A Divisive Storm Brewing Over IIUSA EB-5 Lawsuit (IMI)
By Mona Shah, Esq.
The US EB-5 industry is currently witnessing an unprecedented rift, ignited by the ongoing lawsuit: Invest in the USA (IIUSA) v. United States Department of Homeland Security, presided over by Federal Judge Ana C. Reyes. This litigation, filed by IIUSA—the industry’s foremost trade association representing regional centers and EB-5 Lawyers and other service providers—has stirred considerable tensions, revealing significant fractures among stakeholders within the EB-5 ecosystem. Â
Capital redeployment in EB-5 has been and continues to be one of the most important topics for the industry today. There is an estimated $15 billion invested into projects all over the US, pre 2022 and a whopping $6.125 billion from 2022-2024 that could potentially be redeployed.
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