LexisNexis® Legal Newsroom
Will Austin Grow Green EB-5 Visas?

"Saying Austin can become a magnet for investment in green energy jobs, Mayor Lee Leffingwell unveiled plans Monday to take part in a federal program that lets foreign investors earn green cards in exchange for creating jobs. Flanked by a host of Austin elected officials, including state...

Construction Jobs Count in EB-5 Projects: Can We Count the Jobs with Confidence?

For the more seasoned EB-5 practitioner, memories of when construction jobs could not be counted towards the job creation requirement remain vivid. While it is true that the some construction jobs may now be counted, with the plethora of real estate projects being introduced and managed by Regional...

SEC Says Immigration Program Offering Path to U.S. Citizenship Used to Defraud 250 Investors

A path to U.S. citizenship premised on an immigration program crafted to help create jobs, and surrounded with misrepresentations and false documents was the lure used by Anshoo Seithi and his controlled entities to defraud 250 investors of millions of dollars, according to an SEC complaint. The Commission...