EB-5 News & Updates #230 May 20-27

Posts

Behring Regional Center Lawsuit Update
During a hearing on Thursday, May 14 for the Behring Regional Center v. Wolf, Case No. 3:20-cv-09263 (N.D. Cal), Magistrate Judge Jaqueline Scott Corley heard arguments on whether the former U.S. Secretary of Homeland Security,...
To Sue Or Not To Sue – Episode 139
The United States is a decidedly litigious country, and the EB-5 industry is seeing an increase the number of lawsuits filed against both project developers and the government itself, seeking protection against fraud and misuse of...
Second EB-5 Reauthorization Bill , Identical To The Senate Is Introduced In The House: Promising For The Program’s Future
As the EB-5 Regional Center Program expiration date – June 30th, 2021 – inches closer, there is yet more  positive news coming from Congress that may expedite the reauthorization process.  ...
USCIS Approves Zhang EB-5 Petition Following D.C. Circuit Ruling
In April 2021, USCIS approved the I-526 Petition of Huashan Zhang, a Chinese national who had appealed the denial of his EB-5 petition under USCIS’s recent “Loan Proceeds Policy,” which was invalidated by the U.S. Circuit Court of...
United States: Episode 24: Strategies For Resolving EB-5 Problems Series - Part 3: Litigation Options (Podcast)
The third and final episode in a three-part series about problems in the EB-5 investor program and how we assist our clients in resolving the problems, this episode covers litigation options. If we are not able to resolve investors'...
Reauthorization of EB-5 program vital to hotel industry’s rebound
Since its inception in 1990, the EB-5 program has served as a gateway for qualified foreign investors who must meet specific capital and job creation requirements to obtain permanent U.S. residency. In 1992, Congress created the...
COVID-19 Upends Some TEA Designations
By Mona Shah, Esq. and Christina Dilbone, Esq.   “I didn’t expect radical changes in the TEA world; everything is a relative calculation.” [i] Jeff Carr, EB-5 Economist By the middle of 2020, the COVID-19 pandemic had...

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