News

April 26 2017

H-1B visa applications drop for first time in years

For the first time in years, the number of H-1B visa applications has decreased — a signal that President Trump’s “America First” rhetoric is deterring employers from hiring foreign workers, experts say. That rhetoric will ramp up Tuesday, when Trump is planning to sign an executive order that seeks to make...

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April 26 2017

Trump Signs Executive Order Seeking to Revamp H-1B Visa Program

In a move anticipated since he took office, President Donald Trump April 18 signed the “Buy American and Hire American” executive order, which seeks – in part – to reform the H-1B visa program for highly-skilled foreign workers. The new directive does not specify changes to the existing program, but instead...

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April 12 2017

Surge in Filing I-526 EB-5 Applications

 In the past few weeks, there has been a lot of EB-5 activity. Surge in Filing I-526 EB-5 Applications With the April 28, 2017 expiration deadline of the RC EB-5 statute (the regular/direct/self EB-5 investment statute does not expire), many investors are seeking to file their I-526s to lock in their investments at the...

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March 20 2017

Shocking EB-5 Rule Change

Obviously there is a lot happening in the EB-5 area these days. Shocking EB-5 Rule Change Previously, a RC could expand its territory usually by a letter and a map accompanying an investor’s I-526. Large territorial expansion often had substantial evidence and an economist’s opinion justifying the territory. In March via a...

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February 24 2017

The Future of EB-5

The more a visa is used, the more rules are applied to restrict its use. We saw this with the H-1B visa, which is used primarily for technology workers. In the 1990s, Intel, Apple, Microsoft and many others were staffed with foreign engineers, many with H-1B visas. As the number of...

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