Tuesday, April 29, 2014
USCIS Hears Feedback on EB-5 Program
On April 24th, USCIS held a listening session where stakeholders could provide comments on what is and is not working with the EB-5 program. My friend Angelo Paparelli offers highlights from the meeting on his blog Nation of Immigrators.
# posted by Greg Siskind @ 7:24 AM
Sunday, April 20, 2014
South Dakota Newspaper Provides Back Story on Regional Center Failure
A South Dakota newspaper has provided an in depth report on the state's troubled EB-5 regional center program. From the Rapid City Journal:
The need for dairy cows led to state government’s decision to seek foreign investors.
The initiative grew into a global program that attracted hundreds of millions of dollars from investors in China and South Korea.
For $500,000 apiece plus fees for lawyers and services, foreigners could invest in a project and if enough jobs were created receive federal immigration clearance to live in the U.S.
Eleven years later, Gov. Dennis Daugaard shut down the EB-5 program that has left a mixed record and unanswered questions in its wake.
A central figure in the operation is dead. Others were hurt or wiped out financially. One project failed. One business solidified itself. Two energy projects paid less for financing. Another casino was built.
And former Gov. Mike Rounds finds himself answering questions about what happened from 2003 through 2010 as he now runs for the U.S. Senate.
# posted by Greg Siskind @ 6:32 PM
Thursday, April 17, 2014
USCIS Hosting Listening Session on EB-5 Regs on 4/23
From USCIS:
U.S. Citizenship and Immigration
Services (USCIS) invites you to participate in a stakeholder teleconference on Wednesday, April 23, 2014, from 2:30 p.m.
to 4 p.m. (Eastern) to discuss future regulatory changes for
the EB-5 Immigrant Investor Program.
USCIS is beginning work on revised
EB-5 regulations. Regulatory revision has been identified as an important step
for the future of the EB-5 Program and is an agency priority. We invite EB-5
stakeholders to provide feedback on EB-5 regulations as we work toward making
regulatory improvements to strengthen the efficiency, predictability,
and integrity of the EB-5 program.
During this engagement, USCIS
officials will listen to your feedback and input on changes to the EB-5
regulations. Feedback and input can be related to:
- Methods to combat fraud and abuse
- How to improve upon current regulations
- Substantive eligibility requirements
- Procedural filing requirements
For those unable to attend, we will
hold a follow-up discussion in the USCIS
Idea Community. We encourage you to become a part of the discussion
starting on April 24, 2014.
To register for this session,
please follow the steps below:
- Visit our registration page
to confirm your participation
- Enter your email address and select “Submit”
- Select “Subscriber Preferences”
- Select the “Event Registration” tab
- Be sure to provide your full name and organization
- Complete the questions and select “Submit”
Once your registration is processed, you will
receive a confirmation email with additional details.
# posted by Greg Siskind @ 5:24 AM
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# posted by Greg Siskind @ 7:24 AM
A South Dakota newspaper has provided an in depth report on the state's troubled EB-5 regional center program. From the Rapid City Journal:
The need for dairy cows led to state government’s decision to seek foreign investors.
The initiative grew into a global program that attracted hundreds of millions of dollars from investors in China and South Korea.
For $500,000 apiece plus fees for lawyers and services, foreigners could invest in a project and if enough jobs were created receive federal immigration clearance to live in the U.S.
Eleven years later, Gov. Dennis Daugaard shut down the EB-5 program that has left a mixed record and unanswered questions in its wake.
A central figure in the operation is dead. Others were hurt or wiped out financially. One project failed. One business solidified itself. Two energy projects paid less for financing. Another casino was built.
And former Gov. Mike Rounds finds himself answering questions about what happened from 2003 through 2010 as he now runs for the U.S. Senate.
# posted by Greg Siskind @ 6:32 PM
Thursday, April 17, 2014
USCIS Hosting Listening Session on EB-5 Regs on 4/23
From USCIS:
U.S. Citizenship and Immigration
Services (USCIS) invites you to participate in a stakeholder teleconference on Wednesday, April 23, 2014, from 2:30 p.m.
to 4 p.m. (Eastern) to discuss future regulatory changes for
the EB-5 Immigrant Investor Program.
USCIS is beginning work on revised
EB-5 regulations. Regulatory revision has been identified as an important step
for the future of the EB-5 Program and is an agency priority. We invite EB-5
stakeholders to provide feedback on EB-5 regulations as we work toward making
regulatory improvements to strengthen the efficiency, predictability,
and integrity of the EB-5 program.
During this engagement, USCIS
officials will listen to your feedback and input on changes to the EB-5
regulations. Feedback and input can be related to:
- Methods to combat fraud and abuse
- How to improve upon current regulations
- Substantive eligibility requirements
- Procedural filing requirements
For those unable to attend, we will
hold a follow-up discussion in the USCIS
Idea Community. We encourage you to become a part of the discussion
starting on April 24, 2014.
To register for this session,
please follow the steps below:
- Visit our registration page
to confirm your participation
- Enter your email address and select “Submit”
- Select “Subscriber Preferences”
- Select the “Event Registration” tab
- Be sure to provide your full name and organization
- Complete the questions and select “Submit”
Once your registration is processed, you will
receive a confirmation email with additional details.
# posted by Greg Siskind @ 5:24 AM
XML newsfeed
archives
December 2007
March 2008
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February 2009
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U.S. Citizenship and Immigration
Services (USCIS) invites you to participate in a stakeholder teleconference on Wednesday, April 23, 2014, from 2:30 p.m.
to 4 p.m. (Eastern) to discuss future regulatory changes for
the EB-5 Immigrant Investor Program.
USCIS is beginning work on revised
EB-5 regulations. Regulatory revision has been identified as an important step
for the future of the EB-5 Program and is an agency priority. We invite EB-5
stakeholders to provide feedback on EB-5 regulations as we work toward making
regulatory improvements to strengthen the efficiency, predictability,
and integrity of the EB-5 program.
During this engagement, USCIS
officials will listen to your feedback and input on changes to the EB-5
regulations. Feedback and input can be related to:
- Methods to combat fraud and abuse
- How to improve upon current regulations
- Substantive eligibility requirements
- Procedural filing requirements
For those unable to attend, we will
hold a follow-up discussion in the USCIS
Idea Community. We encourage you to become a part of the discussion
starting on April 24, 2014.
To register for this session,
please follow the steps below:
- Visit our registration page
to confirm your participation
- Enter your email address and select “Submit”
- Select “Subscriber Preferences”
- Select the “Event Registration” tab
- Be sure to provide your full name and organization
- Complete the questions and select “Submit”
Once your registration is processed, you will
receive a confirmation email with additional details.
# posted by Greg Siskind @ 5:24 AM
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