Immigration News

EB-5 Officially Extended to December 22

As expected, yesterday (December 7), in a Continued Resolution, Congress voted to extend federal funding to many government programs which includes the  EB-5 Regional Center Program. The CR is a clean extension, which means that it was extended with no changes. It is further expected that...

finra rule regarding payments
FINRA Rule Regarding Payments to Foreign Agents

By Omar Hakim, Esq. Earlier this week, FINRA Rule 2040 (the “Rule”) went into effect.  The Rule requires all FINRA members to disclose to investors all fees and commissions paid to foreign agents and to receive written acknowledgement by investors that they are aware of these...

regional center & eb-5 visa
USCIS Issues Warning Regarding Regional Center Names

By Omar Hakim, Esq. Yesterday, USCIS issued a warning advising that EB-5 regional centers and related commercial enterprises should not contain the words “United States,” “U.S.,” “US” and “Federal” in their names.  The concern is that using such names may give the false impression that there...