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Tag Archives: EB-5 Regional Center

Posted in Eb-5 Regional Center, I-924, Regional Center, USCIS

USCIS announced on March 21, 2017 the launch of its EB-5 Regional Center Compliance Audit Program (Audit Program). The Regional Center Compliance Audit partially clarifies what USCIS has spoken about in public at stakeholder engagements, which is the eventual use by USCIS of site-visits to verify information submitted in EB-5 petitions. There appears to be… Continue Reading

Posted in Department of State, EB-5, EB-5 Program, Eb-5 Regional Center, I-526, Immigrant Visa, Visa, Visa Bulletin

On Oct. 5, 2016, the U.S. Department of State (DOS) issued an unclassified cable on the Continuing Resolution signed into law on Sept. 29, 2016 that extends several important immigration programs, including the EB-5 Regional Center program. The cable explains that the EB-5 Regional Center program (immigrant visa categories R51 and I51) now is set… Continue Reading

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

The most recent continuing resolution (CR) authorized the EB-5 Regional Center Program through Dec. 9, 2016.  The House and Senate passed the measure on Sept. 28, and the President signed the bill into law on Sept. 29 (H.R.5325; P.L. 114-223). On Oct. 3, 2016, at the request of an unknown Member or Members of Congress,… Continue Reading

Posted in China, Department of State, EB-3, Immigrant Visa, USCIS, Visa, Visa Bulletin

After the release of the October Visa Bulletin, Charlie Oppenheim, Chief of Visa Control and Reporting Division for the U.S. Department of State (DOS), provided his predictions on the future movement in the employment-based green card categories.  They are summarized below: EB-1 China and India In the October bulletin, final action dates for India and… Continue Reading

Posted in EB-5 Job Creation, Eb-5 Regional Center

As the Sept. 30, 2016, sunset date approaches for the EB-5 Regional Center program, the EB-5 industry has come together with a unified voice calling for the program to be extended with appropriate reforms.  On Sept. 7, 2016, a letter was circulated to the Members of the Judiciary Committees of the U.S. Senate and House… Continue Reading

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 EB-5 Program, Eb-5 Regional Center

美国时间2015年12月15日,即12月16日EB-5临时法案过期的前一天,国会参众两院领导建议EB-5项目法案获延期到2016年9月30日。延期的细节内容将会涵盖在预计星期五通过的多项法案议案中。这个“无条件延期”意味着EB-5项目法案将无改变,包括最低投资数额,对目标就业区的定义等等。移民局也会继续接收并处理所有I-924,I-526和I-829的申请递交,直到新的改革议案获得通过,或到2016年9月30日项目法案过期日为止。 拥有EB-5业界重量级成员支持的EB-5投资联盟(The EB-5 Investment Coalition)一直在为倡导EB-5项目孜孜不倦地努力着,并致力推荐更有利于EB-5业界的改革措施。在过去的几年中,议员们向参众两院提出过五项改革EB-5项目的法案,对于如何改革和改进EB-5项目各方面都有不同呼声。当EB-5项目在2015年9月30日面临过期时,政府财政拨款的 “临时决议”使得EB-5得到延期至2015年12月11日。在2015年11月,参众两院委员会讨论拓展国会在2015年6月出台的S.1501法案的稿件在EB-5业界广泛传送。EB-5业界成员,包括EB-5投资联盟成员,对讨论中的稿件进行了反馈和评论,意在倡导整体性和加强执行措施的同时使EB-5项目法案能够继续运行。在EB-5投资联盟和其成员——包括地产圆桌论坛(Real Estate Roundtable)和美国商会(Chamber of Commerce) 的不懈努力下,虽然有广泛的谈判并对重要改动达成了一致意见,但仍需要进行许多改变使法案继续运转。非常清楚的一点是,在讨论中的稿件需要更进一步的磋商、意见建议和更深入的学习,EB-5投资联盟及其成员意识到法案在各方面都需要进一步工作,所以向参众两院发出了信函,要求对EB-5项目法案完整延期一年。 在12月16日截止日期临近时,参众两院领导人倾听到EB-5业界的呼声,也意识到法案需要更进一步工作,由此,EB-5项目法案和其它面临过期的移民项目法案(R-1宗教工作人士签证,J-1类医疗工作者康拉德30计划,和E-Verify项目法案)将会在多项议题决议案中获得延期至2016年9月30日。 EB-5投资联盟成员Laura Foote Reiff女士和Jeff Campion先生认可国会领导者孜孜不倦的工作成果:我们感谢在国会的捍卫者们;参议院和众议院的领导者、参议院和众议院法律委员会的主席和主要成员们。我们特别向确保我们的声音被倾听的参议员Cornyn, Flake, 和Schumer,以及众议员Pete Sessions致以谢意”。 接下来的10个月中对EB-5业界的成员至关重要,我们需要和国会紧密工作,以确保有意义的改革获得实施,从而保障所有利益相关者。EB-5投资联盟也将会继续和其成员一起努力确保所有权益得到体现。

