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EB-5 Insights Where Government Policies and Business Realities Converge

Monthly Archives: May 2013

Posted in Marketing

The 2013 Chambers USA Guide includes 186 Greenberg Traurig attorneys in 33 practice areas, including the Immigration Practice and Corporate & Securities Practice that received “Band 1” placement in statewide and/or nationwide rankings. Attorney Kate Kalmykov was also recognized as “Up and Coming” in Immigration law, and Martha Schoonover and Laura Reiff received “Band 2”… Continue Reading

Posted in EB-5 Program

As immigration reform moved toward approval by the Senate Judiciary Committee on May 21, 2013, another stand-alone bill (H.R. 2131) has been introduced by Rep. Darrell Issa (R-Calif.) in the House.  Mr. Issa is the chairman of the House Oversight Committee but, more importantly to the immigration reform debate, he sits on the House Judiciary Committee.  Mr. Issa’s… Continue Reading

Posted in EB-5 Job Creation, EB-5 Program

Ali Brodie recently published an article in Law Week Colorado outlining the economic benefits of regional centers. In “Foreign Investment Boosts Commercial Development, Job Growth in the State,” Brodie outlines how the EB-5 Program works, what it means for the Colorado economy and expediting the visa application process.

Posted in Comprehensive Immigration Reform, EB-5 Program

Jennifer Hermansky has published an analysis of Senator Leahy’s Amendment 2 to the Comprehensive Immigration Reform Bill on EB-5 Visa Blog. Amendment 2 passed in the Senate yesterday despite efforts by Senator Grassley to strike the special rule for alien investors. This amendment brings significant enchantments to the EB-5 Program. To read the full article click here.

Posted in EB-5 Program, Speaking Engagement

Ali Brodie will serve as a speaker at the 2013 Urban Land Institute Hotel Development Council Spring Meeting in  Coronado, California on Thursday, May 16th. The workshop is entitled “EB-5 Financing” and will outline the qualifications, process and benefits of establishing a Regional Center under the EB-5 Program. Click here for a full agenda and… Continue Reading

Posted in Comprehensive Immigration Reform, EB-5 Project

Senator Leahy’s Amendment 2 to the Comprehensive Immigration Reform Bill, S. 744 provides that, at the I-829 stage, there is a presumption that 10 indirect jobs have been created per investor if the I-829 petition evidence demonstrates that the investor’s money has been spent in the regional center’s project.  This is significantly different than the… Continue Reading

Posted in EB-5 Investment, EB-5 Program, EB-5 Project, Regional Center

We are often asked by regional center clients if there is any way to speed up the EB-5 application process, either at the I-526 stage or the I-924 stage.  USCIS will expedite either Form I-924 or Form I-526 if the application meets the USCIS “expedite criteria.”  The expedite criteria are: Severe financial loss to a… Continue Reading

Posted in EB-5 Program, TEA

Jennifer Hermansky and James Cormie published an article on EB-5 Visa Blog outlining the state of California’s recently updated TEA (Targeted Employment Area) Policy. The California Governor’s Office of Business and Economic Development announced the new policy earlier this week, which offers much-needed flexibility to the EB-5 program and encourages investment in the California. For… Continue Reading

Posted in EB-5 Investment, Speaking Engagement

Last week, attorneys Kate Kalmykov and Jennifer Hermansky spoke at the AILA Mexico City District Chapter’s EB-5 Conference  “Show Me the Jobs” in Miami, Florida. The all-day conference included six panels, lunch and a cocktail reception, with Rob Silvers Esq., Senior Counselor to the Director of USCIS, Washington, D.C. as keynote speaker. Kate served as… Continue Reading

Posted in Marketing, Speaking Engagement

Kate Kalmykov recently spoke at the United States Chamber of Commerce “Reforming Immigration for a Better America” Immigration Summit on April 26th. The summit included remarks by President and CEO of the U.S. Chamber of Commerce Thomas J. Donohue, Senators John McCain (R-AZ) and Lindsey Graham (R-SC,) and Representatives Zoe Lofgren (D-CA) and Ted Poe… Continue Reading