Contact Info:

David Hirson & Partners, LLP
1122 Bristol Street
Costa Mesa, CA 92626

Direct: +1 949 531-6205
Fax: +1 949 383-5368



Phuong’s EB-5 practice focuses on advising businesses, developers, and Regional Centers with structuring, deploying, and managing EB-5 financing.

He draws upon an extensive background representing parties on all sides of EB-5 transactions, including individual investors, business owners, developers, and as in-house counsel for a large Southern California EB-5 Regional Center. He has successfully advised a wide range of businesses with their EB-5 financing needs, including commercial real estate developments, multifamily apartment buildings, boutique and full service hotels, medical office buildings, nightclubs, and restaurant franchises.

He works closely with businesses throughout the EB-5 financing process, including structuring debt/equity EB-5 offerings as part of a diversified capital stack, and coordinating complex review and structuring with securities attorneys, economists, business plan writers, and escrow banks.
This includes reviewing a wide range of business and transactional documents to ensure EB-5 compliance, including project and offering documents such as private placement memoranda, operating agreements, subscription agreements.

He also consults businesses on forming and managing their own Regional Centers, including filing annual I-924A compliance reports and creating I-526 and I-829 templates to ensure Regional Centers and investors have consistent work product, including peer review of other attorneys’ EB-5 filings.

Past representative EB-5 financing matters include:

  • I-526 exemplar approval for $50 million EB-5 offering for a 300+ unit apartment complex in Southern California

  • $180 million in debt/equity EB-5 financing for 400,000 square foot mixed-use commercial real estate development in Orange County

  • Direct EB-5 financing raises for fast-casual franchise restaurants



J.D., U.C. Hastings, College of the Law
B.A., Philosophy, U.C. Irvine
B.A., Criminology, Law, & Society, U.C. Irvine

Admitted to Practice

  • State Bar of California

  • U.S. Court of Appeals for the Ninth Circuit

Memberships & Professional Organizations

  • Member, Asian Pacific American Bar Association
  • Member, Southern California Chinese Lawyers Association
  • Member, Orange County Asian American Bar Association
  • Member, Vietnamese American Bar Association of Southern California
  • Member, National Asian Pacific Bar Association

Past Memberships

  • Member, Best Practices Committee – Association to Invest in the USA (2014-2015)
  • Member, American Bar Association Advisory Panel (2012-2014)

Publications & Lectures

  • Co-Author, “The Evolving Role of EB-5 Counsel – Considerations for Multi-Party Representation in EB-5 Deals” by Nima Korpivaara, Esq. & Phuong N. Le, Esq. NES Financial’s ebook, Navigating a Changing EB-5 Sector: Insights from Experts (Summer 2016).
  • Author, “Recap of the 2016 Ho Chi Minh EB-5 Delegation” by Phuong Le. EB-5 Investors Magazine. Volume 4, Issue 1. (Winter 2016)
  • Co-Lecturer, “Counseling Business Clients.” Western State College of Law (July 2016)
  • Speaker/Panelist – “EB-5 at a Quarter-Century: Myths, Facts, and a Look Forward” (CLE Breakout Session) – 2016 National Convention – National Asian Pacific American Bar Association (November 2016)


In his spare time, Phuong enjoys volunteering with professional and community organizations throughout Southern California, including providing pro bono immigration advice at community legal clinics with APABA, U.S. Citizenship Clinics with Asian Americans Advancing Justice, and mentoring underprivileged youth with Kids Reading to Succeed.