LexisNexis® Legal Newsroom
EB-5 Investor Visa Program A First For Maine

"A new federal program in Franklin County that allows the state to offer green cards and permanent residency in exchange for foreign investment in Maine businesses was hailed Tuesday as a job creator. State Department of Economic Development Commissioner George Gervais announced the creation...

EB-5 investor visa can lead to green card

"As his son moved through high school, Xiaohong Mu began researching the immigration policies of Western countries where he believed his boy would get the best education. The owner of a petroleum-engineering firm in the southwest Chinese city of Chengdu, Mu considered Australia and Canada...

EB-5 'investor visa' program a boon for development funding

"When Andrew Kimball needed $60 million to help redevelop the Brooklyn Navy Yard in 2009, the president of the 300-acre industrial park boarded a plane for China. Halfway around the world, he made a compelling pitch to potential investors packing conference rooms and auditoriums in Beijing...

Investor Visa Holders Worry Reform Will Leave Them Out

"Discussion leading up to the introduction of a comprehensive immigration reform in the U.S. Senate early Wednesday has largely focused on disagreements over a pathway to citizenship for people here illegally. But there’s concern over whether it’ll address those immigrants like Jong...

Investigation Shows Rich Mexicans Seeking Legal Path to Residency Swindled

"In the midst of a growing security crisis in Mexico, the McAllen-based USA Now Regional Center offered Mexican families with money an escape: Invest $500,000 in South Texas and get a legal permanent resident card in the United States. But the offer may have been too good to be true. In mid-July...

Want a Green Card? Invest in Real Estate

"For foreign investors who have the money, the [ EB-5 investor visa ] program can be an easy way to gain legal residency in the United States. In 2009, Yi Lin, 47, was working as a media executive in Shanghai when he began thinking of applying for a green card through the program. He spent two...

EB-5 Investor Visa Proposed Rule

Federal Register / Vol. 82, No. 9 / Friday, January 13, 2017 - "The Department of Homeland Security (DHS) proposes to amend its regulations governing the employment-based, fifth preference (EB–5) immigrant investor classification and associated regional centers to reflect statutory changes...

Expert: Trump, Congress Can Save EB-5 Investor Visa Program

JAVIER C. HERNÁNDEZ, New York Times, Apr. 27, 2017 - "Lawmakers are discussing the EB­5 program this week as they try to reach a deal on the budget and avert a government shutdown. ... The EB-­5 program, created in 1990, allows foreigners and their immediate relatives to apply for...

Expert: Low-Cost Funds Make EB-5 Attractive to Developers

Eric Lipton, Jesse Drucker, New York Times, May 8, 2017 - "It was the first major piece of legislation that President Trump signed into law, and buried on Page 734 was one sentence that brought a potential benefit to the president’s extended family: renewal of a program offering permanent...

Expert: EB-5 Investor Visa Program Can and Should Be Reformed

NPR, May 10, 2017 - "ROBERT SIEGEL, HOST: More now on the EB-5 Immigrant Investor Visa Program. Professor Stephen Yale-Loehr teaches immigration law practice at Cornell University . He's a supporter of the EB-5 visa program, although he says Congress ought to make some changes to it. Professor...

EB-5 Green Card, Ethics and Trump - Cyrus Mehta

Cyrus Mehta, May 22, 2017 - "The EB-5 green card program for foreign investors is very much in the news due to its connection with President Trump! A series of news reports have highlighted the Kushner family’s attempt to raise funds through the EB-5 green card program from Chinese investors...

USCIS Policy Alert: Job Creation and Capital At Risk Requirements for Adjudication of Form I-526 and Form I-829

USCIS, June 14, 2017, PA-2017-01 Policy Alert SUBJECT: Job Creation and Capital At Risk Requirements for Adjudication of Form I-526 and Form I-829 Purpose U.S. Citizenship and Immigration Services (USCIS) is updating the USCIS Policy Manual to provide further guidance regarding the job creation...