News & Analysis as of

EB-5

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

SEC Continues Its Focus On EB-5 Immigrant Visa Fraud

by Fox Rothschild LLP on

Earlier this year we wrote about the Justice Department’s continuing efforts to combat fraud in the EB-5 immigrant visa program, with the filing of several federal lawsuits seeking the forfeiture of nine real properties...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

EB-5 Regional Center Program Extended to December 8, 2017

The EB-5 Regional Center Program authorization was set to expire September 30, 2017. The extension of the authorization until December 8, 2017 was part of the legislation (known as H.R. 601) signed into law by President Trump...more

Department of State Releases October 2017 Visa Bulletin

by Morgan Lewis on

EB-1 China and India once again become “current” as does EB-2 Worldwide. The US Department of State has released its October 2017 Visa Bulletin setting out per-country priority date cutoffs that regulate immigrant visa...more

H.R. 601 Extends EB-5 Program and Provides $15.25B of Disaster Relief Funds

by Ballard Spahr LLP on

President Trump has signed into law H.R. 601, a continuing resolution that funds the federal government through December 8, 2017, and thereby extends the EB-5 Regional Center Program beyond September 30, 2017—the end of the...more

EB-5 Regional Center Program Reauthorized To Dec., 8, 2017

by Fox Rothschild LLP on

The U.S. Congress extended the EB-5 Regional Center Program through December 8, 2017, without reform, as part of a stopgap continuing resolution to fund the federal government (H.R.601), which the President signed into law on...more

The RAISE Act – Legal Immigration Faces Challenges

by McNair Law Firm, P.A. on

In early August, President Trump voiced support for a bill introduced earlier this year by Senators Tom Cotton (R-AR) and David Perdue (R-GA) to effectively overhaul the current immigration system. The Reforming American...more

Department of State Releases September 2017 Visa Bulletin

by Morgan Lewis on

EB-2 Worldwide moves forward; EB-3 Worldwide remains “current.” The US Department of State has released its September 2017 Visa Bulletin setting out per-country priority date cutoffs that regulate immigrant visa availability...more

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