Continuing Resolution Passed to Extend Current Funding for The US Government

The Senate and U.S. House of Representatives passed legislation, a Continuing Resolution (CR), to extend current funding for the U.S. government, which was signed by President Trump on September 28, 2018. The CR will extend government operations, as well as the EB-5 Regional...

Investors worry US ‘visas to millionaires’ program may soon be overhauled

By Gauri Bhatia, CNBC A popular, yet controversial U.S. immigration program that grants “visas to millionaires” is feeling the heat, weeks before it is up for renewal. On Sept. 30, the EB-5 Immigrant Investor Program – under which foreigners have invested billions of...

The Changing Landscape of the EB-5 Program

By Christian Triantaphyllis, Attorney, EB-5 Section Lead Since 2015, the EB-5 industry has been caught in limbo in anticipation of new legislation and USCIS regulations that will revamp the EB-5 immigrant investor program. These lingering proposed changes are still not final, not...

Visa Bulletin Update – EB5 Vietnam

As the EB-5 industry expected, the EB-5 category for Vietnamese nationals is no longer current for this fiscal year. However, we do expect the priority date for Vietnamese nationals to advance over time more quickly than we have seen for mainland born Chinese nationals.

Continuing Resolution may Extend EB-5 to December 22

The U.S. House of Representatives Appropriations Committee has introduced legislation, or a Continuing Resolution (CR), to extend current funding for the U.S. government. The short-term CR would extend government operations, as well as the EB-5 Regional Center Program, to...

Los Angeles-area attorney pleads guilty to federal charges stemming from $50 million scheme that defrauded the EB-5 visa program and Chinese investors

SANTA ANA, Calif. – An attorney who lives in El Monte pleaded guilty today to federal fraud and money laundering charges for participating in a multi-faceted scheme that collected more than $50 million from foreign investors seeking “Green Cards” through the EB-5 visa program....

Wealthy Chinese Scramble for Imperiled Commodity: U.S. ‘Golden Visa’

BEIJING — He has a lakeside villa valued at more than $3 million, two Mercedes sedans in the garage and a butler who fluffs his pillows and shines his shoes. But Liu Xiyu, a real estate executive in Beijing, still lacks the convenience he says he most wants in life: an American...

Rich Chinese Race to Apply for a U.S. Golden Visa

By Enda Curran, Jun Luo, Dingmin Zhang As members of Congress in Washington debate raising the minimum required to obtain a U.S. immigrant investor visa from $500,000 to $1.35 million, concern about the hike has set off a scramble among wealthy would-be participants in Chin...

SEC Charges Businessman With Misusing EB-5 Investments

The Securities and Exchange Commission today announced fraud charges against an Oakland, Calif.-based businessman accused of misusing money he raised from investors through the EB-5 immigrant investor program intended to create or preserve jobs for U.S. workers. The SEC alleges...

Here’s One Immigration Policy That Should Withstand President Donald Trump

By Kenneth Rapoza Over the last 12 months, Americans have been bombarded with headlines and commentary about Donald Trump’s plans to build a wall on the Mexican border, and deporting an estimated 14 million immigrants who have overstayed their visas. While Trump himself has...
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