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Category Archives: EB-5 Program

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Posted in EB-5 Program, Immigrant Visa, Immigration, Targeted Employment Area

There are currently many different investment immigration programs offered by countries around the world, all of which offer their own unique benefits. Two popular programs are the EB-5 Visa Program in the United States and the Quebec Investment Immigration Program (QIIP) offered in Canada. The following comparison provides an in-depth look at the parameters of… Continue Reading

Posted in EB-5 Program, I-526, I-829, I-924, Regional Center, USCIS

At its July 28, 2016 stakeholder engagement, USCIS Immigrant Investor Program Office (IPO) Chief Nicholas Colucci focused his opening remarks on USCIS’s efforts to enhance the IPO’s adjudication capabilities, the office’s commitment to conducting program oversight and promoting program integrity, and the role of the designated regional center in maintaining program integrity. Before delving into a… Continue Reading

Posted in Department of Homeland Security, EB-5 Investment, EB-5 Program, Immigration, USCIS

Due to the complex intersection of real estate, corporate, securities and immigration law (among others), an investment in a company under the EB-5 Program can be a complicated affair. One of the reasons an EB-5 investment is complicated has to do with U.S. governmental regulatory bodies with potential oversight over an EB-5 investment. The following… Continue Reading

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

In the United States, there are very strict laws in place to protect investors.  These laws are administered by a governmental agency known as the U.S. Securities and Exchange Commission (SEC).  The mission of this agency is to regulate the U.S. markets, protect investors from fraud, ensure fair, systematic, and efficient markets, and facilitate capital… Continue Reading

Posted in EB-5 Program, Events, Firm News

Greenberg Traurig attorney, Laura Reiff, recently presented at the Wailian 2016 Overseas Investment Seminars in  Qingdao and Guangzhou, China. Among the hundreds of attendees and distinguished presenters was former Ambassador Gary Locke. During this two-day conference, Reiff provided an analysis and predictions for potential changes to and the extension of the EB-5 program.

Posted in EB-5 Investment, EB-5 Program, Eb-5 Regional Center, Immigrant Investor

Yesterday, the leading EB-5 Trade Associations/Coalitions sent a letter to the Senate and House Judiciary Committee Leaders and Members expressing support for extending the EB-5 Regional Center Program and recommending concrete changes.  This is a decisive moment for the EB-5 Industry as the key members of the community are all speaking with one voice This… Continue Reading

Posted in Department of Homeland Security, EB-5 Program, Immigration, USCIS

Per the Immigration and Nationality Act (INA) § 286(m), 8 U.S.C. 1356(m), the Department of Homeland Security (DHS) has the authority to charge fees for immigration adjudication and naturalization services at a level to “ensure recover of the full costs of providing all such services, including the costs of similar services provided without charge to… Continue Reading

Posted in EB-5 Program, Immigrant Visa, Immigration, USCIS, Visa, Visa Bulletin

This week, the Department of State (DOS) has released the July 2016 Visa Bulletin. We are three months from the end of the fiscal year and the dwindling visa numbers remaining are likely to bring about tepid advancement in many employment-based categories before October. This Bulletin brings several particular items of note relating to the… Continue Reading

Posted in EB-5 Investment, EB-5 Program

Since its inception as part of the Immigration Act of 1990, the EB-5 program has had a $1,000,000 threshold capital investment requirement, with that minimum decreased to $500,000 for projects in targeted employment areas. Last year, legislation was introduced and circulated on Capitol Hill that would raise this investment amount in varying proposals and conditions…. Continue Reading

Posted in EB-5 Investment, EB-5 Program

Beginning on Monday, Feb. 22, 2016, EB-5 investors with approved I-526 petitions will be able to contact the National Visa Center’s (NVC) newly created EB-5 Investor Assistance Desk. Customers with visa processing questions can send their inquiries to the following email address: NVCeb5@state.gov. Inquiries will be answered by a team of professionals at the NVC… Continue Reading

Posted in EB-5 Program, Visa Bulletin

The March 2016 Visa Bulletin is now available online.  The significant news arises in the EB-3 category with respect to dates for filing visa applications: EB-3 Worldwide is now current. EB-3 China has advanced from Oct. 1, 2013, to May 1, 2015, making the native Chinese EB-3 and EB-5 filing dates identical. Compared to February,… Continue Reading

