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5 Reasons Why the EB-5 Program Will Flourish in 2014: Bernard P. Wolfsdorf

February 11, 2014 (1 min read)

"This year, the EB-5 Immigrant Visa Category will be 24 years old.  2014 is also the Year of the Horse on the Chinese Zodiac, and the spirit of the horse embodies unremitting efforts to improve.  Over the past two years, the EB-5 Program has undergone tremendous change, culminating in the issuance of the May 30, 2013 U.S. Citizenship and Immigration Services (“USCIS”) memorandum.  Like the horse, this long-awaited guidance, which provides clarity on many of the most controversial and problematic issues to have plagued EB-5 adjudications in recent history, is energetic, bright, mostly warm-hearted, intelligent and able.  The following are my predictions for how we can expect EB-5 adjudications, policies and processes to manifest these horsey characteristics in 2014..." - Bernard P. Wolfsdorf, Feb. 10, 2014.