“We’ve always had clients out of the U.S., but more recently, it’s by far our single biggest jurisdiction of new clients,” Mr. Volek said.
Now that the regional center program has lapsed, maintaining EB-5 capital at-risk through redeployment poses challenges, writes Aaron Grau.
What do “budget reconciliations,” “continuing resolutions,” “omnibuses,” and “minibuses” mean for the future of EB-5? Aaron Grau answers.
Tens of thousands of lawsuits could stem from the Regional Center Program’s lapse, warns IIUSA’s Executive Director Aaron L. Grau.
“The reason for the rule matters when it comes to how the EB-5 program fulfills the policy’s purpose,” writes IIUSA Executive Director Aaron Grau.
Aaron Grau argues that some EB-5 regional center program advocates, in their pursuit of an ideal but unfeasible reform package, are risking re-authorization altogether.
Though the Senate rejected Grassley and Leahy’s request for unanimous consent, reauthorization bills are still pending, writes Aaron Grau.
“Two years ago, my clients were usually men over 50 with a family, and their children were usually older than 16,” Harvey told RFA.
Following a ruling yesterday, the EB-5 Modernization Rule, which raised the program’s minimum investments in 2019, is no longer in effect. That could change quickly.
Aaron L. Grau, Executive Director of IIUSA, asks why “opposition continues to mysteriously fester” regarding EB-5 program reform.
Investment migration people in the news this week include: Jean François Harvey of Harvey Law Group Aaron Grau of IIUSA
Investment migration people in the news this week include: André Miranda of Pinto Ribeiro Luis Lima of APEMIP John Hu
If passed, the bill would see EB-5 wait times for applicants filing today equalized to more than eight years, regardless of country of origin.
In a big week for EB-5, the program received another short-term extension and nearly doubled its number of available visas.
