GT Immigration & Compliance Practice Shareholder Jennifer Hermansky, the newly appointed EB-5 Committee chair for the American Immigration Lawyers Association, is featured on the EB5Investors.com blog. She discusses the challenges
Continue Reading Jennifer Hermansky Featured on EB5Investors.com Blog: ‘There is still quite a demand for EB-5 investment opportunities’
Please join Kate Kalmykov, co-chair of GT’s Global Immigration & Compliance Practice, for an upcoming webinar Feb. 7, 2024, at 2 p.m. EST.
Kate will be joined
Continue Reading Feb. 7 WEBINAR | Partial EB-5 Investments Before April 1 ~$8K Fee Increase: How to Start Your EB-5 Now with Less than $800K & Lock in Lower Fees
On Feb. 7, 2020, the official visa information website of the U.S. mission in China (http://cdn.ustraveldocs.com/cn/index.html?firstTime=No) announced that as of Feb. 3, 2020, regular visa services at the
Continue Reading Update – U.S. Embassy and Consulates General in China Suspended Regular Visa Services as of Feb. 3
As a follow-up to our Jan. 31 blog post, we have yet to see an official announcement from the U.S. Embassy & Consulates in China regarding visa appointment cancellations
Continue Reading Update on Cancellation of Visa Appointments at U.S. Embassy and Consulates in China, and USCIS Response to the Coronavirus
Congratulations! You have subscribed EB-5 investors, closed your offering, and provided the EB-5 funds to the project. Now what? As a general matter, EB-5 investors are either non-managing members of
Continue Reading Post Offering Obligations for EB-5 Issuers: “You Closed, Now What?”
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 by Congress in 1990; and
WHEREAS, Congress established the Immigrant Investor Pilot Program in 1992 to create Regional Centers which aid foreign investors, by directing and professionally managing their investments while concentrating pooled investments in defined distressed economic zones; and
WHEREAS, EB-5 allocates 10,000 visas annually to foreign investors and their families who invest at least $1 million (or $500,000 in a target employment area) which must generate at least 10 jobs; and
WHEREAS, EB-5 has become a vital source of urban redevelopment funds; and
WHEREAS, since 2008 over $8.6 billion has been invested in qualified American projects; and
WHEREAS, that investment has supported over 171,000 American jobs; and
Continue Reading The 83rd U.S. Conference of Mayors in San Francisco Adopts Eb-5 Related Resolution
On Jan. 28, 2015, Congressmen Jared Polis (D-CO) and Mark Amodei (R-NV) introduced the American Entrepreneurship and Investment Act of 2015, which seeks to update and permanently authorize the EB-5 Immigrant Investor visa program. The bipartisan measure follows long-standing calls from numerous groups in the commercial, residential, hospitality, retail, and real estate industries to make the EB-5 Immigrant Investor visa program, currently due to expire at the end of Fiscal Year 2015 (Sept. 30, 2015), a permanent feature of U.S. immigration law.
The new legislation, among other goals, aims to improve the EB-5 Program by addressing key administrative and substantive concerns with several key proposals, including:
Continue Reading Congressmen Polis (D-CO) and Amodei (R-NV) Introduce Bipartisan Legislation to Permanently Authorize the EB-5 Program