Recent Proposed Regulations
Recently, USCIS has sent new regulations related to the EB-5 Program to the Office of Management Budget (“OMB”). Thereafter, the proposed regulations would then be sent to the General Accounting Office (“GAO”) and then will be subject
Latest from OZ and EB-5 Investments - Page 3
Current Opportunity Zone Press, New Florida Act and a Look Ahead
Current Press
The Opportunity Zone industry has been receiving continuous press, almost on a daily basis. The latest article I received was a report in the February 27, 2019 Wall Street Journal on page B6. It is entitled “Investors Rush
Opportunity Zone Industry Update
The Opportunity Zone industry is getting substantial attention, as noted by the enclosed article published by the New York Times related to “Wall Street, Seeking big tax Breaks, Sets Sights on Distressed Main Streets.” Obviously, OZs are receiving mixed
Opportunity Zone Update
Saul Ewing Arnstein & Lehr LLP attorneys Ronald Fieldstone, Rohit Kapuria, Jay Rosen and Roger Bernstein attended the Opportunity Zone Expo Conference in Los Angeles on January 25, 2019. Much to their surprise, the attendance was over 1,000 people, which
Blog re Aila/Iiusa Eb-5 Industry Forum in Chicago, Illinois
I just attended the combined AILA/IIUSA Conference in Chicago. The low attendance reflected the general mood of the industry that there is significant pull back in EB-5 investments in various jurisdictions, especially in mainland China and Vietnam.
During the
The Follow Up To IIUSA Meeting In Washington, DC On April 23, 2018 And April 24, 2018
The Follow Up To IIUSA Meeting In Washington, DC On April 23, 2018 And April 24, 2018
IIUSA had its annual meeting in Washington, DC. The meeting focused a lot on the status of the industry, retrogression, new legislation and
Where Are We Now?
Now that Congress has provided a clean extension until September 30, 2018, there are several issues that need to be addressed and factors that need to be taken into account in connection with the overall EB-5 industry and its viability.
Summary of the Draft EB-5 Reform Act
UPDATE: Based upon the recent blogs, industry information and public statements from EB-5 organizations, it seems very likely that there will be a clean extension of the current EB-5 program until September 30, 2018.
There appears to be significant momentum
Down to the Wire
There have been significant movements in Congress to try to come up with a final compromise bill to resolve the impasse that has been in existence for the past two and one-half years (2½) years. It is difficult to predict
USCIS August 2015 EB-5 Policy Memorandum And Stakeholder's Call
U.S. Citizenship and Immigration Services issued a policy memorandum draft on August 10, 2015, “Guidance on the Job Creation Requirement and Sustainment of the Investment for EB-5 Adjudication of Form I-526 and Form I-829,” which can be found here.