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EB-5 Insights Where Government Policies and Business Realities Converge

Monthly Archives: June 2012

Posted in EB-5 Program, TEA

The newly formed California Governor’s Office of Business and Economic Development (GO-Biz) held a conference call today to provide EB-5 stakeholders with an update related to the issuance of Targeted Employment Area (TEA) designations in the state of California.  Specifically, the call was meant to formally announce that California would now provide customized TEA certifications for… Continue Reading

Posted in EB-5 Program, Non-Regional Center, Regional Center, Uncategorized

Every fiscal year (October 1st – September 30th), approximately 140,000 employment based immigrant visas are made available to qualified applicants.  These employment based visas once approved serve as the basis for an individual’s green card application once approved.  Spouses and minor children under 21 years of age may accompany or follow-to-join employment based immigrants. Employment… Continue Reading

Posted in EB-5 Program, Regional Center

For many interested EB-5 Regional Center participants and those already vested in Regional Center programs, all eyes are turned to Congress to see if the September 30, 2012 expiration date of the pilot program will be met with a resolution. On May 24, 2012, Senator Patrick Leahy (D-VT) introduced S. 3245 a bill to permanently… Continue Reading