News

EB-5 Program – Updated Statistics and Information

Ronald R. Fieldstone USCIS recently published a statistics report on the impact of the EB-5 Program for the fiscal years 2012 and 2013 (downloadable on the Economics and Statistics Administration’s website by clicking here). Furthermore, IIUSA has published statistics on various performance factors concerning the EB-5 Program. Both are summarized below, since the results are […]

EB-5 2017 – Where Are We Now?

Ronald R. Fieldstone Following the December 9, 2016 extension of the EB-5 Regional Center Program until April 28, 2017, there have been additional developments from an administrative, legislative and practical standpoint. Needless to say, the Program remains in limbo as to where it will end up and at what point in time legislation will be […]

USCIS Policy for EB-5 Redeployment and “At-Risk” Issues Discussed at IIUSA Conference

Ronald R. Fieldstone At the October 2016 IIUSA Conference, I was on a distinguished panel of practitioners discussing the topic of redeployment issues. The panel focused on the current USCIS Guidelines that sets forth the concept of “at risk,” which is pursuant to the draft policy statement issued on August 10, 2015 and was discussed […]

China Premier Li Keqiang discusses trade and economic issues in NY

Ronald R. FieldstoneI had the privilege of attending the New York Economic Club Dinner on September 20, 2016, for Premier Li Keqiang of the People’s Republic of China. The Premier held this position since March of 2013 and has been very active in the Chinese government since the 1990s. He was extremely engaging and articulate […]

How to follow USCIS policy when investor is a minor

Ronald R. FieldstoneThere has been a lot of recent discussion on an investment by a minor and how it is treated by USCIS, in addition to the corporate issues related. The key factors to be considered are the following:A minor can be an investor. This was verbally confirmed by one of the Deputies of USCIS to […]

City of Miami EB-5 Regional Center 2016 Conference Update

Ronald R. FieldstoneThe City of Miami Regional Center held a regular presentation on “The Present and Future of the EB-5 Regional Center Program.” The uniqueness of the program involved the presentation of certain public/private partnership transactions being considered which were quite unique and exciting. These projects included the following: Miami Marine Stadium. This is an […]

USCIS Stakeholders Meeting Report – July 2016

Ronald R. FieldstoneThis is a follow-up to the USCIS Stakeholder Engagement held in Miami, Florida on July 28.In attendance from USCIS were the following personnel:Nicholas Colucci, DirectorJan Lyons, EconomistLori McKenzie, DeputyJulia Hanson, IPO DeputyDanielle Scott, Chief Intergovernmental AffairsEddie Pearson, Division ChiefDavid Leckenby, Division ChiefSteve Koch, Deputy Director of Miami District OfficeDirector Colucci gave a general report […]

EB-5 Investor Funds – Merits of Early Release and Related Issues

Ronald R. FieldstoneIt has become quite obvious that the early release mechanism for escrowed funds is becoming the norm and not an exception. The whole concept of early release arose at the end of 2011 when it became apparent that USCIS was not going to undertake premium processing for I-526 Petitions. I was one of […]

EB-5 Loan Administration Best Practices

Ronald R. FieldstoneI have always been a big proponent of loan administration as a key component of EB-5 best practices. It is essential for the integrity of the Program, given the fact that most EB-5 capital is deployed in a loan model, that the loan transaction more closely resembles a traditional loan, in order to […]

EB-5 Industry Update – Securities Law Issues

Ronald R. FieldstoneOn April 21, 2016, at the IIUSA Conference, members of the panel dealing with securities law issues confirmed the following:The SEC will take a more active role in coordinating with other federal agencies, including USCIS.There has clearly been a heightened use of subpoenas to obtain information related to SEC investigations. We have been […]