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During the past few months, there has been a pretty intense debate raged on many of the LinkedIn EB-5 Groups regarding the benefits of Direct EB-5 vs. Regional Center EB-5s. The debate, unfortunately, took a pretty nasty turn as the proponent of Direct EB-5s tried to engage the Regional Center side by calling everyone names. [...]

“Are we there yet?” Now that the Regional Center Pilot Program has been extended for another three years, the topic of premium processing is bound to come up again. Here’s a bit of background for the new comers to the industry. Back in the day, when EB-5s were not as popular and the USCIS California [...]

First, hope you all had a good summer! I haven’t been able to post over the summer but am now back with a bang, now that the Senate has approved the extension of the Regional Center Pilot Program for another three years. While we weren’t able to get the Regional Center Pilot Program based into [...]

Generally, when an investor chooses a Regional Center project to invest in, she will wire her funds to the Regional Center’s escrow account. The EB-5 regulations require that funds must have been “invested” (or be in the process of investing – though no one wants to take a chance on that anymore) in a U.S. [...]

This is not EB-5 related, but I'm trying to spread the word through as many channels as possible, so please excuse the digression. Some of you know that I have a special interest in autism in the Korean-American community because one of my children is autistic. So I've been planning an autism conference for the [...]

Please come see me speak on the Foreign Investment Panel at the TerraCRG Brooklyn Real Estate Summit which will be held on Thursday, June 14, 2012. My fellow panelists will be: Steven Polivy, Chair – Economic Development & Incentives Practice, Akerman Senterfitt George Olsen, Managing Principal, New York City Regional Center Brian Su, President & CEO, Artisan Business Group Paul Travis, Managing [...]

Readers of this blog know that the new direction that the USCIS has taken regarding how to count tenant created jobs has thrown a monkey wrench into the program as we know it. If you haven't heard about this big EB-5 topic of the first half of 2012, you can read my analysis here. To [...]

California announced on its website a few weeks ago that it would no longer issue TEA letters for individual projects. Instead, it has issued a blanket TEA letter designating certain municipalities as qualifying for TEA status. While providing certainty for some projects that will be located on this list, for many new projects that could [...]

April is coming to an end and you know what that means: the EB-5 quarterly stakeholder meeting is just around the corner! Four times a year, the USCIS "engages" with the EB-5 community via conference call. Anyone can dial in and ask questions and these quarterly engagement calls are one of the EB-5 community's main [...]

As many of you have been hearing ad nauseum, the EB-5 Regional Center Pilot Program is scheduled to sunset on September 30, 2012. For the avoidance of confusion let me make it clear that the subject of the potential sunset is NOT the EB-5 visa program but the Regional Center Pilot Program. The Pilot program [...]