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New EB-5 Bill Introduced On June 3rd, Charles Grassley (R-Iowa) and Patrick Leahy (D-Vermont) introduced S.1501 (American Job Creation and Investment Promotion Reform Act of 2015). This newly introduced EB-5 bill, co-sponsored by two influential senators, appears to currently have the strongest chance of passage. EB-5 Stakeholder Engagement On June 4th, the USCIS held an EB-5 Stakeholder Engagement with economists. …

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EB-5 Blog Introduces “Month in Review” January 2015 has been an active month for the EB-5 industry. In our new series titled “Month in Review” we will provide a synopsis of the top EB-5 news, articles and insights from the month before. EB-5 Legislative Developments On January 28, 2015, Colorado Congressman Jared Polis (D) along with Nevada Congressman Mark Amodei …

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The commencement of the Republican-controlled 114th Congress may mean serious trouble for the EB-5 program. On January 8, 2015, Senator Chuck Grassley (R-Iowa) became the first non-lawyer to be elected Chairman of the influential Senate Judiciary Committee, replacing EB-5 proponent Senator Patrick Leahy (D-Vermont).[1] Over the past few years, Senator Chuck Grassley (R-Iowa) has been one of the most vocal …

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EB-5 Blog has officially launched! It is with great pride that our first EB-5 related post covers H.R. 4659, a Bill introduced in Congress on May 13, 2014: “To amend the Immigration and Nationality Act to make the EB-5 regional center program permanent, and for other purposes.” The Bill, sponsored by Representative Aaron Schock [R-IL-18] and cosponsored by Representative Tulsi Gabbard …