Author: mona shah

12 Apr How EB-5 Funding Is and Can Be Used

by Mona Shah, Esq. Interestingly, EB-5 funding was not originally intended for real estate. EB-5 is a job creation program; however, the most prevalent use of EB-5 financing has been in real estate projects of various types: from hotels to condominiums to large mixed-use developments, with...

Read More

16 Mar New EB-5 Law Likely to Pass

As of this afternoon, the members of the Board of IIUSA, EB-5’s main trade association and advocacy group, voted unanimously in favor of draft reform legislation for the program. With the blessings of the EB-5 industry’s key players conveyed to Capitol Hill, it is safe...

Read More

13 Mar EB-5 Change Imminent?

Will we finally see change in the EB-5 space? Discussions about what the future of EB-5 would entail have abounded for years now, but it seems we finally have some clarity on the state of proposed reforms. IIUSA met with Republican negotiators and recently released...

Read More

19 Dec REGULATIONS VS LEGISLATION “…If confirmed, I commit to finalizing the proposed EB-5 rules…” USCIS Director Cissna

Author: Mona Shah, Esq. . At Cissna’s Senate Confirmation hearing,October 5, 2017, Cissna was asked: “On January 13, 2017, the Obama Administration proposed rules to improve federal oversight of the EB-5 program and curb some of the worst abuses within it. These proposed rules will soon be...

Read More