You need a 1031 Qualified Intermediary to complete your 1031 exchange, so here are a few things to consider to make sure you pick the right one. For more than 100 years, investors have been able to defer capital gains taxes and depreciation recapture from the sale of business real estate through the use [...]
NES Financial offers a series of articles written by industry experts addressing best practices and pressing issues in the EB-5 industry, such as business plan changes in EB-5 projects. This article by Ronald Klasko of Klasko Immigration Law Partners, A Business Plan is Not a Statue: Impacts of Business Plan Changes, considers the impact of [...]
In recent weeks, EB-5 stakeholders have been focused on headlines and debates in Washington about legislative reforms and pending integrity measures. But beyond regulatory concerns, major industry stakeholders are refocusing on the growing demands of investors worldwide. Because when it comes to building investor confidence, EB-5 integrity matters now, more than ever before. As the [...]
NES Financial would like to congratulate the following new Regional Centers on their USCIS approval for the month of June 2017: Atlantic Casino & Entertainment Group Regional Center - Delaware, Maryland, New Jersey, Pennsylvania New York Immigration Regional Center - Connecticut, New Jersey, New York, Pennsylvania American Family Regional Center - Washington To keep your EB-5 [...]
The EB-5 investment community is facing a new challenge. As many of the more seasoned EB-5 investment projects begin to mature, the original investment capital is returned by the project owner to the new commercial enterprise. While USCIS published guidance on redeployment has prompted more questions than answers, one thing is certain: The EB-5 [...]
In order to maintain its industry-leading services in the EB-5 and 1031 Exchange businesses, NES Financial’s recent reorganization has created dedicated business units to do just that in addition to accommodating its rapid progress into the private equity fund administration market. Reid Thomas has been named the Executive Vice President and General Manager of the new [...]
On May 4, lawmakers voted to extend EB-5 until September 30th as part of a $1.2 trillion appropriations bill. However, the debate on EB-5 reform continues to heat up on Capitol Hill and in the press. Confronting the controversy head-on, NES Financial CEO Michael Halloran has emerged on the Hill and in the press as [...]
Reid Thomas, Executive Vice President and General Manager of NES Financial's EB-5 business unit, has been in China representing the company at the 7th annual Invest in America Summit. Largely regarded as one of the leading EB-5 events in China, the Invest in America Summit spanned four days in Shanghai, Beijing, Shenzhen, and Guangzhou. Thomas, [...]
If you wanted to know how to say "EB-5 Best Practices" in Chinese, Korean, Portuguese, Spanish, or Vietnamese, look no further: our newly refreshed international website offers NES Financial's content in five different languages. Because we've long understood that immigrant investors make up the engine that enabled the EB-5 Regional Center Pilot Program to take [...]
Last week, our team went to the nation's capital to attend IIUSA's 10th Annual EB-5 Advocacy Conference. As a Platinum-level sponsor, NES Financial was well-represented at the EB-5 Advocacy Conference with a booth in the exhibition hall and General Manager Reid Thomas speaking on the "Keep Calm & EB-5 On": A Macro Perspective on EB-5 panel. While the long-term extension that [...]