Tag Archives: EB-5 program

EB-5 Redeployment and the New USCIS Policy Guidelines

Arnstein & Lehr Attorney Ronald Fieldstone

Ronald R. Fieldstone

It seems as though the EB-5 Program is a moving target. First, we received notification in August of 2015 that loans could be repaid before I-829 final adjudication after the required jobs have been created, provided that funds were then deployed in an “at-risk” activity. Then the Policy Guidelines attempted with great difficulty of trying to clarify what “at-risk” means. One could argue that their examples and statements both directly and through footnotes created more confusion than clarification.

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EB-5 Program – Updated Statistics and Information

Arnstein & Lehr Attorney Ronald Fieldstone

Ronald R. Fieldstone

USCIS recently published a statistics report on the impact of the EB-5 Program for the fiscal years 2012 and 2013, which can be downloaded on the Economics and Statistics Administration’s website by clicking here. Furthermore, IIUSA has also published statistics on various performance factors concerning the EB-5 Program. Both are summarized below, since the results are quite interesting.

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Ronald Fieldstone authors article for REBusiness on the advantages of the EB-5 program

Arnstein & Lehr attorney Ronald R. Fieldstone

Ronald R. Fieldstone

Arnstein & Lehr Miami Partner Ronald R. Fieldstone wrote an article, “EB-5 Program Infuses Foreign Capital Into U.S.,” for REBusiness Online on September 11. In the article, Mr. Fieldstone discusses how the the EB-5 program has generated a unique opportunity for real estate developers and operators. He states, “The program provides needed capital, job creation and the migration of wealthy foreigners to the U.S. To date more than $3 billion of capital has been funded under the program.”

Additionally, Mr. Fieldstone provides three main factors in the evaluation process to meet the competitive demand for investor capital. He also gives examples of various ways the program is being utilized.

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Ronald R. Fieldstone writes blog for Miami Herald on EB-5 program

Arnstein & Lehr Attorney Ronald R. Fieldstone

Ronald R. Fieldstone

Arnstein & Lehr Miami Partner Ronald R. Fieldstone wrote an EB-5 blog post that was recently published in The Miami Herald’s website. The post, titled “View: EB-5 program can be lifeline to capital,” discusses how the EB-5 program has enabled foreign investors to obtain green cards by investing money in new or existing commercial enterprises that create at least 10 U.S. jobs. Mr. Fieldstone provides guidance to small businesses on how to seek EB-5 funding and explains that through fiscal year 2011, it has been estimated that up 65,000 jobs and $3.1 billion dollars of investment have been made through the EB-5 program.

To read the article in full, please click here.

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ILN Today Post

Prospects For Development Of EB-5 Regional Centre To Sponsor Foreign Investment In The US Immigration Program

The EB-5 Program for lawful permanent residence is currently administered by US Citizenship and Immigration Services (USCIS). The Program has concurrent goals of immigration to the US through qualified investment into a commercial enterprise, and job creation for US, citizens or lawful residents. Investors receive conditional residency after taking the risk in a qualified investment of their own creation, or as part of a partnership or limited liability company in a regional centre. After two years of receiving such status, the investor may apply for a removal of conditional status at which time it must be shown that 10 qualifying full-time job positions per investor have been created, some direct, some indirect.

The required investment level is $1m unless the investment is made into a business located in a targeted employment area (unemployment rate that is 150 percent or more of national coverage), or a rural region (less than 20,000 population) or a troubled business enterprise (at least 20 percent decline in value over past 12 to 24 months), at which time a reduced investment of $500,000 is required.

To see the full article, please click here.

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