arnstein & Lehr’s EB-5 team of attorneys has provided legal counsel on more than 60 projects, in 14 states and spanning a dozen industries. To purchase the EB-5 Definitive Guide, please click here.
The EB-5 program is administered by the United States Citizenship and Immigration Services, which is intended to stimulate foreign investment and to create jobs at the same time. The program allows qualifying US-based companies to raise capital from foreign investors. Investors can invest either $500,000 or $1 million as direct investors in small businesses or through an “EB-5 regional center” and receive a green card upon approval of their investment application. Businesses must formally apply to USCIS to approve qualifying direct investments or to attain regional center designation. Mr. Fieldstone and Miami Partner Randy Sidlosca recently launched the web blog www.eb5arnstein.com to promote Arnstein & Lehr’s EB-5 experience.
Ronald R. Fieldstone provides Miami Herald with viewpoint on the importance of EB-5 to small business enterprises
Arnstein & Lehr Partner Ronald R. Fieldstone recently authored, “View: EB-5 program can be lifeline to capital” on The Miami Herald’s blog, Starting Gate News, Views and Tools for Entrepreneurs. In the post he discusses the employment-based immigration program, EB-5. He states, “Small business enterprises have very few options when it comes to raising capital. Therefore, many of them are turning to alternative means to obtain a financial boost that their businesses so desperately need. The EB-5 program is an opportunity to obtain foreign investment dollars to develop or expand businesses in connection with the creation of jobs.”
To read the post in full, please click here.