Topic
EB-5
583 published works
EB-5 Insights
U.S. Securities and Exchange Commission Investigates Washington-based Regional Center
The U.S. Securities and Exchange Commission (“SEC”) filed a civil fraud suit on August 24, 2015 against a Seattle developer, who had raised $125 million under the EB-5 program. The…
Immigration View
The City of Miami EB-5 Regional Center and Affordable Housing
I was fortunate to be invited to speak at the City of Miami EB-5 Summit on Affordable Housing a few weeks ago. I was a member of the panel that…
EB-5 Insights
Pending EB-5 Legislation Provides a Comprehensive Response to the GAO
In its report published on Aug. 12, 2015, the Government Accountability Office (GAO) identified three areas for improvement and provided recommendations to U.S. Citizenship and Immigration Services (USCIS) in relation…
EB-5 Insights
GAO Report: “Additional Actions Needed to Better Assess Risks and Report Economic Benefits”
The Government Accountability Office (GAO) recently reviewed the risks and economic benefits of the EB-5 program. The report addresses several challenges related to the EB-5 program that have been highlighted in recent…
EB-5 Insights
Greenberg Traurig’s Kate Kalmykov featured in Law 360’s “US Clarifies EB-5 Amid Continued Chinese Demand”
Earlier this week, the U.S. Citizenship and Immigration Services (USCIS) released a policy memo providing clarity on what has become a long waiting period between an EB-5 project completion and…
Immigration View
Some Immigration Reform Is Coming!
Notwithstanding the years’ old gridlock in regard to immigration reform, some significant changes will take place on or before September 30th. It’s not that Congress has had an epiphany. Several…
EB-5 Insights
An Inside Look at the Three Proposed EB-5 Authorization Bills
Representative Zoe Lofgren, Ranking Member of the House Judiciary Committee, Subcommittee on Immigration and Border Security, and Representative Luis Gutiérrez introduced H.R. 3370, the Entrepreneurial Business Creating Jobs Act of…
EB-5 Insights
Greenberg Traurig Attorney Laura Reiff Featured in Law360 Article Regarding the Future of the EB-5 Investor Program
The EB-5 Immigrant Investor Program is scheduled to expire September 30, and with Congress on recess, many attorneys want to be sure when they return it is a priority on…
EB-5 Insights
Greenberg Traurig Attorney Laura Reiff Featured in EB-5 GlobeSt.com Article
EB-5 Investors magazine hosted a conference earlier this week focusing on keeping the EB-5 Immigrant Investor Program a priority for lawmakers before it expires on September 30. Laura Reiff, co-chair…
EB-5 Insights
重新审视债务概念: Greenberg Traurig EB-5 团队收到几十份I-526对借款类申请案件的批准书
Following is the Chinese translation of a previously published blog post: 我们曾经报道，美国移民局（USCIS）最近改变了其允许以借款作为投资人合法投资的政策。许多相关人士都提到，投资人以并非完全拥有的房产做抵押贷款的I-526申请被拒。美国移民局指出，借款可以作为投资人的资金，如果：（1）投资人对借款负有首要的和个人的偿还义务，并且（2）投资人实际拥有的抵押资产达到或超过借款的价值。 尽管有许多相反观点的法律论争，行政上诉办公室（AAO）认为Matter of Soffici支持所有借款的现金款项必须要作为债务评估。这一观点与先前的决定，是非常大的改变， 因为申请人主张的借款的现金款项实质上就是新商业实体（NCE）而不是投资人获得的款项。相关人士对移民局的错误法律理论表示关切，近期有报道说针对此问题，联邦法院有等待审判的案件。 我们采用新的法律途径，成功对中国物权法给予法律和事实的论证。在中国有许多事实情况和物权法概念适用于这些债务案子，包括财产价值，中国法下的财产所有权，可分割物权法概念，中国抵押贷款法，以及债务/信用/出资原则。因此，即使移民局继续依照其新政策审理申请，抵押借款申请仍然可被批准，如果申请的结构正确。移民局也正在签发批准书。对那些提交了申请，担心其申请因移民局政策变化而是否合理的EB-5申请人来说，这是一个非常令人欢迎的消息。 Special thanks to Jim Wang.