Posts

The Donald Trump Presidency & Its Effect on EB-5: An Industry Insider’s Perspective

By Phoung Le.

As you may have heard, last week Donald Trump became a little bit more famous as the newest elected president of the United States. Understandably, there has been much noise and uncertainty about how a Trump presidency will affect the world (be it Great Walls or trade treaties), our focus today will be on the EB-5 industry.

Our firm is deeply involved with the EB-5 industry on all levels and our viewpoint on EB-5 is this: namely, if the question is “Will EB-5 disappear”, the answer remains the same “Unlikely.” Why? As usual, the easiest way to make sense of thing is “follow the money”. We offer the below perspective as industry insiders. Read more

Huge Increase In EB-5 Visa Applicants

Eb5 immigration applications show a 113% increase in 2015.

As reported by the USCIS, the number of applicants for the EB-5 visa increased to 17,791 in 2015, up from 11,744 in 2014. This amounts to an 113% rise in applications filed. This increase in applications is primarily due to worries that key aspects of the program may not be renewed by the US government in the future.

Around 21,998 applications were still pending at the end of 2015, and currently, there is a 5-year backlog for Chinese mainland born investors looking to obtain a green card through the EB-5 program for themselves and their family members. Read more

Following Block of China Visas: EB-5 Updates, Visas Spread

Chinese, USA and Shengen European visas in passports

Significant growth of the EB-5 program can be attributed to the contributions of Chinese investors throughout recent years. However, downturns in the Chinese economy over the last year have led to many reductions in the number of EB-5 visas issued to Chinese investors. Furthermore, the issuances of EB-5 visas to Chinese investors has stopped, as explained by Parisa Karaahmet. Take a look at some of the most recent EB-5 updates on where the EB-5 program’s greatest influence will expand beyond China. Read more

EB-5 News Updates – U.S. Chamber of Commerce Voices Support of EB-5 Program in Op-Ed

Visa document

The EB-5 initiative is one that has received bipartisan support over the years because of its effectiveness for bringing jobs and commerce into the country. According to EB-5 news updates this year, though, the bill faces some opposition for the first time. This opposition is combined with a few proposed changes that could lead to a failure to renew for the first time since its inception in 1990. Read more

EB-5 Legislation Updates Address GAO Recommendations

departed stamp

Among a number of potential changes to the EB-5 Immigrant Investor Program, one in particular could pose significant new challenges for foreign citizens wishing to obtain U.S. visas. Read more