"Sarah Towle joins The Great Battlefield podcast to talk about her book "Crossing the Line: Finding America in the Borderlands" where she writes about how unwelcoming our government is to...
Valerie Lacarte, Ph.D., Aug. 2024 "The charge that immigrants are taking jobs from U.S.-born Black workers has made its way from conspiracy circles to the broader public conversation this election...
I have some thoughts for the Harris/Walz team, the Supreme Court, Congress, DHS, DOL, and DOJ regarding the border. Please consider subscribing to my free Substack . Comments welcome via Substack,...
Eric Asimov, New York Times, Aug. 27, 2024 (gift article) "Arjav Ezekiel rose through the restaurant ranks becoming a sommelier and opening Birdie’s in Austin, Texas. Few knew of his past...
Robert F. Kennedy Human Rights, the ACLU, the ACLU of Louisiana, Immigration Services & Legal Advocacy, National Immigration Project, Aug. 26. 2024 "A coalition of immigrants’ rights groups...
Nicolai Hinrichsen, Stephen Yale-Loehr and Adam Schaye, Mar. 21, 2022
"...Like a phoenix rising from the ashes, the regional center program has been resurrected. On March 15, 2022, President Biden signed a $1.5 trillion omnibus spending bill that included the EB-5 Reform and Integrity Act of 2022 (the “2022 EB-5 Act”).3 The 2022 EB-5 Act extends the regional center program for five years, until September 30, 2027. It also makes major changes to the regional center program. Highlights include:• Increasing the minimum investment amount to $800,000 for projects in targeted employment areas (TEAs) or “infrastructure projects.” Otherwise, the investment amount is $1,050,000;• Permitting concurrent filing of adjustment of status applications with I-526 petitions;• Establishing age out and project failure protections for dependents and investors in certain circumstances;• Enacting grandfathering provisions permitting USCIS to continue to process EB-5 petitions if the EB-5 regional center program lapses in the future;• Codifying that USCIS, not States, are to designate TEAs using only single or adjacent census tracts;• Requiring a fund administrator for most EB-5 projects;• Imposing myriad regional center reporting requirements, participant restrictions, and sanctions on bad actors;• Establishing an EB-5 Integrity Fund to finance USCIS investigations and site visits in the United States and abroad; and
• Requiring promoters and migration agents to register with USCIS and disclose fees earned from investors and regional centers.
This article describes generally how the 2022 EB-5 Act affects existing investors, future investors, regional centers, project developers, and overseas migration agents."
© Copyright 2022 by Nicolai Hinrichsen, Adam Schaye, and Stephen Yale-Loehr. All rights reserved.