COVID-19 and Material Change Webinar – Presentation Deck
Special thanks to corporate and securities attorney John Tishler for joining my COVID-19 and EB-5 material change webinar on April 28, 2020. See the complete slide deck here. ***
Presidential Proclamation Limits Immigrant Admissions but Exempts EB-5
Presidential Proclamation Limits Immigrant Admissions but Exempts EB-5 April 23, 2020 Presidential Proclamation limits immigrant entry for 60 days starting today, April 23, 2020. But EB-5 visa applicants are exempt along with healthcare workers, U.S. armed forces members and families, and admissions in the national interest among other categories. See Proclamation here. Nonimmigrant visa holders, [...]
CLP Webinar April 28, 2020: COVID-19 and EB-5 Material Change
EB-5 PROJECTS AND INVESTORS -- Attend my upcoming free webinar where I’ll discuss COVID-19 and EB-5 Material Change with special guest, John D. Tishler, partner at Sheppard Mullin sharing his insights from EB-5 project finance, securities compliance, and corporate restructuring perspectives. Hope to see you there! When? April 28, 2020 11AM PST / 2PM EST RESERVE YOUR [...]
FAQs about COVID-19 and EB-5
Assembled below are answers to COVID-19 related questions for the EB-5 community. I hope you find these to be helpful. What is COVID-19? COVID-19 is an abbreviation for “coronavirus disease 2019.” According to the U.S. Center for Disease Control (“CDC”), COVID-19 has caused a pandemic of respiratory disease spreading from person-to-person caused by a novel [...]
Carolyn Lee’s Blog on IIUSA re: USCIS March 13, 2020 EB-5 Stakeholder Engagement
Read my IIUSA blog analyzing the March 13, 2020 USCIS EB-5 Stakeholder Engagement on the new I-526 petition process. Effective March 31, 2020, the new "inventory management" approach will prioritize petitions with visa availability. Quicker visa processing is anticipated in 12-18 months as a result. See the most recent Visa Bulletin to see visa [...]
Carolyn Lee Quoted in Bloomberg Law re: USCIS EB-5 Process Change
Carolyn Lee Quoted in Bloomberg Law re: USCIS EB-5 Process Change See the article on Bloomberg Law news here. Carolyn Lee quotes: “This is a measure, presumably, to increase efficiency, address fairness and issues in visa allocation,” said Lee, who heads the American Immigration Lawyers Association’s National EB-5 Committee. But there’s “tremendous operational opacity” in [...]
EB-5 Alert – USCIS Processing Change
EB-5 Alert New EB-5 Processing Plan Announced -- FIFO to FIVA January 29, 2020 USCIS stated in an announcement this morning that starting March 31, 2020, USCIS will "prioritize" petitions filed by investors from non-backlogged countries. Rather than processing cases "first in first out," it will focus on "visa availability," going from FIFO to FIVA. This [...]
EB-5 Notes – What EB-5 Needs Now
What EB-5 Needs Now January 27, 2020 We start another year in EB-5 without long-term reauthorization. Yet, even in this environment, there are brave ventures and reassuring constancy in EB-5 – new businesses exploring regional center formation, great projects rebooting to meet new regulations’ requirements, advisors delivering steadfast guidance amid lengthening processing times and heightened [...]
Roundtable – Urban TEAs under Modernization Regulations
CLP EB-5 Roundtable URBAN TEAs UNDER THE NEW EB-5 REGULATIONS Wednesday December 18, 2019 1:00 PM – 2:00 PM Eastern Time You’re invited to hear from EB-5 industry experts on the new high unemployment TEA requirements, now in effect under the EB-5 Modernization Regulations.Please join our discussion of the changes, pros, cons, risks, and best [...]
New Form I-924A Effective Today
EB-5 Alert December 6, 2019 New Form I-924A for FY2019 Effective Today On November 21, 2019, USCIS announced that it would only accept the new Form I-924A starting December 6, 2019. This is an abrupt change to the Form I-924A already 7 weeks into the 3-month filing season with 3 weeks left to file. The annual Form [...]