MODERNIZING & STREAMLINING OUR LEGAL IMMIGRATION SYSTEM FOR THE 21ST CENTURY

Download: e9.pdf
Free

I. Executive Summary

On November 20, 2014, President Obama acted within his authority to take executive action to fix our broken immigration system. He announced critical measures that enhance border security; create accountability for certain undocumented individuals; and modernize our legal immigration systems for high-skilled workers, entrepreneurs, students, and families. These steps are enhancing the integrity of our immigration system and national security while contributing to our economy. According to the Council of Economic Advisors, the President’s executive actions, if fully implemented, would be expected to boost our nation’s gross domestic product (GDP) by between $100 billion and $250 billion, expand the size of the American labor force, and raise average annual wages for U.S.-born workers by 0.4 percent, or $220 in today’s dollars, over the next 10 years. The President’s actions would also cut the Federal deficit by $30 billion in 2024.

As a part of these actions, President Obama issued a Presidential Memorandum on “Modernizing and Streamlining the U.S. Immigrant Visa System for the 21st Century.” In this Memorandum, the President directed the Secretary of State and the Secretary of Homeland Security to lead an interagency effort to develop recommendations, in consultation with stakeholders and experts, to:

(1) reduce government costs, improve services for applicants, reduce burdens on employers, and combat waste, fraud, and abuse in the system;

(2) ensure that policies, practices, and systems use all of the visa numbers that Congress provides for and intends to be used, consistent with demand; and

(3) modernize the information technology infrastructure underlying the visa processing system with the goal to reduce redundant systems, improve the experience of applicants, and enable better oversight


Product Files (DOWNLOAD)
 e9.pdf 
MODERNIZING & STREAMLINING OUR LEGAL IMMIGRATION SYSTEM FOR THE 21ST CENTURY



Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.