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EB-5 Insights Where Government Policies and Business Realities Converge

Tag Archives: EB-5 Immigrant Investor Program

By Greenberg Traurig on Posted in EB-5, EB-5 Program, Immigration, Immigration Law

The National Law Journal selected the 2018 Trailblazers in Immigration. This year, Greenberg Traurig Immigration & Compliance attorneys Laura Reiff and Kate Kalmykov were recognized on the list for their notable achievements in the practice of law. Kalmykov leads the immigration practice group in the firm’s New York, New Jersey, and Philadelphia offices.  She has… Continue Reading

By Robert Y. Maples on Posted in Department of Homeland Security, EB-5 Immigrant Investor Program, USCIS

On Jan. 17, The Center for Regulatory Effectiveness (The CRE), a Washington D.C. administrative watchdog group, filed a petition with the Department of Homeland Security to reform the EB-5 program to create jobs in rural America and areas of high unemployment.  In making the announcement, The CRE posted:

By Laura Foote Reiff, , and on Posted in Department of Homeland Security, EB-5, EB-5 Program, USCIS

On Jan. 9, the Office of Management and Budget (OMB) published a notice that, as of Jan. 6, it had completed its review a proposed rulemaking that the Department of Homeland Security (DHS) United States Citizenship and Immigration Services (USCIS) had drafted to make changes to the current regulations as they relate to the EB-5… Continue Reading

By Laura Foote Reiff on Posted in EB-5, EB-5 Legislation, Legislation

Today, September 28, both the House and Senate have approved short-term federal spending legislation that contains an extension for the EB-5 Regional Center Program.  The legislation extends the EB-5 Regional Center Program through December 9, 2016, with no changes to program policy. In December, following the federal elections, the Congress is expected to reconvene for… Continue Reading

By Kate Kalmykov and on Posted in EB-5 Business Plan, EB-5 Investment

The EB-5 Program is a complicated decision that requires much thought, diligence, and preparation. In light of this, it is important for an investor to know their rights. With recent headlines highlighting the problems with some EB-5 projects, it is important for a potential investor to know that the EB-5 program does work and is a… Continue Reading

By Laura Foote Reiff on 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

By Kate Kalmykov on Posted in EB-5 Investment, Immigrant Visa, Immigration, Visa

Under the U.S. immigration laws, there are four common visa options for foreign investors and entrepreneurs. These include: Temporary Work Visas L-1A Intracompany Transferee E-2 Treaty Investor  Immigrant Visas (“Green Cards”) EB-1C Multinational Manager or Executive EB-5 Investor/Entrepreneur The EB-1C and EB-5 visas offer long-term solutions for those Investors and their families who wish to… Continue Reading

By Sylvia Sobczyk on Posted in EB-5 Investment, EB-5 Program

Beginning on Monday, Feb. 22, 2016, EB-5 investors with approved I-526 petitions will be able to contact the National Visa Center’s (NVC) newly created EB-5 Investor Assistance Desk. Customers with visa processing questions can send their inquiries to the following email address: NVCeb5@state.gov. Inquiries will be answered by a team of professionals at the NVC… Continue Reading

By Greenberg Traurig on Posted in EB-5 Program, Foreign Exchange Management Law

In an effort to promote the depreciating kyat, the Central Bank of Myanmar announced that it was revoking foreign exchange licenses issued to hundreds of businesses. Effective October 19, 2015, companies must return their foreign exchange licenses by the end of November and will no longer be able to trade in U.S. dollars. The government… Continue Reading

By Laura Foote Reiff on Posted in EB-5 Program, Legislation

昨天美国国会通过了联邦政府预算临时拨款议案，其中包括对EB-5区域中心计划短期延续至2015年12月11日。我们在9月14日曾写过对EB-5区域中心项目重新授权的前景预测。点击查看文章详情 今天国会通过的持续决议（continuing resolution）包含EB-5项目， 也同时包含E-Verify, the Conrad-30 Waiver项目，和非神职宗教工作者 (Non-Minister Religious Worker) 签证项目。这项持续决议将会暂时延续上述四项项目至2015年12月11日。议案113章规定了拨款时限，113章明确写出延续EB-5项目。 近几个月来，许多人都为EB-5区域中心去留问题颇感担忧。因为国会准备对EB-5进行改革，所以9月30日成为了一个通过区域中心投资移民申请者递交文件的硬性截止日期。因为复杂的立法过程可变因素很多，I-526投资者申请和范例申请(exemplar petition)一样，加速赶在9月30日“过期”前递交材料，也是合理的考虑。 但EB-5利益相关者目前需要考虑的一个重要问题是，为什么9月30日之前被定为截止日期。比如，国会从未就是否“让区域中心过期而不再授权”这个可能性有过任何正式讨论。从国会立法者提出的议案来看，EB-5区域中心最终会进行改革。在接下来的几个月中，利益相关者需要用这个机会，对于如何能使改革有效进行，以何种方式支持就业岗位创造，及哪些产业将会加入等问题，进行意见交流。 现在国会已经明确暂时延续EB-5项目至12月初，我们仅希望实质性改革和合理的过渡日期尽快相继出台。这样能使投资者、区域中心和通过投资创造就业岗位的项目能够在可预料 、稳定的情况下顺利进行。  

By Laura Foote Reiff on 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

By Greenberg Traurig on Posted in EB-5 Program, Events

On September 17, 2015, the Bipartisan Policy Center (BPC), a Washington, D.C. non-profit organization that promotes consensus policy solutions on issues of national concern, hosted a panel discussion on the EB-5 immigrant investor program.  The discussion was led by BPC Governor’s Council members Jim Douglas, former Vermont governor, Mike Beebe, former Arkansas governor, and George… Continue Reading

By Greenberg Traurig on Posted in EB-5 Investment, EB-5 Program

The EB-5 Immigrant Investor Program is scheduled to expire September 30, and with Congress on recess, many attorneys want to be sure when they return it is a priority on their “to-do list.” According to Law 360, the program is popular amongst Chinese investors and real estate developers as it provides green cards to foreign… Continue Reading

By Greenberg Traurig on Posted in EB-5 Program, Immigrant Investor

EB-5 Investors magazine hosted a conference earlier this week focusing on keeping the  EB-5 Immigrant Investor Program a priority for lawmakers before it expires on September 30. Laura Reiff, co-chair of Greenberg Traurig’s Business Immigration & Compliance Practice, is the executive director for the EB-5 Investment Coalition and was a panelist at the event. In… Continue Reading

By Laura Foote Reiff on Posted in EB-5 Investment, EB-5 Program, Immigrant Investor

The United States Conference of Mayors conference hosted their 83rd Annual Meeting on June 19-22, 2015 in San Francisco, California. The EB-5 immigration investor program was included in the adopted resolutions of the organization as listed herein: EB-5 IMMIGRANT INVESTOR PROGRAM WHEREAS, EB-5 is the designation for the fifth employment-based preference immigrant visa category established… Continue Reading

By Kate Kalmykov on Posted in EB-5 Program, Immigrant Investor

Last week, Greenberg Traurig EB-5 attorney Laura Reiff spoke at the first of many monthly informational sessions hosted by the city of Miami’s Office of International Business Development. The event began with a press conference with the mayor of Miami in City Hall and was followed by a widely attended informational session focusing on the… Continue Reading