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Category Archives: EB-5 Program

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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 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

Posted in EB-5 Program, General

Greenberg Traurig EB-5 Attorney Kate Kalmykov was recently quoted in a CNNMoney article entitled “Rich Chinese overwhelm U.S. visa program,” which outlines the surge of interest among the Chinese in the U.S. EB-5 Immigrant Investor Program. According to the article, Chinese nationals account for more than 80% of EB-5 visas issued by the United States…. Continue Reading

Posted in EB-5 Program

Greenberg Traurig EB-5 attorney Kate Kalmykov has been traveling throughout Asia over the past several weeks meeting with agents, local media (access to recent interview here) and GT EB-5 clients. Kate’s meetings in Shenzhen, Guangzhou, Hangzhou, Fuzhou, Hong Kong, Hanoi, Ho Chi Minh City and Siem Reap Cambodia have revealed, among many other things,  two… Continue Reading

Posted in EB-5 Program

The State Department issued EB-5 visa availability projections in their March 2014 Visa Bulletin which did not contain any mentions of retrogression of the EB-5 visa category. The EB-5 visa category is listed as “Current” under section E “Visa Availability in the Coming Months” without any mention of a possible cut-off date being established. This… Continue Reading

Posted in EB-5 Investment, EB-5 Program, TEA

On March 6, 2014, Representative Jared Polis (D-CO), along with Representative Joe Garcia (D-FL), Representative Matt Salmon (R-AZ) and Representative Mark Amodei (R-NV), introduced The American Entrepreneurship and Investment Act of 2014. A copy of the bill and an official Section by Section overview have been made available. The legislation would, among the other items… Continue Reading

Posted in EB-5 Program

As part of a continuing look at the EB-5 Regional Center Program, the Ranking Minority Member of the Senate Homeland Security and Governmental Affairs Committee has recently sent out letters to Regional Centers that have been designated by the Department of Homeland Security seeking information about the Center and the projects. Specifically, the letters request:… Continue Reading

Posted in EB-5 Program

On February 12, 2014, the Canadian Government terminated its current Investor and Entrepreneur programs calling them inefficient and backlog-ridden. See article here. Canada will be implementing two new pilot programs that focus on experienced business professionals and entrepreneurs. Details of these new pilot programs have yet to be released. Investors who were thinking about the… Continue Reading

Posted in EB-5 Program

Processing Times Improvement. This year we saw the establishment of the EB-5 program office in Washington, DC. I-924 transfers to the new program office have resulted in decreased processing times for initial regional center application as well as amendments. However, I-526 petitions and I-829 petitions are at an all-time slowdown and are now taking 18… Continue Reading

Posted in EB-5 Program

Greenberg Traurig EB-5 Attorney Kate Kalmykov has co-authored a chapter in the 2014 American Immigration Lawyers (AILA) Midyear/Winter CLE Conference Strategies in Advising and Processing Entrepreneur & Investor Visas Handbook. The chapter entitled “Current Issues in Stand-Alone and Regional Center-Based EB-5 Petitions” was co-authored with Nicolai Hinrichsen and Bernard Wolfsdorf, and examines both stand-alone and… Continue Reading

Posted in EB-5 Program, Speaking Engagement

GT Immigration attorney Kate Kalmykov will serve as a co-panelist at the 2014 AILA Midyear/Winter CLE Conference: Strategies in Advising and Processing Entrepreneur & Investor Visas on January 24, 2014. The “EB-5 Essentials Panel” includes Bernard Wolfsdorf, AILA Past President, and Nicolai Hinrichsen, Partner in the Immigration Department of Miller Mayer, and will examine both stand-alone and… Continue Reading

Posted in EB-5 Program

The appointment of Nicholas Colucci as Director of the EB-5 Program appears to signal a shift in focus. Mr. Colucci has an extensive background in financial crimes and investigations, which may alter the way U.S. Citizenship and Immigration Services (USCIS) currently administers the EB-5 Program. Mr. Colucci’s financial investigations experience will service him well when… Continue Reading

Posted in EB-5 Program, Inspector General

As previously discussed this Fall, Inspector General Investigations and whistle-blower driven reviews by Congressional Oversight Committees are very commonplace in Washington, D.C.  The nomination of Alejandro Mayorkas, the current Director of the USCIS at DHS and the presidential nominee to assume the Deputy Secretary position at DHS, now seems to be more complicated than a… Continue Reading

