The year 2015 is proving to be a decisive one for EB-5 as the program confronts retrogression and congressional renewal. EB5 Investors Magazine is proud to track these developments, offer analysis and provide a forum for important discussions on best practices within the EB-5 industry.
Over the last ten years, the EB-5 program has continually grown in popularity as one of the few avenues available to prospective immigrants wishing to come to the United States. Because of its obvious benefits for immigrants and Americans alike, demand for EB-5 visas reached an all time high in 2014, leading the State Department to announce a hold on the processing of applications from Chinese investors until more visas become available. This year, the program faces the additional uncertainty of congressional reauthorization. Having acknowledged stakeholders’ concerns over the potential effects of these circumstances, we have brought together top professionals to break down these complex issues, clarify information and provide realistic guidance.
This second issue of EB5 Investors Magazine: Chinese Edition features a rigorous assessment of the impacts of EB-5 visa retrogression on Chinese investors’ project choices. Given the likelihood of increased waiting times for Chinese investors and concerns over inconsistent USCIS interpretation of regulations, it is extremely important to develop strategies that are retrogression-friendly. Until legislative changes remedy retrogression, agents and investor representative must adjust to the new reality.
Highlights of this issue include an overview of the legislative history of the program and an analysis of the most notable sections of the 2015 American Entrepreneurship and Investment Act, introduced by U.S. Congressmen Jared Polis and Mark Amodei in the hopes of making the EB-5 regional center program permanent. For more information on EB-5 legislation, and premier practitioner education be sure to attend our annual California EB-5 Conference in Los Angeles on August 2 & 3, 2015. We are excited to welcome back one of the EB-5 program’s biggest supporters: Keynote Speaker and House Judiciary Chairman Bob Goodlatte.
Ali Jahangiri, CEO