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

On Dec. 15, 2015, one day prior to the expiration of the EB-5 program on Dec. 16, House and Senate leadership have recommended that the EB-5 program be extended until Sept. 30, 2016. The language for extension will be included as part of the larger omnibus appropriations bill that is anticipated to be passed on… Continue Reading

Posted in Eb-5 Regional Center

参议员Rand Paul在10月1日国会议题中提出了“投资我们的社区法案”(Invest in Our Communities Act, S.2122)。这项议案中包括了“使EB-5区域中心项目永久化”这样广泛受到欢迎的改革方针。我们列出主要几点内容: 随行家庭成员(配偶和子女)将不再计入EB-5签证数额中 移除EB-5国家配额制度 为EB-5类别签证增加数量,由此签证总数分配数额将增加 要求移民局在递交申请后的180天之内作出裁定。所有证据补充要求必须在收到申请的30天内发出,裁决必须在收到补充的证据30天内作出 提供一系列的完善方案,其中包括: 区域中心经营者必须有5年之内清晰明确的运营记录 区域中心负责人必须为美国公民或合法永久居民 区域中心不能由外国政府持有或调控 不遵守美国证券法相关规定可令区域中心被吊销或终止运行 在此法案实行两年之内,需向参议院和众议院的司法委员会上交报告,详细列出以完成和待完成的计划;该计划是否已经获得联邦财政支持;是否出现市场需求超过签证数量分配。 保护“儿童”的申请状态,例如如果一份申请终止,如果其家长在一年之内发出另一份申请,且如果该“儿童”还没有结婚,那么此申请人仍旧被视为“儿童” 在国土安全局以自由裁量权吊销或终止某一位申请人的申请时,须为其在行政法官面前提供听证,并备好该申请人的所有材料及事实。国土安全局需要以具有分量的优势证据(preponderance of the evidence)来证明吊销或终止该申请是有效的。 此提案将使现行的项目中许多部分作出变更,并将对项目提供更加完善的方案。目前在114届国会中已提出的四项完整议案。我们未列出参议员Flake提出的议案,因为该议案主要集中于目标就业区改革问题。

Posted in Eb-5 Regional Center

Senator Rand Paul introduced the Invest in Our Communities Act, S. 2122, on October 1, 2015.  The bill has many provisions seeking to provide some much sought-after reform including making the EB-5 regional center program permanent.  Specifically, the legislation contains the following key points: Provides that derivative family members are eliminated from EB-5 visa number… Continue Reading

Posted in Eb-5 Regional Center, Legislation

On October 1, 2015, Senator Jeff Flake of Arizona introduced S. 2115 the “Targeted Employment Areas Improvement Act.”  The legislation proposes to amend Section 203(b)(5)(B) of the Immigration and Nationality Act as follows: Reserves 5,000 visas under the annual cap for investments made in targeted employment areas Provides that an area designated as a targeted… Continue Reading

