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EB-5 Insights Where Government Policies and Business Realities Converge

Category Archives: Non-Regional Center

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Posted in EB-5 Job Creation, Immigrant Investor, Non-Regional Center, Regional Center

Congress’s stated purpose in allowing EB-5 investment in USCIS-approved regional centers was to promote “economic growth,…improved regional productivity, job creation, and increased domestic capital investment.”[1] Regional centers have admirably risen to this objective, providing rich sources of capital investment for a variety of projects across the nation. Particularly in the current economic climate where capital… Continue Reading

Posted in Immigrant Investor, Non-Regional Center, Regional Center

  The American Immigration Lawyers Association released helpful tips for EB-5 petitions for Korean nationals: Foreign Currency Wire Issue: There is a specific foreign currency provision under South Korean law allowing EB-5 investors to wire funds for investment based on documentary evidence that the person will be able to immigrate under the EB-5 investor category…. Continue Reading

Posted in Marketing, Non-Regional Center, Regional Center, Speaking Engagement

Having trouble viewing this email? Click here. 2013 National EB-5 Finance Seminar Tour with Greenberg Traurig (Dallas, TX)Hosted by Artisan Business Group, Inc. ADVANCED & PRACTICAL IN-DEPTH EB-5 Finance Workshop International law firm Greenberg Traurig LLP will partner with Artisan Business Group, Inc. for the 2013 National EB-5 Finance Seminar Tour. The 8-city tour ,… Continue Reading

Posted in EB-5 Program, Immigrant Investor, Non-Regional Center, Regional Center

  Currency Restrictions: Chinese currency laws generally restrict its citizens’ exchanges for U.S. dollars to $50,000 per person per year. This makes it nearly impossible for investors residing in China to legally transfer sufficient funds to make EB-5 investments on their own. Thus Chinese investors commonly take a “friends and family” approach to making the… Continue Reading

Posted in Non-Regional Center, Regional Center, Securities Law

Many regional centers form limited partnerships or other pooled investment vehicles known as new commercial enterprises in EB-5 terminology to raise capital for project companies seeking to use the regional center’s designation granted by the USCIS.  These regional centers may be motivated by keeping the identity of their migration agents confidential or simply by the… Continue Reading

Posted in EB-5 Business Plan, EB-5 Program, EB-5 Project, Non-Regional Center, Regional Center

In 1998, the Administrative Appeals Office (“AAO”) issued a precedent decision known as Matter of Ho that set forth the requirements of an EB-5 compliant business plan.  According to Matter of Ho, as part of an I-526 petition an EB-5 investor must submit a comprehensive business plan demonstrating the following elements: A description of the  EB-5… Continue Reading

Posted in EB-5 Program, Inspector General, Non-Regional Center, Regional Center

In the following message publicized today by the USCIS, Director Alejandro Mayorkas announced the creation of a new EB-5 Program office, as well as the implementation of a special review board this month to oversee pending cases that have been recommended for a denial. I am pleased to announce that U.S. Citizenship and Immigration Services… Continue Reading

Posted in EB-5 Program, Non-Regional Center, Regional Center, Uncategorized

On July 11, 2012, Charlie Oppenheim, Chief of Visa Control at the U.S. Department of State issued data for EB-5 visa usage in fiscal year 2012. The data shows that the top five countries using the EB-5 visa are: China – 3,710 EB-5 visas South Korea -335 EB-5 visas Taiwan – 106 EB-5 visas Venezuela… Continue Reading

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

Federal immigration laws require employers to verify the identity and work eligibility of their new hires by completing what is known as a Form I-9, Employment Eligibility Verification, for every employee. Forms I-9 must be completed for every new hire within his/her three days of employment. During the I-9 process, employees must present to the individual completing… Continue Reading

Posted in EB-5 Program, Non-Regional Center, Regional Center, Uncategorized

Every fiscal year (October 1st – September 30th), approximately 140,000 employment based immigrant visas are made available to qualified applicants.  These employment based visas once approved serve as the basis for an individual’s green card application once approved.  Spouses and minor children under 21 years of age may accompany or follow-to-join employment based immigrants. Employment… Continue Reading

Posted in Non-Regional Center

Issues such as documenting the lawful source of funds and tracing from the investor to the new commercial enterprise are common in individual and regional center EB-5 petitions. However, when it comes to individual EB-5s there are many unique and complex issues that the attorney must deal with. These include determining if the investment entity… Continue Reading