On Nov. 7, 2017, United States Citizenship and Immigration Services (USCIS) Immigrant Investor Program Office (IPO) held an EB-5 stakeholder program at their New York City field office. GT attorneys Kate Kalmykov and Kristen Ng attended the in-person session. During the engagement, key members of the IPO addressed: 1) updates from the IPO; 2) priorities for… Continue Reading
Out of thousands of blogs, GT’s very own EB-5 Insights immigration blog has been nominated for inclusion in the Expert Institute’s Third Annual Best Legal Blog Contest in the AmLaw category. Now, it’s up to the readers to vote. To cast your vote please click the link below! VOTE HERE.
Greenberg Traurig’s Kate Kalmykov and Jennifer Hermansky recently presented “The Basics for New EB-5 Practitioners” to AILA members. Kalmykov and Hermansky provided an overview of the EB-5 program and discussed the requirements to obtain permanent residence status. To purchase a copy of the webinar, click here.
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
On June 30, USCIS released its Annual Report 2017 to Congress on matters relating to its mission – “Congress charged us with the duty to aid applicants and their sponsors who are experiencing difficulties applying for immigration benefits with U.S. Citizenship and Immigration Services (USCIS). In addition, Congress bestowed on us the responsibility of identifying… 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
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.
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
Kate Kalmykov and Jennifer Hermansky recently attended the Investment Immigration Summit MENA in Dubai. The Summit is the leading immigration conference in the Middle East, hosting hundreds of immigration agents and consultants, private bankers and wealth managers, law firms and government officials. Hermansky provided an outlook for EB-5 in 2017. Kalmykov presented a workshop on L-1… Continue Reading
Greenberg Traurig’s EB-5 team would like to thank our clients, colleagues and fellow EB-5 industry members for another successful year. We look forward to working with each of you in 2017. Happy New Year!
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 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
On January 13, 2017, the Department of Homeland Security (“DHS”) published a Notice of Proposed Rulemaking Making (“NPRM”) seeking to amend the current EB-5 regulations. As required by the Administrative Procedure Act, DHS has published the NPRM in the Federal Register for notice to the public and has given the public a three (3) month… Continue Reading
The Department of Homeland Security (DHS) has issued a notice of proposed rulemaking to be published on January 13, 2017 to amend the regulations in relation to the employment-based, fifth preference (EB-5) immigrant investor classification and associated regional centers. The purpose of the proposed amendments is to modernize the EB-5 program. DHS will accept comments… Continue Reading
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