News & Analysis as of

EB-5

US Department of State Releases February 2018 Visa Bulletin

by Morgan Lewis on

The cutoff dates for China EB-3 show significant advancement. The US Department of State has released its February 2018 Visa Bulletin, setting out per-country priority date cutoffs that regulate immigrant visa availability...more

Immigration in 2018: Unknowns…

One thing is known about immigration law in 2018: it will bring many unknowns. Since the current administration assumed power in January of 2017, we have reported countless (nearly daily) changes to immigration policies, from...more

Continuing Resolution extends EB-5 Program until January 2018

by Cozen O'Connor on

As expected, the House and the Senate passed a Continuing Resolution (the “CR”) last week which extended the Federal budget until January 19, 2018. It is expected that the President will sign the CR. This new short-term...more

EB-5 Update!

by Fox Rothschild LLP on

Congress has passed a stopgap spending bill which will extend the EB-5 Regional Center Program through January 19, 2018 without change. It is expected President Trump will sign the bill today, thereby averting a government...more

Breaking EB-5 Alert: EB-5 Regional Center Program Extended

In a late-night vote, the House and Senate passed and sent to the White House a continuing resolution that prevented a government shutdown and extended the EB-5 Regional Center Program until January 19, 2018. As we reported...more

EB-5 Program Extended to January 19, 2018

With just hours to spare in order to avoid a government shutdown, the House and Senate approved on December 21 a short-term continuing resolution (CR) funding federal activities through January 19. The CR was approved in the...more

EB-5 Immigrant Investor Program Expires in 5-Days. Will EB-5 be Reauthorized?

Washington’s divisive political climate has led to many uncertainties in the future of the EB-5 Immigrant Investor Visa Program. Last week, the House and Senate passed a continuing resolution that prevented a government...more

US Department of State Releases January 2018 Visa Bulletin

by Morgan Lewis on

The cutoff dates for China and other workers show the biggest movement. The US Department of State has released its January 2018 Visa Bulletin, setting out per-country priority date cutoffs that regulate immigrant visa...more

EB-5 Immigrant Investor Program: Following Extension, Next Decision Looms

by Polsinelli on

As part of the two-week spending bill that avoids a government shutdown, the Immigrant Investor Program known as EB-5 is extended unchanged through Dec. 22. Without much buzz on Capitol Hill to suggest the imminent release of...more

EB-5 Alert! Congress Extends EB-5

by Fox Rothschild LLP on

The EB-5 Program has been extended through December 22, 2017. The Program was extended as part of a continuing resolution (CR) funding the federal government through December 22, 2017, thus preventing a government shutdown....more

Congress Approves Short - Term EB - 5 Extension

by Mintz Levin - ML Strategies on

With just one day left to avoid a government shutdown over Fiscal Year 2018 spending, the House and Senate today approved a continuing resolution (CR) that extends current spending levels through December 22. The president is...more

How House Joint Resolution 123 Impacts EB-5

by Cozen O'Connor on

On Friday, December 8, 2017, President Trump signed House Joint Resolution 123, the “Continuing Appropriations Act”, which prevented a U.S. federal government shutdown. The Act provided a short-term extension which will keep...more

EB-5 Regional Center Alert: USCIS Annual Certification Submission Deadline Quickly Approaching

The Norris McLaughlin & Marcus Immigration Practice Group reminds all EB-5 Regional Centers that the annual regional center certification submission deadline for 2017 is December 29. United States Citizenship & Immigration...more

Corporate E-Note - November 2017

by Burr & Forman on

In this Alert, Warren Matthews and Lee Thuston share key takeaways from the “State of the Automotive Industry in the U.S.” presentation during the 2017 Southern Automotive Conference. Thuston shared remarks at the conference,...more

Why An E-2 Visa May Be Better Than An EB-5 Green Card

by Ronald Shapiro on

There are several reasons why investor immigrants may be better off applying for E-2 visas instead of EB-5 green cards. Some of the specific advantages that E-2 visas have when compared to EB-5 green cards include: Faster...more

US Department of State Releases December 2017 Visa Bulletin

by Morgan Lewis on

EB-1 remains current; “Dates for Filing” chart remains stagnant. The US Department of State has released its December 2017 Visa Bulletin, setting out per-country priority date cutoffs that regulate immigrant visa...more

Down to the Wire

There have been significant movements in Congress to try to come up with a final compromise bill to resolve the impasse that has been in existence for the past two and one-half years (2½) years. It is difficult to predict...more

Proposed Framework for EB-5 Reform – Headed for Omnibus in December?

With all eyes in Washington focused on tax reform, let’s not forget that there is a hard deadline approaching to address funding of federal activities with the current continuing resolution (CR) set to expire soon. The CR has...more

Slippery Slope Fraud Scheme Crumbles Under Mountain of Evidence

by Akerman LLP on

U.S. immigration policy continues to be a subject of national debate, but almost everyone agrees that the EB-5 visa program has been a win-win for immigrants and the U.S. economy. Under the EB-5 program, foreign nationals can...more

US Department of State Releases November 2017 Visa Bulletin

by Morgan Lewis on

EB-1 remains current, minimal advancement in other categories. The US Department of State has released its November 2017 Visa Bulletin, setting out per-country priority date cutoffs that regulate immigrant visa...more

“The cold never bothered me anyway!” SEC again uses its power to freeze an alleged EB-5 scam

Like Elsa, the Princess in Disney’s classic Frozen, once again the Securities and Exchange Commission (SEC) has utilized its power to freeze. In this case, the freezing of assets. In what has become an increasingly common...more

EB-5 Program Is Extended Without Changes Until December 8, 2017

by Cozen O'Connor on

On September 8, President Trump signed into law H.R. 601 which will keep the U.S. federal government open through December 8, 2017. As a result, the EB-5 Regional Center Program is now extended until such date without any...more

Prime Opportunity to Redevelop Tacoma’s Old City Hall, Get Some Green Cards

Seattle is not the only Northwest city reaping the benefits of foreign investment. Tacoma, our neighbor to the south, is notably receiving foreign capital from Asia. Perhaps Tacoma’s Old City Hall is ripe for similar foreign...more

Extended Again: No Policy Changes for EB-5, Yet

by Goulston & Storrs PC on

In September, as part of federal spending legislation, the EB-5 Regional Center Program received a short-term extension through December 8, 2017. The Program has been similarly extended, with no change in policy, on multiple...more

Lawmakers May Not Spend Political Capital on Stand-Alone EB-5 Bill

The chances of a stand-alone EB-5 bill gaining consensus with lawmakers on Capitol Hill are low. With the GOP failing to repeal the Affordable Care Act, lawmakers may be spending time readjusting priorities in unexpected ways...more

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