Recent Posts
Blog Post
11/04/2015
By Ronald R. Fieldstone

It is apparent, based upon recent publications and my personal experience in the EB-5 industry, that Chinese nationals and companies are taking a far more significant interest in the United States and, in particular, South Florida. This occurrence is in juxtaposition to the Chinese merely seeking EB-5 investors to invest in programs. In particular, several public or government-sponsored Chinese companies have proceeded to undertake projects as developers or co-developers in projects around the United States, including the following:

Blog Post
10/28/2015
By Ronald R. Fieldstone

This report focuses on the securities and corporate implications of legislation grandfathering, assuming there are changes to TEA designation requirements and the TEA minimum funding amount increasing to $800,000+-.

The following legislative options are possible, as well as others:

Blog Post
10/05/2015
By Ronald R. Fieldstone

On October 2, 2015, the Realtors Commercial Alliance of the MIAMI Association of Realtors (RCA MIAMI) hosted a very extensive all-day conference on commercial real estate matters, which included my presentation on EB-5. The take-away from the conference from an EB-5 standpoint comprised the following:

Blog Post
10/02/2015
By Ronald R. Fieldstone

Was It Worth It?

Blog Post
08/25/2015
By Ronald R. Fieldstone

U.S. Citizenship and Immigration Services issued a policy memorandum draft on August 10, 2015, “Guidance on the Job Creation Requirement and Sustainment of the Investment for EB-5 Adjudication of Form I-526 and Form I-829,” which can be found here.

Blog Post
07/31/2015
By Ronald R. Fieldstone

The City of Miami Regional Center held a housing summit on July 29, 2015 to discuss the implications of EB-5 and how it relates to housing, and in particular, workforce housing, affordable housing, mixed-use projects, tax credit issues related thereto, and various compliance issues as well. As part of the process, the discussions involved the following factors:

Blog Post
07/30/2015
By Ronald R. Fieldstone

I was a panelist at a very productive July 29 webinar related to the 1940 Investment Act held on and how it affects the EB-5 program. The entire panel was extraordinarily knowledgeable and added a lot of insight into the process. In summary, the following issues were discussed:

Blog Post
07/29/2015
By Ronald R. Fieldstone

Arnstein & Lehr Miami Partner Ronald Fieldstone was quoted in the South Florida Business Journal article, “EB-5 a good solution for Miami’s affordable housing woes, experts say.” In the article, authored by Senior Reporter Brian Bandell, Mr. Fieldstone provided insight on the EB-5 program as Miami considers using foreign investments to solve the city’s shortage of affordable housing. Blandell wrote:

Blog Post
07/29/2015
By Ronald R. Fieldstone

On July 28, 2015, NES Financial held a highly attended webinar, “Preparing Today for Tomorrow’s Success – Meeting EB-5 Compliance Requirements.” It dealt with the compliance issues related to new proposed Senate legislation that is pending in Congress. The webinar attempted to make the audience more aware of the requirements and issues related to the new compliance proposals and how to address same.

Blog Post
07/15/2015
By Ronald R. Fieldstone

Recently, the Daily Business Review published my article regarding EB-5 financing and its effects in Miami.

South Florida real estate is extremely popular with Latin American buyers and investors but it is Chinese capital that promises to change Miami’s skyline.

Increasingly, Miami attorneys, developers and brokers are traveling to China to promote Miami real estate projects among investors seeking to invest $500,000 on government-approved developments to ultimately obtain the U.S. citizenship.

Blog Post
07/13/2015
By Ronald R. Fieldstone

Arnstein & Lehr Partner Ronald Fieldstone was featured in a June 17 Law360 article, “3 Ways The Proposed EB-5 Overhaul Could Help Developers” by Natalie Rodriguez. The article focuses on the possible impacts of the American Job Creation and Investment Promotion Reform Act of 2015 proposed Senate bill. It breaks it down into three key elements – fundraising, loan terms and program legitimacy.

Blog Post
06/09/2015
By Ronald R. Fieldstone

On Friday, a bill was introduced in the Senate by Senators Leahy and Grassley to totally revamp the EB-5 Program. It is noteworthy that Senator Leahy was the former chairman of the Judiciary Committee and is a Democrat – and also one of the major proponents of the EB-5 Program. Senator Grassley, a Republican, is currently the chairman of the Judiciary Committee and one of the senators more critical of the EB-5 Program.

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