00:00 Introduction
02:53 How have the provisions on sustainment of investment changed?
08:46 How do you expect foreign agent registration requirements to work?
13:30 What are the compliance requirements for direct solo projects?
20:10 Is there any kind of structuring mechanism that can replace the old pooled direct and be compliant with the new act?
26:34 What are the requirements for fund administration ?
32:07 How is USCIS going to handle I-956 forms, I-956H forms, and I-956F forms?
37:14 Q&A from audience starts:
37:14 If I-956 application is denied do I get my money back from USCIS ?
37:51 Can somebody who had a 526 pending for some time and they are in the United States in lawful status apply for adjustment of status ?
40:07 Is USCIS going to treat existing Regional Centers and newbies the same in the application process or differently?
43:29 If a China mainland born investor invests in a direct EB5 project within a rural area, is this investor subject to the Visa backlog ?
46:27 What is priority processing?
47:40 Can the dependents adjust if they’re in the US with lawful non-immigrant status but the principal investor is still back in the home country?
49:19 Is there a list of designated high unemployment areas?
Robert C. Divine and Matt Gordon will be sharing what they think are the three most important / interesting effects of the EB5 Reform Act of 2022
Attorneys will be analyzing the impact of various provisions of the EB5 Reform Act such as: Sustainment of the investment requirements (they differ for pre- and post- enactment) and implications, Compliance requirements for direct solo projects, Fund administration requirements, Direct and Third Party Promoters are subject regulation by DHS, including registration of foreign agents with USCIS, Non-Regional Center structures involving more than one investor, USCIS is trying to kill the regional center program, notwithstanding clear congressional intent and more.
About the Speakers
Robert C. Divine, leader of Baker Donelson’s Global Immigration Group and a shareholder who works from the Firm’s Washington, D.C. and Chattanooga offices, concentrates his practice in business immigration and litigation. Mr. Divine has extensive experience serving clients throughout the world in the arrangement of all types of business-based temporary and permanent immigration status, including specialty occupations (H-1B, TN, E-3), individual and blanket international transferee programs (L-1), traders and investors (E-1/E-2, EB-5), medical workers, religious workers, labor certification, national interest waivers and extraordinary ability aliens.
Matt Gordon is the Chief Executive Officer and founder of E3iG. Mr. Gordon’s career spans business operations, finance and law. Since entering the investment-based visa sector, Mr. Gordon has become a noted expert on legal topics related to investment-based visa organizational structure and visa-investment policy. He is the editor of the leading legal treatise on the EB-5 program, “The EB-5 Book” and is a frequent writer and lecturer. He has also done policy work at Harvard University’s Kennedy School of Government and with the White House. In February 2016, Mr. Gordon testified in front of the House of Representatives Judiciary Committee as a policy expert on EB-5 matters.
source