Tonight, House Appropriations Chairman, Rodney Frelinghuysen (R-NJ), filed a fifth short-term Continuing Resolution (CR) extending government funding and important programs, such as EB-5, from Feb. 8 until March 23. After late-night Conference meetings, House Republicans developed the framework and timing of the CR. The CR is expected to be acted upon by the House later this week. … Continue Reading
Late Friday (Jan. 19) the U.S. Senate failed to pass the House of Representatives approved Continuing Resolution (or CR). As of January 20th the federal government is in a shutdown. It appears that the Senate will attempt another CR vote to extend vital programs, such as EB-5, through Feb. 8, 2018. This vote could come… Continue Reading
Greenberg Traurig’s Jennifer Hermanksy and Kate Kalmykov, along with the AILA Conference Program Committee, recently presented at the 2017 AILA EB-5 Investors Summit in Las Vegas. Hermansky presented on “Regional Center Investments: Understanding The Deal And The Capital Stack,” while Kalmykov presented on “Navigating The Requirements And Challenges In The I-829 Removal Conditions Process.” The… Continue Reading
On Dec. 14, the Office of Management and Budget Office of Information and Regulatory Affairs (OMB) published the biennial Unified Agenda. A long-standing outgrowth of previous regulatory reform efforts, the Unified Agenda offers the public the “current thinking” of federal agencies on upcoming Agency regulatory priorities. Of importance to the immigration community, DHS USCIS posed… Continue Reading
By a vote of 235-193, the House passed H.J. Res 123, the Continuing Appropriations Act. Upon passage, H.J.Res 123 was sent immediately to the Senate, where it passed by a vote of 81-14. The Bill now goes to the president wherein he is expected to sign it into law. Today’s action extends government operations and… Continue Reading
As an update to our recent post late Friday evening, The president signed H.R. 601 – Continuing Appropriations Act, 2018 and Supplemental Appropriations for Disaster Relief Requirements Act, 2017, making this important government continuance and public safety measure, incuding important Immigration programs, law. All government functions are continued until Dec. 8 under this law, including… Continue Reading
The president and congressional leaders reached an agreement earlier this week on a package of government continuance and public safety measures. This package includes a Continuing Resolution, Debt Extension, Hurricane Harvey relief resources, and extension of the National Flood Insurance Program. The extension maintains and continues government funding and reauthorization until Dec. 8, 2017. The Senate… Continue Reading
As of May 26, 2017, USCIS is processing Form I-924 applications filed on or before Sept. 16, 2015. This reflects a greater than 20-month processing time for Form I-924. This is most likely the longest processing time in the history of the Regional Center EB-5 Program, and is certainly the longest processing time USCIS has… Continue Reading
USCIS recently announced the release of a new edition of Form I-829, with the new edition dated April 21, 2017. Starting on July 24, 2017, USCIS will only accept the April 21, 2017, edition. Until then, investors can use the May 7, 2015 edition. Both editions of Form I-829 are available to download at no… Continue Reading
Kate Kalmykov participated in a press conference that discussed common issues facing nationals of China who apply for EB-5 visas. Specifically, she discussed how the current visa backlog may affect EB-5 visa applications moving forward and the legislative outlook for 2017.
For the third year in a row, Greenberg Traurig Attorneys Kate Kalmykov and Laura Reiff were honored to receive the “Summit Ambassador Award” awarded by Invest in America during the summit in Shanghai on May 6.
On May 6, 2017, Greenberg Traurig’s EB-5 team attended the 2017 Invest in America Summit events in Shanghai to kick off the largest U.S.-themed investment conference and exhibition in China. The Summit was held in four major Chinese cities: Shanghai, Shenzhen, Beijing, and Guangzhou. Invest in America welcomed U.S. investment projects, regional centers, real estate… Continue Reading
The Omnibus bill that will continue to fund the federal government until Sept. 30, 2017, was passed in both the House of Representatives and the Senate on May 4, 2017, and was signed by the president on May 5, 2017. Of note, the bill continues a provision that will extend the EB-5 Regional Center Program as-is… Continue Reading
Congress is poised to extend the EB-5 Regional Center Program through Sept. 30, 2017, without any changes. The House Appropriations Committee submitted a proposal on Continuing Appropriations in the early morning of May 1, 2017. We expect the Omnibus Appropriation bill to proceed to House Rules Tuesday, May 2, with a vote on the House floor… Continue Reading
A Continuing Resolution (CR) has been filed as of last night, April 26, 2017, to serve as a vehicle to extend government operations through May 5, 2017, thus preventing a government shutdown. The CR may be signed as early as tonight, subject to ongoing negotiations. If signed, it will extend the EB-5 program as-is until… Continue Reading
As April 28, 2017, approaches we are seeing the release of edits to proposed draft bills from the last session of Congress. Just today, Senator Patrick Leahy (D-VT) and Senator Charles Grassley (R-IA) circulated a staff draft very similar to what was circulated in December 2016. We do expect to see other drafts being circulated from… Continue Reading
USCIS recently announced the release of a new edition of Form I-526, with the new edition dated 04/10/2017. Starting on June 9, 2017, USCIS will only accept the 04/10/2017 edition. Until then, investors can use the 12/23/2016 edition. Both editions of Form I-526 are available to download at no cost on the USCIS website. Investors… Continue Reading
The Business Immigration & Compliance Practice of Greenberg Traurig, LLP is pleased to announce that Jennifer Hermansky has been elevated to shareholder in the Philadelphia office. Hermansky focuses her immigration practice on both employment-based and family-based immigration. Specifically, she focuses her practice on EB-5 immigrant investor visas. She has prepared and filed many immigrant investor… Continue Reading
Kate Kalmykov recently presented at the 2017 Invest in America Summit in Shenzhen, China. Kalmykov’s panel discussion “EB-5 Immigrant Investor Program Under New Immigration Policies” provided an overview of the basics of EB-5 and what to expect in the coming year.
Greenberg Traurig’s EB-5 team will sponsor and participate as an organizing committee member of the 2017 Invest in America Summit and Exhibition, the largest USA-themed investment conference and exhibition in China, with attorneys Kate Kalmykov and Laura Reiff as VIP speakers. The Summit will travel to four Chinese cities in 2017. Event dates and locations… Continue Reading
On March 3, 2017, the USCIS Immigrant Investor Program Office (IPO) held an EB-5 Stakeholder Engagement in which several important updates to the program were provided. “Unofficial” Statistics for Fiscal Year 2017 From October to December 2016, USCIS saw a surge in petition filings, likely due to an upcoming sunset in the EB-5 regional center… Continue Reading
On Jan. 24, 2017, Senators Grassley (R-IA) and Feinstein (D-CA), the Chair and Ranking Committee members of the Senate Judiciary Committee introduced bill S. 232 to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications. The bill would eliminate both the direct and regional center program… Continue Reading
Greenberg Traurig’s EB-5 Team recently attended the EB-5 Investor Magazine Conference in Las Vegas, NV. The 2016 Las Vegas EB-5 Conference remains one of the largest EB-5 conferences, hosting hundreds of leaders and political figures in the EB-5 legislation field, as well as other professionals. Laura Reiff, along with U.S. House Representative Jared Polis and other panelists, discussed… Continue Reading
Greenberg Traurig attorney, Nataliya Rymer, was recently cited in the Notice of Proposed Rulemaking (NPRM) seeking to amend the current EB-5 regulations, which was published in the Federal Register pursuant to the Administrative Procedure Act. Rymer’s article U.S. Department of State Announces EB-5 Visas for China Unavailable Until October 1, 2014, which appeared in the National… Continue Reading