Category: EB-5

U.S. Citizenship and Immigration Services (USCIS) will hold a second engagement (conference call) in the informational series “EB-5 Interactive” on Thursday, June 4, 2015, from 1 to 2:15 p.m. (ET). The topic of discussion will be expenses that are includable (or excludable) for purposes of estimating job creation. Economists from the Immigrant Investor Program will… Read More

Credit Suisse, a financial holding company, released a report saying that there are 128,200 ultra-high net worth (UHNW) individuals in the world. To be classified as an UHNW, a person’s net worth must exceed $50 million. According to the report, the number of UHNW individuals has increased by 98,700 from what it was a year… Read More

The Securities and Exchange Commission recently charged a Los Angeles, California-based immigration attorney, his wife, and his law firm partner with conducting an investment scheme to defraud foreign investors trying to come to the United States through the EB-5 Immigrant Investor Program. The SEC alleges that Justin Moongyu Lee, Rebecca Taewon Lee, and Thomas Edward… Read More

The Securities and Exchange Commission recently charged a Los Angeles, California-based immigration attorney, his wife, and his law firm partner with conducting an investment scheme to defraud foreign investors trying to come to the United States through the EB-5 Immigrant Investor Program. The SEC alleges that Justin Moongyu Lee, Rebecca Taewon Lee, and Thomas Edward… Read More

Recently, the Department of State announced that the annual maximum number of EB-5 visas allotted for Chinese natives had been reached. This means that EB-5 visas were unavailable for natives of China until the start of the new fiscal, which began on October 1, 2014, but there may be a few additional effects.   One potential… Read More