Posted in EB-5 Program, Legislation

Today the U.S. Congress passed a government funding bill containing a short-term extension of the EB-5 Regional Center Program through December 11, 2015.  We wrote previously about the EB-5 Regional Center Program’s prospects for reauthorization in a post on September 14.  The bill, known as a continuing resolution, contains an extension for the EB-5 Program along with extensions… Continue Reading

Posted in EB-5 Program, Legislation

Today, leaders in the United States Senate unveiled legislation to fund the Federal Government through December 11, 2015 that contains an extension for the EB-5 Regional Center Program.  The bill, known as a continuing resolution, contains an extension for the EB-5 Program along with extensions for E-Verify, the Conrad-30 Waiver Program, and the Non-Minister Religious… Continue Reading

Posted in EB-5 Program, Legislation

Democratic and Republican Negotiators in the House and Senate are working through the EB-5 Regional Center Program’s reauthorization and have not reached consensus as of this writing. The House and the Senate must agree on language and pass that identical language in both Chambers prior to September 30, 2015 in order to effectuate the desired… Continue Reading

Posted in EB-5 Program, Visa Bulletin

The October 2015 Visa Bulletin includes some important changes and information.  Firstly, visa numbers in connection with approved EB-5 Regional Center Pilot Programs I-526 petitions are marked as unavailable across all countries.  The Visa Bulletin notes that this unavailability is due to the fact that the EB-5 Pilot Programs have not yet been renewed by… Continue Reading

Posted in EB-5 Program, Regional Center

With the looming September 30, 2015 expiration date fast approaching, leading EB-5 stakeholders including The Real Estate Roundtable, the U.S. Chamber of Commerce, and the EB-5 Investment Coalition drafted a letter outlining the key principles for EB-5 reform and reauthorization of the EB-5 regional center investment program to Congressional Leaders.  To view the letter, please… Continue Reading

Posted in EB-5 Program, Regional Center

On Sept. 28, 2012, just two days shy of its expiration, the EB-5 Regional Center Program was extended for three years when President Obama signed S.3245 into law.  The bill was sponsored by Senator Patrick Leahy, and cosponsored by Senators Grassley, Kohl, Hatch, Rubio, Schumer, Lee, Conrad, and Collins.  It had no short title, listed… Continue Reading

Posted in Regional Center

As many of you are aware, the EB-5 Immigrant Investor Regional Center pilot program is scheduled to expire in September. In early February 2015, Reps. Jared Polis (D-CO) and Mark Amodei (R-NV) introduced the American Entrepreneurship and Investment Act of 2015.  The bill would update and permanently authorize the EB-5 Immigrant Investor visa program. In… Continue Reading

Posted in EB-5 Program, Regional Center

As many of you are aware, the EB-5 Immigrant Investor Regional Center pilot program is scheduled to expire in September.  In recent years, there has been a surge in the use of EB-5 funds as an expanding layer in the capital stack to help finance real estate, infrastructure, and other development projects/businesses. In early February… 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, Speaking Engagement

Greenberg Traurig had the most representatives of any law firm at the EB5Investors.com 2013 Southern California conference. The EB-5 conference took place Monday, July 15, at the Balboa Bay Club & Resort in Newport Beach, California. The conference is the premier EB-5 stakeholder and dealmaker conference each year. In addition to the organizers, our own… Continue Reading

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

Kate Kalmykov recently published an article on EB5Investors.com entitled “Actual, Hypothetical and Exemplar – Understanding the Difference.” The post outlines how to effectively seek Regional Center Designation and avoid delays by understanding the difference between “hypothetical,” “exemplar,” and “actual” projects that may be submitted to the USCIS with the I-924 application. To read the full article click… Continue Reading

Posted in EB-5 Project, Regional Center, Speaking Engagement, Uncategorized

  2013 National EB-5 Finance Seminar Tour New York City Wednesday, April 10, 2013 8:30 AM to 9:00 AM – Registration 9:00 AM to 4:30 PM – Program Advanced & Practical In-Depth EB-5 Finance Workshop Artisan Business Group will partner with the international law firm Greenberg Traurig LLP for the 9-city 2013 National EB-5 Finance Seminar… Continue Reading