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Category Archives: Government Accountability Office (GAO)

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Posted in EB-5, Government Accountability Office (GAO), I-526

The Government Accountability Office (GAO) recently reviewed a sampling of unadjudicated I-526 petitions from the fourth quarter of fiscal year 2015 to obtain information on: 1) the ratio between investors who invested in Targeted Employment Areas (TEA) or non-TEA designated projects; 2) the geographic locations in which the projects were located; and 3) the capital stack… Continue Reading

Posted in Eb-5 Regional Center, Government Accountability Office (GAO), USCIS

On Feb. 10, 2016, Representatives Jared Polis (D-CO) and Mark Amodei (R-NV)  introduced H.R. 4530, the EB-5 Integrity Act of 2016. This bill is a companion bill to the EB-5 Integrity Act of 2015, S.2415, which we covered in December following its introduction by Sen. Flake (R-AZ), Sen. Cornyn (R-TX), and Sen. Schumer (D-NY). At… Continue Reading

Posted in EB-5 Program, Government Accountability Office (GAO), USCIS

In its report published on Aug. 12, 2015, the Government Accountability Office (GAO) identified three areas for improvement and provided recommendations to U.S. Citizenship and Immigration Services (USCIS) in relation to its administration of the EB-5 Immigrant Investor Program. We summarized the GAO’s report here. This article will examine the way in which three pending… Continue Reading

Posted in EB-5 Program, Government Accountability Office (GAO), USCIS

The Government Accountability Office (GAO) recently reviewed the risks and economic benefits of the EB-5 program. The report addresses several challenges related to the EB-5 program that have been highlighted in recent years, and which are addressed in legislation currently pending in Congress. The congressional requesters asked the GAO to examine the following: The extent to which… Continue Reading