Category: EB-5

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

The EB-5 investor visa program has created numerous jobs in the United States, allowed for the funding of many businesses and real estate projects, and has allowed thousands of high net worth individuals to immigrate to the U.S. and become tax payers. The EB-5 program unfortunately has a history which includes some examples of improper… Read More

As reports and allegations of misappropriation of EB-5 funds become more common, it is more important than ever for potential EB-5 investors to do due diligence before choosing a project or Regional Center. One example of a problematic EB-5 project came to light in a complaint recently filed by the Securities Exchange Commission (SEC). According… Read More

Project developers are increasingly turning to the EB-5 Immigrant Investor Visa Program to raise capital. A designation as a Regional Center by United States Citizenship and Immigration Services (USCIS) allows a project developer to raise funds from foreign investors, who in exchange receive an EB-5 visa, and eventually a Green Card. If you are a… Read More