August 12 2013

EB-5 in the Media

EB-5 in the Media The anti-immigrant Senator Chuck Grassley of Iowa has now redirected his attack from H1-B (professional) and L-1 (intra-company transfer) visas to EB-5 visas. He is involved in raising a stink about USCIS Director Ali Mayorkas overriding the denial of former Democratic Party Chairman Terry McAuliffe’s EB-5 green...

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August 1 2013

Authorized Stay In US - Change in Form I-94

Previously, each time a non-immigrant visa holder or one using the Electronic System for Travel Authorization (ESTA) entered the U.S., the Customs & Border Protection (CBP) immigration officer issued a Form I-94 (“I-94”) and stapled it into the entering person’s passport. The I-94 is very important because it provides the visa...

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July 29 2013

EB-5 Developments

EB-5 Developments The EB-5 regional center industry continues to expand. We just got another regional center project amendment granted with an “exemplar I-526”  (project approval) to expand a factory and create 200+ high-paying jobs. At the same time, we are seeing much more scrutiny of the EB-5 program and applications on...

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July 19 2013

Important SEC Rules on Regional Center Advertising

Important SEC Rules on Regional Center Advertising The SEC, pursuant to the JOBS Act, recently issued final rules that will have an important impact on regional centers – advertising of EB-5 projects and enhanced “accredited investor” asset verification. Advertising The new rule allows a regional center project to engage in general solicitation of the...

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July 15 2013

Latest Developments

In the past few weeks, I have been to the IIUSA and American Immigration Lawyers Association conferences. Also, the Senate passed its comprehensive immigration reform bill with EB-5 reforms I previously discussed. The House started work on its own immigration bill. News reports say the House will only vote on...

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