The EB-5 Regional Center Program should stay expired as a better alternative already exists

The EB-5 Regional Center Program has expired. The program may be brought back to life — but the American economy will be better served if it isn’t.Yes, the Regional Center Program has helped stimulate commercial real estate development in the U.S. and had some economic benefits, but it never lived up to its mandate of creating permanent jobs and stimulating areas in need.And the program has been in the news over the years for all the wrong reasons including fraud, failed projects, improper supervision, abusing Target Employment Area regulations, and improper transaction-based compensation payments.The program should stay expired for one simple reason: A far more capable replacement program already exists.Since the summer of 2021, the original and permanent “direct” EB-5 program has been operating efficiently, and quietly fulfilling the mandate of the EB-5 program.

Politics & Policy

EB-5 investor group meets with Congressional staff, sees ‘no urgency for reauthorization'

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Commentary

6 immigration lawyers reflect on 2021 — and predict 2022 and beyond for EB-5

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EB-5 investor requirements

5 Min

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Politics & Policy

DHS drops appeal of Behring lawsuit — $500,000 EB-5 investments will stick around

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Fraud

Contrary to defendant’s wish, judge says fraudulent developer needs receivership supervision

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Politics & Policy

EB-5 legislation is the problem and solution for regional center reauthorization

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Politics & Policy

IIUSA urges USCIS to continue to hold pending EB-5 petitions in abeyance in 2022

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Politics & Policy

Continuing resolution keeps EB-5 reauthorization at bay until at least late February

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Commentary

The role of due diligence in EB-5 in 2021

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Fraud

Investors in Palm Beach hotel scam awarded $37 million

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Processing Times

Could direct EB-5 processing times be less than a year?

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Fraud

California developer pleads guilty to defrauding investors, using over $2 million for personal expenses

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Global Markets

Indian students enter U.S. in record numbers — EB-5 is one of their best routes

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Fraud

Investors suing Vermont blocked from records

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Politics & Policy

Will ambitious industry-consensus reauthorization text be attached to a December appropriations bill?

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Commentary

Creating jobs? Your business could raise low-cost, non-dilutive, equity capital with EB-5

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Commentary

American Industrial Brands raises capital for expansion through the direct EB-5 investment program

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Politics & Policy

Biden lifting travel ban is good news for EB-5

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Webinar

Q&A with Chairman of 12-15 Molecular Diagnostics

47 Min

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Fraud

Unsealed records: Vermont State knew of rampant fraud one year before stopping Jay Peak and other projects

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The migration of HNWI from Chile and other Latin American countries into the U.S.

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Former Jay Peak president alleges state of Vermont complicit in Jay Peak fraud, asks judge to release sealed records

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Webinar

Q&A with Robert Easter (President) and Chuck Dockery (CEO) of American Industrial Brands

48 Min

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Commentary

How direct EB-5 investments help the U.S. economy (in ways that regional center investments do not)

12 Min

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Politics & Policy

USCIS appeals June 22 court decision, challenges return of $500,000 EB-5 investment amount

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Politics & Policy

Biden’s pick Ur Jaddou confirmed to lead USCIS; improved EB-5 processing is a priority

1 Min

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Quiros could face up to 8 years in jail for biomedical facility fraud; Stenger’s lawyers want to cross-examine developer

2 Min

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Processing Times

August Visa Bulletin: Vietnam is now ‘current’ in non-regional center EB-5 program

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