LIKE Act: A New Start-Up Visa Bill On July 26, 2021, the Let Immigrants Kickstart Employment Act (“LIKE Act”) was introduced to Congress to establish a new class of nonimmigrant visas for entrepreneurs and essential employees affiliated with start-up entities. The proposed LIKE Act seeks to amend section 101(a)(15) of the Immigration and [...]
EB-5 Reform and Integrity Act of 2021 Introduced March 18, 2021 Senator Chuck Grassley (R-Iowa), Ranking Member of the Senate Judiciary Committee, and Senator Patrick Leahy (D-Vt.), a senior member and former chairman of the Judiciary Committee, today introduced the EB-5 Reform and Integrity Act of 2021 (the Integrity Act). The Integrity Act brings a [...]
Carolyn Lee Quoted in Law360 re: 3 Ways COVID-19 Is Reshaping The EB-5 Landscape See the article on Law360 here. Carolyn Lee Quotes: "There are certainly a number of indicators that show that there are players who are looking for opportunities even in this difficult and challenging environment."
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 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 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 [...]
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 [...]
February 25, 2019 Happy Monday to EB-5 Citizens. A few notes to start your EB-5 week on an informed footing. EB-5 Modernization Regulations to OMB On February 22, 2019, the “EB-5 Immigrant Investor Program Modernization” regulations were received for review by the Office of Information and Regulatory Affairs (OIRA), a part of the Office of [...]
February 18, 2019 Happy President’s Day! A few notes to start your EB-5 week on an informed footing. EB-5 Reauthorization to 9/30/2019 On Friday, February 15, 2019, President Trump signed into law the Consolidated Appropriations Act, 2019, funding the EB-5 Regional Center Program to September 30, 2019. The EB-5 Regional Center Program was extended along [...]
