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...
Serving Clients Across The U.S. And Around The World
EB-5
USCIS Proposes Rule to Welcome International Entrepreneurs
On August 26th, 2016, the Department of Homeland Security (DHS) announced a proposal to introduce a creative new way for foreign entrepreneurs to come to the United States to grow businesses and create jobs. The proposal, which has been under discussion for quite some...
How the EB-5 Visa Program Benefits You
“The Evolving Role of EB-5 Counsel” Considerations for Multi-Party Representation in EB-5 Deals
As the EB-5 market continues to mature, so will the quality and sophistication of the players and projects in this industry. As clients evolve, so must attorneys. Gone are the days when an EB-5 firm could focus on only one area (such as filing I-526 petitions)....
Department of Homeland Security’s Deputy Secretary Denies Political Favoritism
ABC News reports that Alejandro Mayorkas denies practicing political favoritism. He is currently the Deputy Secretary of the Department of Homeland Security. Even so, Mayorkas needed to defend himself to congress against accusations of political favoritism. Mayorkas...
Unlock the Key to EB 5 Revolution Through Project Disbursement
The EB 5 Industry has the potential and cash flow to bring great success to many sectors of the US economy. Historically, the industry has primarily focused on entertainment venues, identified by Reid Thomas, but the industry is experiencing a dramatic disbursement...
EB-5 Funds Do, In Fact, Reach Economically Distressed Areas
According to the United States Government Accountability Office, an economically distressed area is one with a poverty rate of at least 20 percent, coupled with an unemployment rate that is at least 1.5 times larger than the current national unemployment rate. Since...
Hirson Helps Sponsor High-Profile EB-5 Summit in China
David Hirson & Partners, LLP is helping to sponsor the fifth-annual Invest in America Summit & Exhibition, which is the largest U.S. investment trade show and conference in China. Due to its popularity, this year’s conference will travel to three major Chinese...