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EB-5 Insights Where Government Policies and Business Realities Converge

Monthly Archives: April 2014

Posted in EB-5 Program, Securities Law

In connection with an EB-5 program, foreign investors are offered a special subset of private funds and securities offerings made through regional centers and non-regional centers approved by the USCIS. In certain instances, when the securities are offered or sold by an intermediary, these transactions are subject to US securities laws. There is a significant… Continue Reading

Posted in EB-5 Investment, EB-5 Program

The stated USCIS processing time for an I-924 Application is officially 13 months as of April 2014.  With the additional time to develop the necessary documents to establish the regional center and file the I-924 application with USCIS, the process may take as long as 15-18 months to become a USCIS designated regional center.  Unfortunately,… Continue Reading

Posted in Immigrant Visa

The American Immigration Lawyers Association (AILA) is reporting to members that on Monday April 21, 2014 Mr. Charlie Oppenheim of the Department of State’s Visa Office (VO) spoke to AILA members Roberta Freedman and Michael Nowlan regarding what the Visa Office is predicting for visa demand and what might be expected in terms of Visa… Continue Reading

Posted in EB-5 Investment, General

In greater frequency, broker-dealers are participating in EB-5 financings.  These broker-dealers engage foreign finders and foreign affiliates to locate suitable investors.  Engaging foreign finders and foreign affiliates can pose compliance risks which may elevate a firm’s AML risk level and create suitability concerns for the broker-dealer. In recent literature, FINRA has reminded firms that the… Continue Reading

Posted in EB-5 Program, USCIS

U.S. Citizenship and Immigration Services (USCIS) will hold an EB-5 Stakeholder Teleconference on Wednesday, April 23, 2014 from 2:30pm to 4:00pm (EST).   Stakeholders are invited to participate telephonically to discuss future regulatory changes for the EB-5 Immigrant Investor Program. USCIS is working towards making regulatory improvements to enhance the efficiency and integrity of the EB-5 program…. Continue Reading

Posted in Immigrant Investor

After the I-526 petition is filed with USCIS, the government will issue a Form I-797, Notice of Action –Receipt Notice.  This document will contain a USCIS assigned Receipt Number.  An investor may then go online to www.uscis.gov and enter their Receipt Number to monitor the progress of the adjudication. Many investors in China, and from… Continue Reading

Posted in EB-5 Program, Immigrant Investor

Greenberg Traurig EB-5 attorney Cory Richards recently published an article on EB5 Investors blog entitled “What do the Chinese Real Estate Market and EB-5 have in common?” The article is particularly relevant to Chinese investors who are determining source of funds options for their EB-5 investment. The rapid growth in the real estate market has… Continue Reading