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Developments on the EB5 Program: the Administration, House and Senate Weigh In

The Regional Center part of the EB-5 immigrant investor program is set to sunset on September 30, 2015. Recent actions by the Obama Administration, the Senate and the House demonstrate this program now has significant...more

President Obama’s April Fools' Day Order on Cyberterrorism – No Joking About It!

While it’s not clear whether the President’s release today of an Executive Order, "Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities," was purposefully timed to coincide with...more

DHS Funded for One More Week; Shutdown Temporarily Averted

Republican leaders and both branches of Congress failed Friday to come to a long-term agreement to provide fiscal year funding for the Department of Homeland Security (“DHS”) and provide confidence that a DHS shutdown will be...more

USCIS to Run Out of Funds February 27th

On February 4, 2015 the Senate held a vote to fund the Department of Homeland Security (DHS) but the vote failed. This was the second vote on DHS funding, which will run out on February 27, 2015....more

Polis Bill Reform EB-5 Immigrant Investor Program

With the regional center program set to expire in September 2015, the EB-5 industry has been given new life in the form of the American Entrepreneurship and Investment Act of 2015. The Act was introduced today by Congressmen...more

U.S. Shift in Policy Eases Cuba Sanctions and Opens Door for New Opportunities

The Obama Administration recently announced it will undertake efforts to repair diplomatic relations between the U.S. and Cuba and end decades of political estrangement and economic isolation of the island nation....more

U.S. Government Resets Cuban Policy and Eases Sanctions Against Cuba

Yesterday, President Obama announced that the United States and Cuba will begin talks to resume full diplomatic relations and partially lift travel and economic sanctions and restrictions, some of which have existed for more...more

Obama to Sign Venezuela Sanctions Bill

Last week, the U.S. Congress passed S. 2142 (the “Venezuela Defense of Human Rights and Civil Society Act of 2014”) and presented the legislation to President Obama for signature. White House officials have indicated that...more

Administrative Changes Will Create Opportunities for Startups

As we recently reported, on November 20, 2014, the President announced a series of executive actions broadly covering immigration law. One such action relates to the implementation of a parole system for inventors,...more

Senate Passes Spending Bill: DHS Only Funded Through February 2015

In an unusual weekend session, the US Senate passed the “Cromnibus” government funding bill, providing funding for most government agencies through September 2015. However, the Department of Homeland Security, which includes...more

EU adds separatist names to Ukraine-related asset freeze list

As per a recent request from the EU Council, the EU has extended its sanctions in relation to Ukraine by adding 13 persons and five organizations to the asset freeze list based on their involvement in recent elections in the...more

I-9 Forms, Deferred Action for Childhood Arrivals, EB-5 Visas, and Reform Q&A - This month in Immigration

I-9 Audits - A fine for a couple of I-9 violations pales in comparison to the $34 million settlement paid by Infosys in 2012 for repeated I-9 violations and omissions discovered by Immigration and Customs Enforcement...more

Under the Dome: Inside the Maine State House

In recent weeks, Governor LePage and the Department of Health and Human Services have disagreed with Attorney General Janet Mills regarding the Administration’s ability to influence whether municipalities distribute General...more

Update on Economic Sanctions Triggered in Reaction to the Crisis in Ukraine

On March 17, the European Union and United States took further actions with respect to the Ukraine situation, as follows...more

EB-5 Alert: U.S. House of Representatives Approves Three-Year Extension of EB-5 Regional Center Program and Sends to President for...

EB-5 Program Regional Centers Have Been Re-authorized until 2015. EB-5 Regional Centers play an important role in raising EB-5 financing for new business development, and there has been some concern among investors and...more

Washington Insight - June 2013

In This Issue: - King & Spalding Partners Address Political Intelligence Industry - On the Politics of Immigration Reform - Appropriations and Sequester – Laying Down Markers - The Congressional Appropriations...more

Congressional Budget Office Report States that the Senate Immigration Bill Would Save the U.S. Nearly Nine Hundred Billion Dollars...

In a report released June 18, 2013, the nonpartisan Congressional Budget Office (CBO) estimates that by 2023, enacting The Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 (S.744) could reduce...more

Congress Returns from Spring Recess

Congress returns to Washington today after a two-week district work period. As we enter the second quarter of the year, we are likely to see continued debate and some progress on: Budget & Appropriations; Presidential...more

Investing In Georgia: Economic Development Newsletter - February 2013

In This Issue: Welcome to King & Spalding's economic development news bulletin,Investing in Georgia. In this edition, you will find: - An overview of the sequester, debt ceilings, continuing resolutions to fund...more

New Class of Entrepreneur Visas Coming?

As the push for immigration reform gains momentum on Capitol Hill, more bipartisan immigration measures are being introduced, some of which have a good chance of being incorporated into any sweeping reform package....more

Washington Insight - January 2013

In This Issue: - President Obama Sworn in for a Second Term - 113th Congress Underway - More Fiscal Challenges in Store - Cabinet Re-Shuffle - A Game of Musical Chairs - Tax Reform and...more

EB-5 Regional Center Program Extended Until September 30, 2015

On September 28, 2012, President Barack Obama signed bipartisan legislation extending the EB-5 Regional Center Program for an additional three years. The new sunset date for the program is September 30, 2015. Additionally,...more

Push to Reauthorize EB-5 Visas for Foreign Investors

Within the last 30 days, legislators have introduced various bills in the U.S. Congress that would reauthorize the EB-5 Regional Center Pilot Program....more

Legislative Update on the state of the EB-5 Immigrant Investor Program

The EB-5 program has received growing attention in recent weeks. In these days of tight credit, particularly for commercial real estate development, the EB-5 Program provides an attractive alternative to conventional real...more

The Illinois DREAM Act

On August 1, 2011, the Governor signed the Illinois DREAM Act into law. This law does not affect the immigration status of students as discussed in the proposed federal DREAM legislation; however, it provides students who...more

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