EB-5 Notes - Legislation November 11, 2019 What could be more on our minds than the EB-5 modernization regulations coming online in 10 days? Legislation that could trump them. See my press release with an overview of S.2778, the comprehensive EB-5 reform bill sponsored by Senators Rounds, Graham and Cornyn. The changes would affect us [...]
Senator Mike Rounds (R-ND), Chairman Lindsey Graham (R-SC) and Senator John Cornyn (R-Tx) introduced a comprehensive EB-5 bill on 11/5/2019 marked S. 2778 and called “Immigrant Investor Program Reform Act.” Many of the elements, for example the bill’s integrity measures, are refined versions from prior legislative efforts. Some are notably new. The bill calls for [...]
Carolyn Lee Renamed AILA National EB-5 Committee Chair for Fourth Year August 28, 2019 Carolyn is proud to once again lead the National EB-5 Committee of the American Immigration Lawyers Association (AILA). This is Carolyn's fourth year as the Chair. She also serves as Invest in USA (IIUSA)'s Legislative Counsel. "It's a challenging time in [...]
AILA Webinar on EB-5 Regulations - Must Attend Event for Immigration Lawyers TODAY August 9, 2019, 2:00-3:30 pm Eastern Time Hear from those who have been close to the ground on both the Notice of Proposed Rulemaking (NPRM) and the final EB-5 Modernization Regulations. The panelists will cover the key changes with a "boots-on-the-ground" [...]
Carolyn Lee Speaks - EB-5 Regulations July 31, 2019 Tune into an ilw.com seminar today on the final EB-5 modernization regulations. Panelists include NYU scholar-in-residence Gary Friedland, whose studies are frequently cited in the final regulations. ***
July 24, 2019 The EB-5 Modernization Regulations were published today with an effective date of November 21, 2019. The 120-day runway to implementation extends beyond the next regional center program sunset date on September 30, 2019. This means there's opportunity for legislative reauthorization to pass, mooting these rules. American Immigration Lawyers Association summarizes the final [...]
EB-5 Alert July 10, 2019 The House Passes H.R. 1044 to Remove the Per Country Caps Today, the U.S. House of Representatives passed the Fairness for High-Skilled Immigrants Act of 2019 (H.R. 1044). The vote was 365 in favor and 65 against. The bill, if enacted, would remove the 7% per country cap on employment-based visas, including [...]
OMB Completes Review of EB-5 Modernization Regulations June 28, 2019 American Immigration Lawyers Association Reports: On June 27, 2019, the Office of Management and Budget (OMB) completed review of the EB-5 Immigrant Investor Program Modernization final regulation. In order for this final regulation to become effective, it must be published in the Federal Register. The [...]
EB-5 Notes June 10, 2019 Good News About EB-5 and Carolyn Lee PLLC Clients We are pleased and proud to share some significant EB-5 news to kick off your week. Successful Navigation of Material Change CanAm recently repaid its investors on its 38th EB-5 project, a $12 million loan used to fund redevelopment of the [...]
Carolyn Lee PLLC Commemorates D-Day – 75th Anniversary June 6, 2019 It’s a solemn day as well as one of pride and gratitude. We remember the heroes of June 6, 1944 – D-Day. See the photo gallery on Politico. See the Time Magazine video for the story behind Robert Capa’s photos of Normandy on [...]