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

On Feb. 2, 2016, the Senate Judiciary Committee held its first hearing of the year regarding the EB-5 Program. The Committee took testimony from Chief of the U.S. Citizenship and Immigration Services Immigrant Investor Program Office, Nicholas Colucci, and the Associate Director, Division of Enforcement of the Securities and Exchange Commission, Stephen L. Cohen. Mr…. Continue Reading

Posted in EB-5 Investment, EB-5 Program, Immigrant Investor, USCIS

The USCIS Immigrant Investor Program Office (IPO) held its first stakeholder engagement of 2016 on Feb. 3. Primarily speaking for USCIS were Nicholas Colucci, Chief of the IPO, Julia Harrison, Deputy Chief of the IPO, and Laurie McKenzie, the new Division Chief of Policy and Performance. Processing Times and Backlog Reduction Issues As has been… Continue Reading

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

The first hearing of the second session of the 114th Congress on the topic of EB-5 was held in the Senate Judiciary Committee on Feb. 2, 2016. Witnesses included Nicholas Colucci, Chief, Office of Immigrant Investor Program, U.S. Citizenship and Immigration Services, and Stephen L. Cohen, Associate Director, Division of Enforcement, U.S. Securities and Exchange… Continue Reading

Posted in EB-5 Program, Immigrant Visa, Immunity

Applicants to the EB-5 Immigrant Investor program come from all walks of life, ranging from entrepreneurs to surgeons and diplomats. After successfully completing the initial source of funds phase of the EB-5 process and armed with an I-526 Petition approval notice in hand, the next step for any approved EB-5 investor is to process their… Continue Reading

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

The EB-5 Immigrant Investor Program is an excellent vehicle for investors with the requisite capital (either $500,000 or $1 million depending on where the destination project is located) to lawfully immigrate to the United States by supporting the U.S. economy through investment and job creation. While all EB-5 applicants must satisfy the same set of… Continue Reading

Posted in EB-5 Program

Earlier this month, the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) each published their 2016 exam priorities letters. Each agency publishes an exam priority letter annually in which they identify topics of examination focus for the coming year, recurring challenges faced by firms, and perceived areas of heightened risk to… Continue Reading

Posted in EB-5 Program, USCIS

Last week, USCIS announced the first EB-5 Immigrant Investor Program teleconference of 2016, scheduled to take place on Wednesday, Feb. 3, from 1 to 2:30 p.m. (ET). USCIS promises EB-5 program updates to be followed by a question-and-answer session. This is the first stakeholder call since the EB-5 Regional Center Program was schedule to sunset… Continue Reading

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

Created by Congress in 1990, the EB-5 Immigrant Investor Program was designed to stimulate the U.S. economy through job creation and capital investment by foreign investors. Since its inception, the Program has impacted thousands of foreign nationals and, in its current form, is extended through Sept. 30, 2016. Though we have previously addressed the many… Continue Reading

Posted in EB-5 Program, Immigrant Green Card, State Department

The Department of State (DOS) recently published its annual report of immigrant visa applicants (2015 Annual Immigrant Visa Report), which tallies up the number of total applicants—including spouses and children—who are waiting for their respective priority date to become current, allowing for them to obtain their green card. The annual report, which totals the number… Continue Reading

Posted in EB-5 Program

Laura Reiff and Matthew Virkstis recently authored an article on EB5investors.com’s blog entitled “The Path to Reauthorization of the EB-5 Regional Center Program in 2015.”  The article addresses immigration policy and politics in the 113th and 114th Congresses and the 2015 Reauthorization of the EB-5 Regional Center Program To read the full article, please click here.

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

On December 17, 2015, two days after Senate and House leadership recommended a “clean” extension of the EB-5 program until September 30, 2016, Senator Flake (R-AZ), with Senator Cornyn (R-TX) and Senator Schumer (D-NY), introduced S.2415, the “EB-5 Integrity Act of 2015.”  This is the first new piece of EB-5 reform legislation introduced since the… Continue Reading

Posted in EB-5 Program, Legislation

Ngày 15 tháng 12, 2015, một ngày trước khi chương trình EB-5 hết hạn theo dự định (ngày 16 tháng 12), cấp cao trong Thượng Nghị Viện (“TNV”) và Hạ Nghị Viện (“HNV”) nghị định gia hạn chương trình EB-5 đến 30 tháng 9 năm 2016. Luật định chi tiết về phần mở rộng cho… Continue Reading