February 29 2016

Post Chinese New Year; The Scalia Effect

Post Chinese New Year Chinese EB-5 investors are back from the New Year holiday and are again looking at investments. We have begun work on a number of new cases in the past two weeks.   The Scalia Effect The death of Supreme Court Justice Scalia may affect the EB-5 Regional Center extension statute,...

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February 4 2016

USCIS Stakeholder Call

USCIS Stakeholder Call The February 3, 2016 EB-5 Stakeholder call revealed little new information. USCIS reiterated that random unannounced site visits will be made to Regional Centers to verify they are in existence and doing business. We see this in other visa areas including employers of H-1B technology workers and religious organizations...

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February 2 2016

Preparing for Spring

Preparing for Spring China has been the big EB-5 market. With Chinese New Year on February 8th, business in China is now quiet. This is the time for Regional Centers and developers to finish their projects and prepare their materials for the new EB-5 season. Last year, Secretary of Homeland Security Jeh...

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January 11 2016

Stakeholder Call; 2015 Surge of Petitions

Stakeholder Call USCIS will hold a Stakeholder call on February 3, 2016 to answer EB-5 questions. But questions must not be case specific, and often USCIS refuses to answer “policy” questions. I will report on the call. 2015 Surge of Petitions There was a surge in I-526 petitions filed in the fall of...

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December 30 2015

The Final 2015 Chapter for the EB-5 RC Extension

Senators Flake, Cornyn, and Schumer have introduced a bill, S. 2415, to improve transparency and integrity for EB-5 RCs. This is basically part of the Grassley bill considered by Congress this fall. This bill does not address TEAs, job creation, the investment amount, or other key controversial issues. One commentator described...

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