No matter what happens at the end of April with the Regional Center Program facing expiration and an uncertain future, one thing is clear: Navigating the EB-5 process is challenging and time-consuming. The stakes are high – there is no room for error at any...
Since its inception in 1993 as an outgrowth of the EB-5 program first introduced in 1990, the EB-5 Regional Center Pilot Program has been a productive tool for foreign nationals seeking to immigrate to the United States through passive investment as well for U.S. business...
Many EB-5 stakeholders associate EB-5 funding with hotel development projects and other traditional industries, such as assisted living facilities, mixed-use residential projects, restaurants, and public structures. However, a variety of innovative and non-traditional project types, as depicted in the table below, can also fit well...
On May 4, 2016, U.S. Citizenship and Immigration Services (USCIS) proposed filing fee increases and the addition of a new fee to the EB-5 Program. The government agency, which is part of the Department of Homeland Security, has invited the public to comment on its...
As we have previously reported, the fate of EB-5 Regional Center Program remains uncertain. After two temporary extensions in 2015, the Regional Center Program is once again set to expire on September 30th, 2016. At that time, Congress may renew the Regional Center Program with...
On Wednesday, December 15th, Congress temporarily extended the EB-5 Regional Center Program for a second time this fiscal year as part of an Omnibus Spending Bill . This temporary extension gives the program a reprieve until the end of the fiscal year on Sept. 30,...
Congress established the EB-5 Immigrant Investor Visa Program as a provision of the Immigration Act of 1990. Through the EB-5 program immigrants can attain U.S. lawful permanent residency by making a substantial investment in a new commercial enterprise that will stimulate the U.S. economy while...
The more well-known avenues to secure a green card via an EB-5 investment include an individual investor either opening his/her own business or investing in a Regional Center project. Recently, another avenue called a “pooled” Direct Investment project has become popular in industries that create...
The number of countries with immigrant investor programs has increased dramatically over the past decade. Countries with such programs are located all over the globe, including Europe, Asia, and the Caribbean. What these programs have in common is the exchange of residency rights or citizenship...
The EB-5 Regional Center Program was scheduled to “sunset” on September 30, 2015. In a rare demonstration of bipartisan support, Congress passed, in an eleventh hour majority vote, a temporary funding bill, which included an extension of the EB-5 Regional Center Program through December 11,...