Yesterday, House Majority Leader Steny Hoyer (D-MD) introduced a continuing resolution (CR) to fund government from end of the current fiscal year, Sept. 30, until Nov. 21, 2019. By a vote of 301-123, the House today passed H.R. 4378, the CR that will fund the government through Nov. 21. To EB-5 advocates, this timing is significant… Continue Reading
Greenberg Traurig attorney, Laura Reiff, recently presented at the Wailian 2016 Overseas Investment Seminars in Qingdao and Guangzhou, China. Among the hundreds of attendees and distinguished presenters was former Ambassador Gary Locke. During this two-day conference, Reiff provided an analysis and predictions for potential changes to and the extension of the EB-5 program.
Earlier this week, the U.S. Citizenship and Immigration Services (USCIS) released a policy memo providing clarity on what has become a long waiting period between an EB-5 project completion and an investor receiving his or her green card. This gap is partially caused by an increase of investors from China – who take roughly 80… Continue Reading