January 2013

During his speech on January 29 in Las Vegas, President Obama announced his principles for Comprehensive Immigration Reform. As part of the president’s plan to overhaul the current broken immigration system, he noted the need to make permanent the EB-5 Regional Center Program that is currently set to expire on September 30, 2015. The program was introduced in 1992 and implemented in 1993. Since that time, it has continually been reauthorized by Congress on a temporary basis.
Continue Reading President Obama Addresses the EB-5 Regional Center Program

In their recent Immigration Compliance blog post, our colleagues Laura Reiff and Nataliya Binshteyn discuss President Obama’s plan for comprehensive immigration reform, which he will unveil during a visit to Nevada on Tuesday, January 29. Calling reform “a top priority” of his second term, the president will call for legislation that creates a path to citizenship for the millions of undocumented immigrants currently living in the United States.
Continue Reading President Obama to Outline Plan for Comprehensive Immigration Reform on Tuesday

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
Continue Reading 2.5 Year Rule Stifles Economic Benefits of the EB-5 Program