Search Subject: March 2013 [Clear]

March 21 2013

The EB-5 News Continues at an Even Faster Pace

China EB-5 quotas In its March visa bulletin, the Department of State (DOS) has revised a previous estimate that China would exhaust its quota and create a backlog in 2013. Here is what the DOS now says: Currently there is no reason to believe that it will be necessary to establish a...

Read More

March 7 2013

USCIS Ombudsman

On March 5, 2013, I attended the Department of Homeland Security USCIS Ombudsman* EB-5 Stakeholders meeting in Washington, D.C.  Interestingly, this meeting was not publicized by USCIS. Ombudsman Maria Odom expressed interest in the EB-5 program. Also at the meeting were other members of her staff who have been very interested...

Read More

March 1 2013

SEC Regional Center Fraud Investigation and SEC Compliance

The SEC has filed charges against and has frozen the assets of the Intercontinental Regional Center Trust of Chicago, LLC (“IRCTC”).  The Chicago Tribune ran a long story on this matter. There has been, and will be, more press coverage about this case in the U.S. and China. IRCTC raised more than...

Read More