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EB5 Express RC Corrected Approval notice April 23, 2014

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We won in our Motion! We have an approved "actual project" and a hypothetical specifically based on our specialized approach to "tenant occupancy" (that was the term USCIS used in the Approval …

We won in our Motion! We have an approved "actual project" and a hypothetical specifically based on our specialized approach to "tenant occupancy" (that was the term USCIS used in the Approval Notice--we did not use that terminology in our application package).

Published in: Investor Relations

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  • @gibbiedee Our approach combines EB-5 owner equity into the businesses AND facilitation in building/remodeling to suite the business plus certain other facilitation via other accommodating actions such as move-in specials etc.... It is not new. The failed approaches involved those who merely wanted to be passive landlords and some wanted to buy properties with EXISTING business and count EXISTING jobs! Stoooopid approaches fail, smart ones succeed.
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  • See this one also, esp. that I-829 section: http://www.slideshare.net/BigJoe5/issue-identification-basics-in-eb5
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  • Please see 8 CFR 204.6(g)(2).
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  • in other words, you redinfined for USCIS what 'tenant occupany' is and how it should be counted as new jobs? because from what they are saying about, it sounds like they approved a 'tenant occupany' model, which can be misleading to the EB-5 community.
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  • @gibbiedee We did not call it 'tenant occupancy', USCIS did that. We relied on existing regulations that allow all jobs to be credited to the EB-5 investors with domestic investment partners whom USCIS insists on mischaracterizing as 'tenants'.
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