EB-5 Updated May 2018

EB-5 Updated May 2018

The EB-5 program has been extended to the end of September. There is pressure on Congress to increase investment from $500,000 to $925,000 or higher. In fact, on April 5th, Senate and House Judiciary Committee chairmen Chuck Grassley (R-Iowa) and Bob Goodlatte (R-Va.) and former Senate Judiciary Committee chairman Patrick Leahy (D-Vt.) issued a letter to the Secretary of Homeland Security, urging the swift implementation of changes to the EB-5 program, including raising the minimum investment amount from $500,000 to $1.35 million. You can read more about this here: Grassley, Goodlatte, Leahy Urge Trump Administration to Finalize EB-5 Regulatory Reforms.

Also, take note that the SEC recently took action against an unregistered EB-5 broker. As you will read, in the linked NMS Capital Article this action is going to be a huge deal in EB-5 because the same format this individual used is what many regional centers and marketing firms promoting EB-5 programs are using to get compensated. NMS Capital Advisors, LLC is a registered broker dealer with the SEC and member of FINRA and SIPC, who think it is only a matter of time until the SEC goes after more individuals in EB-5. Here is a link to the article: SEC Takes Definitive Action on the Sale of EB-5 Securities - Industry Stakeholders Should Take Notice

Litwin & Smith can successfully guide you through the EB-5 Process

We don't always recommend the EB5 program where E, H, L or other visas may be available. Simply because the EB5 path currently takes so long. Below, please find some information about the EB-5 program you may already know. You may also find information about the investment visa on our page describing how to immigrate through investment.

Contact Litwin & Smith Experienced Bay Area EB-5 Attorneys

If you have clients who are interested in moving forward with EB-5, please have them contact Litwin & to help them through the process. To fully discuss if the EB-5 program is appropriate for you and your family, we recommend you schedule a consultation appointment with a Litwin & Smith attorney. In that consultation we would provide you valuable information specific to your needs and answer all the questions that you have. Please email us or call our office at 650-490-4545 to schedule a time and day convenient for you.

About us

Litwin & Smith, A Law Corporation limits its practice to U.S. immigration law and related issues. Our firm is nationally recognized as a premier immigration law firm. We routinely provide immigration assistance to people from all over the world. We have one compelling mission: to assist investors, owners, executives, managers, employees, and other intending immigrants in obtaining their immigration goals. We have dedicated our careers to developing and maintaining expertise in immigration law and know how to assist people around the world live and work in the USA. We have offices conveniently located in Santa Clara, South San Francisco and San Francisco and telephone appointments can be scheduled as well.