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...
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...
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...
Given the EB-5 Regional Center Program’s pending expiration on September 30, 2015, the EB-5 community is anxiously waiting to see what changes and reforms will be made to the Program in order to ensure its re-authorization. One bill—the bi-partisan American Job Creation and Investment Promotion...
Developers have increasingly looked to the EB-5 program as a less expensive, easier to obtain source of capital over traditional financing. However, lengthy I-526 processing times present a challenge to developers with shovel-ready projects. In many EB-5 deals, investors’ funds are placed in escrow until...
In Part 1 of this three-part series, we reviewed many of the key questions that investors should ask concerning the legal, economic, and financial aspects of EB-5 projects. In Part 2, we covered what business owners and developers need to assess before committing resources to...