Recent Posts
Blog Post
08/01/2016
By Ronald R. Fieldstone

This is a follow-up to the USCIS Stakeholder Engagement held in Miami, Florida on July 28.

In attendance from USCIS were the following personnel:

Blog Post
07/27/2016
By Ronald R. Fieldstone

It has become quite obvious that the early release mechanism for escrowed funds is becoming the norm and not an exception. The whole concept of early release arose at the end of 2011 when it became apparent that USCIS was not going to undertake premium processing for I-526 Petitions. I was one of the initial architects of the early release concept when it became obvious the developers could not wait one and half to two years to receive funds after I-526 approval given the substantial time delays in receiving adjudication.

Blog Post
07/13/2016
By Ronald R. Fieldstone

I have always been a big proponent of loan administration as a key component of EB-5 best practices. It is essential for the integrity of the Program, given the fact that most EB-5 capital is deployed in a loan model, that the loan transaction more closely resembles a traditional loan, in order to protect the EB-5 lending company and its investors in the same manner that a lender would protect itself in a traditional loan transaction.

Blog Post
05/13/2016
By Ronald R. Fieldstone

On April 21, 2016, at the IIUSA Conference, members of the panel dealing with securities law issues confirmed the following:

Blog Post
04/22/2016
By Ronald R. Fieldstone

This post will address only the Jay Peak circumstances, subject matter which prevailed at the 2016 IIUSA EB-5 Advocacy Conference in Washington, D.C. Additionally, this post will serve as contemplation of several of my follow-up telephone calls with immigration counsel and their investors who are investors in the Jay Peak projects.

Needless to say, the Jay Peak situation was a major topic of conversation at the IIUSA conference both formally and informally. The concerns reflected the following:

Blog Post
03/21/2016
By Ronald R. Fieldstone

On March 17, I attended the 6th Annual Invest in America Summit held in Beijing. As a follow-up to my post last week, I will address the following issues that resulted from the conference.

Blog Post
03/15/2016
By Ronald R. Fieldstone

On March 12-13, I attended the excellent 6th Annual Invest in America Summit held in Shanghai. It was extremely well attended with many outstanding panel speakers.

Blog Post
02/27/2016
By Ronald R. Fieldstone

Julian Montero, Jay Rosen, and I recently attended and lectured at the NES Financial EB-5 Innovation Summit, which was held in Los Angeles, San Francisco, New York and Miami.

Blog Post
01/19/2016
By Ronald R. Fieldstone

I attended the 2016 EB-5 Investors Magazine Conference in Las Vegas held on January 15-16, 2016. The conference had about 800 attendees, which is the largest EB-5 conference I have attended. Seventy Chinese marketing agents were invited to attend and network with the crowd. Many of the top EB-5 professionals were at the conference.

The following are the key takeaways:

Blog Post
12/21/2015
By Ronald R. Fieldstone

As promised, after the existing EB5 legislation was renewed without change until September 30, 2015, Senators Flake, Cornyn and Schumer presented S. 2415 as "A bill to implement integrity measures to strengthen the EB-5 Regional Center Program in order to promote and reform foreign capital investment and job creation in American communities; to the Committee on the Judiciary."

I have analyzed the new legislation and compared it to the prior bill introduced on or about December 9. These are my observations and comments:

Blog Post
12/16/2015
By Ronald R. Fieldstone

After much fanfare, stress and tremendous negotiations taking place within Congress and the lobbyists trying to influence the process, a compromise EB-5 bill could not be agreed upon. Therefore, the Senate and in house committees have approved a one year extension until September 30, 2016. Currently, the extension is anticipated to have no changes*. The extension is expected to be approved by Congress in the next few days.

Key issues of negotiation included among other matters the following:

Blog Post
12/07/2015
By Ronald R. Fieldstone

The revised draft of EB-5 Senate Bill S 1501 (Leahy-Grassley) was released last week and is very controversial. Some organizations support passage and others do not. I see many flaws in the proposed bill that will be summarized below:

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