Posted in EB-5 Program

Greenberg Traurig Immigration attorney, Ali Brodie, recently returned from China where she gave EB-5 presentations and met with EB-5 investors in both Beijing and Shanghai.  She accompanied regional center clients and immigration business consultants to assist in providing legal advice on the I-526 application process to potential investors as part of the services Greenberg Traurig… Continue Reading

Posted in EB-5 Program, Immigrant Investor, Marketing, Speaking Engagement

GT Immigration attorney Kate Kalmykov will serve as a co-panelist at an EB-5 Immigrant Investor Panel and Luncheon entitled “Putting Together the Pieces of EB-5” on December 18th from 12:00 – 2:00 p.m. at the Greenberg Traurig New York Office. Co-panelists include Andy Feinberg of Ackman-Ziff and Genevieve Roman of Extell New York Regional Center, with… Continue Reading

Posted in EB-5 Program, Securities Law

There seems to be a lot of confusion in the marketplace about who needs to be an accredited investor within the framework of the U.S. securities laws. Within the United States, EB-5 offerings rely on an exemption from registration with the Securities and Exchange Commission that limits the investor pool primarily to “accredited investors,” as… Continue Reading

Posted in EB-5 Program

Greenberg Traurig, LLP will host the ninth event of the 2013 National EB-5 Finance Seminar Tour in Miami on Tuesday, November 12th. The seminar will expose participants to a unique alternative financing opportunity for projects that lend themselves to the EB-5 immigrant investor program. The seminar includes a panel of attorneys in Greenberg Traurig’s Business… Continue Reading

Posted in EB-5 Program, Immigrant Investor

Navigating the geographically specific difficulties of the EB-5 process can be particularly tricky for Investors in the Middle East. Domestic policies such as currency remittance limits and free trade zones, as well as United States trade restrictions, are some of the most common difficulties that Middle Eastern investors may face. Below is a discussion covering… Continue Reading

Posted in EB-5 Program, General

EB5Investors Magazine has profiled four attorneys from Greenberg Traurig, LLP in its list of the “Top 25 Immigration Attorneys in the EB-5 Industry.” Kate Kalmykov, Steve Anapoell, Genna Garver and Jennifer Hermansky were selected by industry stakeholders, investors and attendees of the 2013 Southern California EB-5 Conference, according to the publication’s website. The same edition… Continue Reading

Posted in EB-5 Program, Immigrant Investor

GT Immigration attorney Kate Kalmykov is currently in Dubai attending Cityscape Global, the largest international real estate development and investment event in The Middle East. The three-day event includes nearly 25,000 real estate investors and attendees, as well as 225 exhibitors representing companies from around the world. Kate is representing Greenberg Traurig’s EB-5 team as… Continue Reading

Posted in EB-5 Program, General

For the first time in 17 years the United States government has entered into a partial shutdown. All but “essential” government employees will be furloughed, and many government agencies will cease operation—including immigration agencies. Consequently, a number of aspects of the EB-5 process will be significantly delayed, or suspended altogether. Below is an outline of… Continue Reading

Posted in EB-5 Program, Immigrant Investor

In response to a Greenberg Traurig inquiry regarding the appropriateness of language concerning citizenship status in pre-employment scenarios, the Office of Special Counsel for Immigration-Related Unfair Employment Practices (“OSC”) has issued a technical assistance letter clarifying the manner and extent to which employers may ask about prospective candidates’ potential need for employment sponsorship. Specifically, the… Continue Reading

Posted in EB-5 Program, Immigrant Investor, Regional Center, Speaking Engagement

Greenberg Traurig, LLP will host the eighth event of the 2013 National EB-5 Finance Seminar Tour in Chicago on Tuesday, October 8th. The seminar will expose participants to a unique alternative financing opportunity for projects that lend themselves to the EB-5 immigrant investor program. The seminar includes a panel of attorneys in Greenberg Traurig’s Business… Continue Reading

Posted in EB-5 Program, Immigrant Investor, USCIS

Cory Richards recently authored an article on EB5investors.com’s blog entitled “USCIS’ May 30, 2013 Policy Memorandum Effect on Pending Federal Cases”. The article analyzes the recent Policy Memorandum issued by U.S. Citizen and Immigration Services (USCIS), specifically the “material change” issue and its impact on EB-5 immigrant investors as well as pending cases in federal… Continue Reading