January 21 2013

EB-5 News

The new year is starting out with some exciting news from the last few days of 2012. Press On December 30, the New York Times ran a prominent article about Jay Peak’s EB-5 program. This article was one of the most emailed articles on its website. The link to this excellent, positive article is New...

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January 7 2013

More EB-5 News

USCIS Director Mayorkas has announced that Robert Cox, a former immigration lawyer, will be the new, interim EB-5 program director when the program moves to Washington D.C. We will see if this new director and the relocation of the EB-5 unit will make a difference in the flow of information,...

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December 3 2012

USCIS EB-5 Meeting

On December 3, 2012, I attended the USCIS “Conversation with Director Mayorkas” meeting in Washington, D.C. on the EB-5 immigrant investor program. Here is a brief summary of the highlights: Tenant occupancy memo I asked Director Mayorkas if there had been a recent change in the USCIS policy on accepting tenant job...

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November 14 2012

EB-5 Job Creation

In February 2012, the USCIS began issuing Requests For Evidence (RFEs) questioning whether a project’s job creation may include new jobs created by a project’s tenant, such as a new business in an office building or retail mall. Generally speaking, the USCIS’s new position is that such jobs cannot be...

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October 31 2012

October 2012 IIUSA Meeting

In October, in Washington, D.C., I attended the IIUSA (EB-5 Regional Center Trade Association) meeting and the USCIS EB-5 Stakeholder’s meeting. China Quota The biggest news came from the Department of State (DOS). It allocates visa numbers to the American Consuls and USCIS offices in the U.S. for each EB-5 investor and...

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