News Feed Archive
Should foreign investors looking for U.S. citizenship be tapped for DMC?
Looking for ways to help make Rochester’s $6 billion makeover a reality, Destination Medical Center leaders are considering whether to tap into a federal economic development program that raises money from wealthy foreign investors seeking US citizenship. Alexandra Loveless, Senior Project Manager, discussed how the North Dakota/Minnesota EB-5 Regional Center can make that a reality.
CHINA Town Hall: Local Connections, National Reflections
The North Dakota/Minnesota EB-5 Regional Center is a proud sponsor of the upcoming CHINA Town Hall: Local Connections, National Reflections event. The event will take place on Monday October 5, 2015 from 5:30pm – 8:00pm in Minneapolis and is designed to provide Americans in more than 70 cities across the United States and beyond the opportunity to discuss Sino-U.S. issues in the relationship with leading experts.
Upcoming Property Investor Show In London
The North Dakota/Minnesota EB-5 Regional Center will be panelist at the upcoming Property Investor and Homebuyers Show in London!
“Non-Traditional” EB-5 Projects Make a Big Splash
The North Dakota/Minnesota EB-5 Regional Center was recently featured in EB-5 Investors Magazine’s, “’Non-Traditional’ EB-5 Projects Make a Big Splash” article released in April. The EB-5 program is dominated by real estate projects, mostly because the ease of marketing to investors. Yet, the challenges of working with projects that are non-traditional have not caused our Regional Center to shy away. In the interview, Director Mickayla Zinsli, speaks of some of the challenges and benefits of this approach.
Upcoming China Trip
The North Dakota/Minnesota EB-5 Regional Center team will be returning to China for an upcoming marketing trip. Mickayla Zinsli (Director) and Jeff Jiang (Senior International Development Officer) will travel to multiple cities within China over March 19th through March 30th. For more details please contact us at firstname.lastname@example.org.
Three New I-526 Approvals
The North Dakota/Minnesota EB-5 Regional Center announces the USCIS’s approval of three I-526 petitions in the Ultra Green project. With these approvals, the EB-5 investors are granted their conditional green cards and $1.5 Million was released to the project ($500,000 per investor). A milestone well deserving of a celebration, these approvals mark the beginning of the investment and immigration process. These I-526 petitions go to support all subsequent filings in the project, which is great news for the remaining investors and the project!
News-North Dakota/Minnesota EB-5 Regional Center Receives USCIS Approval to Expand
On May 2nd, the North Dakota/Minnesota EB-5 Regional Center received approval from the USCIS to expand its original designation! We are now preapproved to operate in the entire State of Minnesota. In 2011 we became the first Regional Center to operate in Minnesota, and today we are the only approved Regional Center with a physical presence in the state: having offices in both Eagan and Rochester.
Our name has formally been changed to the “North Dakota/Minnesota EB-5 Regional Center” – emphasizing the joint focus on both North Dakota and Minnesota. We have the ability to facilitate investment into any private enterprise, but we are specifically preapproved for the following NAICS categories:
- Accommodation and Food Services
- Health Care and Social Assistance
- Information/ Communication Technologies
- Real Estate Development
- Transportation and Warehousing
Theses expansions will allow the North Dakota/ Minnesota EB-5 Regional Center to have a greater impact on the region by serving companies previously unable to take advantage of the EB-5 program, because of their location or industry.
North Dakota/Minnesota EB-5 Regional Center Expands
The North Dakota/Minnesota EB-5 Regional Center, in collaboration with Rochester-based EB-5 Ventures, opens a branch office Minnesota. Operations in the Rochester office will be headed by Larry Gensmer and Mark Dickson, both natives of Minnesota. Gensmer and Dickson have decades of experience in project development and project management, specifically in the healthcare and real estate industries.
North Dakota Signs Pact with Chinese City
BISMARCK, N.D. — North Dakota now has a sister-state relationship with the province of Shandong in China. Lt. Gov. Drew Wrigley signed a memorandum of understanding Friday in the city of Jinan in Shandong, China. Wrigley says the relationship will help strengthen economic and social ties in the areas of agriculture, aviation, education, energy and technology. The sister-state relationship builds on the trade partnership already established between North Dakota and China. Shandong is a coastal province, located in the East China region.
Dalrymple Touts North Dakota’s Strong Economy at Forbes Reinventing America Summit
Gov. Jack Dalrymple today attended the Forbes Reinventing America Summit in Chicago and spoke to attendees about the strength of North Dakota’s economy and how the state is leading the nation in economic growth, job creation and the expansion of targeted industries. Dalrymple was invited to address the summit by Forbes publisher and North Dakota native, Rich Karlgaard. “Exciting things are happening in North Dakota and the nation is taking notice,” Dalrymple said. “We have a strong message of growth and innovation, and I enjoyed bringing that message to the summit as an example of what can be done across the country.” During his remarks, the Governor highlighted some of the state’s economic milestones and rankings, including recent reports that name North Dakota a leader in both personal income and population growth. Dalrymple stated that for the sixth time in the last seven years, North Dakota has recorded the strongest personal income growth among all states, according to the U.S. Bureau of Economic Analysis. The state’s average personal income increased 7.6 percent last year, while the nation averaged 2.6 percent growth. The U.S. Census Bureau announced today that population growth is being reported in all regions of the state and that a number of North Dakota communities and counties ranked among the nation’s fastest growing. The Forbes Reinventing America Summit is a first-of-its-kind event bringing together industry executives, entrepreneurs, academics and elected officials who are leading the next revolution of innovation and opportunity in the country. Joining Dalrymple as speakers were Steve Forbes, Forbes Media; Bill Ford, Ford Motor Company; Chicago Mayor Rahm Emanuel; David Cote, Honeywell; and Sam Zell, Equity Group Investments.