Articles

Immigration lawyers face ‘securities minefields’ when helping clients pick EB-5 projects

Posted by GCBI Team on February 9, 2021

Immigration law publisher ILW.com has published an article detailing the “great peril” many immigration lawyers unwittingly face when they help their clients select an EB-5 investment project. Though there are...

EB-5 Expert Discusses how Fund Managers can Avoid Investor Challenges from Redeployment Decisions

Posted by GCBI Team on January 11, 2021

EB-5 fund administrators NES Financial/JTC asked due diligence expert Rupy Cheema why a third-party evaluation of a redeployment investment can be beneficial to the EB-5 Manager and fund. Independent evidence...

Act that would eliminate EB-5 country caps passes Senate

Posted by GCBI Team on December 4, 2020

The Fairness For High-Skilled Immigrants Act of 2020 (S-386) has passed the Senate by unanimous consent. The amended bill returns to the House of Representatives for review and vote. If...

Current and former DHS officials: Mayorkas will bring stability, experience & expertise to immigration & EB-5

Posted by GCBI Team on December 4, 2020

After years of instability, the Department of Homeland Security is poised to be led by Alejandro Mayorkas. And most immigration advocates, DHS officials, and Democrats couldn’t be happier, citing his...

Don’t be afraid of filing a mandamus — and know who your lawyer is working for

Posted by GCBI Team on December 4, 2020

Attorney and former USCIS adjudicator Steve Pazan has insight for investors who are afraid of invoking the ire of a judge or the immigration agency with a mandamus: don’t be....

Q3 2020 EB-5 numbers: I-526 receipts remain extremely low; I-526 denials leap to 37%

Posted by GCBI Team on November 26, 2020

After a staggeringly low 21 I-526 receipts in Q2 2020 (Jan-Mar.), the Q3 (Apr.-June) numbers rose to 40 — still a fraction of what they used to be. Of the...

The South African EB-5 market and its unique perspective

Posted by GCBI Team on November 13, 2020

Cape Town, South Africa's second wealthiest city South African broker-dealer rep Carel van der Merwe and immigration attorney Leon Versfeld discuss EB-5 as it relates to their homeland, including currency...

Key considerations when an EB-5 investor files an I-485 to adjust status in the U.S.

Posted by GCBI Team on August 14, 2020

Immigration lawyer Joesph Barnett says there are five things an EB-5 investor living in the U.S. should know about filing an I-485 to receive conditional permanent residency. Key points include:...

EB-5 tax implications for Canadian investors

Posted by GCBI Team on July 31, 2020

Canada, a top-20 country in FY2019 for EB-5 visas issued, has taxation implications for departing EB-5 investors that should be considered in advance to mitigate the impact. Afterwards, the taxation...

Does the world’s biggest country have big EB-5 potential? Da!

Posted by GCBI Team on July 1, 2020

IIUSA has published an article about the Russian EB-5 market. While this region has its challenges, it represents great potential with 246,000 millionaires (U.S. dollars). And despite political tensions between...