Kate Kalmykov, Co-Chair of Greenberg Traurig’s Immigration and Compliance Practice, recently appeared on the Voice of EB-5 podcast for an in-depth discussion with host Ali Jahangiri on her
Continue Reading Kate Kalmykov Presents the ‘Top EB-5 Issues and the Attraction of Rural TEAs’ on the Voice of EB-5 Podcast Hosted By EB-5 Investors MagazineWhat Does the New I-956 EB-5 Regional Center Designation Process Mean for Regional Center Investors?
The new Form I-956 and I-956 H contain a series of certifications and detailed personal information requirements with respect to the integrity and backgrounds of the owners, operators, and officers…
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Congress Set to Pass EB-5 Reform and Reauthorize EB-5 Regional Center Program through Sept. 30, 2027
Late last night, Congress released the text of the Omnibus spending bill, which includes the “EB-5 Reform and Integrity Act” at page 2609. With government funding expiring March 11…
Continue Reading Congress Set to Pass EB-5 Reform and Reauthorize EB-5 Regional Center Program through Sept. 30, 2027
Federal Court Decision Strikes Down $900,000 EB-5 Investment Threshold
As discussed on this blog previously, a lawsuit challenging certain EB-5 regulations was successful on June 22, as Magistrate Judge Jacqueline Scott Corley of the U.S. District Court for…
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Lawsuit Challenging EB-5 Regulations May Succeed
Based on a recent hearing in a lawsuit challenging certain EB-5 regulations, it appears the regulations may be struck down due to the illegal appointment of Department of Homeland Security…
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EB-5 Final Rule Challenged in U.S. Federal District Court
On Nov. 26, 2019, a complaint for Injunctive Relief and a Temporary Restraining Order was filed by Florida EB-5 Investments, LLC against the Department of Homeland Security (DHS) challenging a…
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EB-5 Update – New Regulations to Take Effect and Regional Center Program to be Extended Through Dec. 20, 2019
The EB-5 Regional Center Program was set to expire on Nov. 21, 2019. On Nov. 18, Congress introduced a Continuing Resolution (CR) to fund the government and extend vital programs such as EB-5 through Dec. 20, 2019. Leaders hope to use the additional time to extend current operations and complete fiscal matters and other priorities before the holidays. There is an ongoing effort to include new EB-5 legislation in a legislative vehicle in December.
New EB-5 regulations published on July 24, 2019, as final will take effect Nov. 21, 2019. There is no additional phase-in for these regulatory changes. Some of the key changes listed below will immediately impact the EB-5 program:
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A Detailed Look at the Proposed EB-5 Regulations
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…
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Summary: Notice of Proposed Rule for the EB-5 Immigrant Investor Program
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…
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Summary of GAO report – Immigrant Investor Program: Proposed Project Investments in Targeted Employment Areas
The Government Accountability Office (GAO) recently reviewed a sampling of unadjudicated I-526 petitions from the fourth quarter of fiscal year 2015 to obtain information on: 1) the ratio between investors…
Continue Reading Summary of GAO report – Immigrant Investor Program: Proposed Project Investments in Targeted Employment Areas