Mar
    04

    SelectUSA Summit to Showcase Diversity of U.S. Investment Opportunities for Foreign Investors

    As an exhibitor and sponsor of the Second Annual SelectUSA Summit (March 23-24, 2015) IIUSA is proud to represent the EB-5 industry at an event with the sole focus of delivering foreign direct investment (FDI) to communities around the country.

    Already, more than 2,000 people from 77 countries have registered for the Summit, which promises to be an unparalleled opportunity to facilitate investment in the United States.

    SelectUSA Academy – Sunday March 22nd 

    The SelectUSA Academy is an intensive, practical orientation that will present the basics of investing in the United States at a level of detail that will not be covered during the main portion of the Summit. The Academy is set up in two tracks for international investors and economic development organizations (EDOs). The Academy will run from 2:00-5:45pm followed by a special networking reception.

    The Investor Track will primarily target investors who are new to the U.S. market and feature sessions on the investment process, what international firms should look for when investing, partnering with EDOs and resources for navigating investor visas.

    The EDO Track, tailored to state and local governments and economic development organizations, will focus on trends and resources to help EDOs achieve their FDI attraction goals. Sessions will cover how global companies approach expansion to the U.S., building, executing and sustaining an FDI strategy, the EB-5 Program and FDI development and trends in reshoring and FDI.

    The EB-5 Panel, titled “EB-5: How Does it Fit with FDI Development?” will be led by  IIUSA Executive Director Peter Joseph, IIUSA Director Angel Brunner (President, EB5 Capital) and Vermont EB-5 Regional Center Executive Director Brent Raymond. The focus of this panel is to educate economic development organizations (EDOs) on best practices in EB-5 funding.

    • To sign up for the Academy, register for the SelectUSA InvestmentSummit as an International Firm, U.S. EDO, or Exhibitor, then select the “SelectUSA Academy” add-on ($95) during the registration process. If you are already attending the Summit and want to update your registration to include the Academy, please contact the Summit event planner at info@selectusasummit.com with your confirmation number.
    • Click here to view the Summit Academy flyer.
    • Click here to view the agenda for the Summit Academy.
    Second Annual SelectUSA Summit – Monday-Tuesday March 23-24

    The Second Annual SelectUSA Summit is designed to bring together investors from all over the world, as well as economic development organizations from every corner of the United States, high-level government officials, and others working to facilitate investment in the United States.

    On February 19th, U.S. Secretary of Commerce Penny Pritzker announced that 26 U.S. ambassadors are currently signed up to personally lead delegations of investors to the 2015 SelectUSA Investment Summit. A full list of ambassadors attending the conference  can be found here. U.S. ambassadors and their teams in embassies and consulates on every continent are recruiting high-potential investors to participate.

    Additionally, panelists will include high-profile CEOs who have successfully invested in the United States, state and local leaders, industry association leadership, and other experts at the forefront of investment. Confirmed speakers include U.S. Secretary of Commerce Penny Pritzker, Bruce Andrews, Deputy Secretary of Commerce and Vinai Thummalapally, Executive Director, SelectUSA.

    Join IIUSA in representing the EB-5 Program at this year’s SelectUSA Summit!

    Mar
    03

    Sign Up for Tomorrow’s IIUSA Webinar: Securities Laws & EB-5: Broker-Dealer Business Model (Wednesday 3/4, 2:00pm est)

    Panelists (Click Photos For Bios):
    Peyman Attari
    President & CEO at AISA Holding, LLC
    Kevin Callaghan
    Principal/Founder, Aspyre Capital Group
    Osvaldo F. Torres
    Managing Partner, Torres Law P.A.
    Lili Wang
    Managing Partner, New City Advisors

    Securities Laws & EB-5: Broker-Dealer Business Model

    When: Wednesday March 4, 2015
    Time: 2:00 PM EST/ 11:00 PM PST*

     
     
    *Note: Registration will be cut-off  the day of the webinar at 12:30pm est. 
    Topic: Find out how the growing, and always evolving, role of broker/dealers in the EB-5 industry can benefit your business!
    In the past several years, the EB-5 industry has seen increased participation from broker/dealers. Licensed and regulated by the Financial Industry Regulatory Authority (“FINRA”) under U.S. securities laws, broker/dealers have successfully been part of marketing, consulting and more on EB-5 offerings.
    Our panel of experts will discuss what this trend means for Regional Centers and other EB-5 stakeholders, and how industry participants can benefit.

    ALL ACCESS PASS – ALL WEBINARS, VIDEO RECORDINGS, & MORE
    Read more about the All Access Pass here!

    IIUSA’s 2015 All Access Pass

    (Members-Only) 
     
    $1,200
    valid through 12/31/15
    • Registration for all IIUSA monthly webinars
    • Access to a growing library of EB-5 content including past webinars (which now total 13 webinars)
    • Conference video (3 conferences from 2013/2014 including 35 panels)
    • Up to date EB-5 Economic Impact Reporting (2010-2011 and 2012 reports)
    • Raw data (FOIA disclosure) including USCIS adjudication data and Department of State visa statistics broken by country of origin.

    Additions in 2015 include:

    • I-829 RFE/Denial spreadsheet
    • Regional center “data tracker” spreadsheet, in which contains data points for all approved Regional Centers including I-526 & I-829 approvals
    • NOITs (Notice of Intent to Terminate) and final termination notices for all terminated regional centers
    • Notices/reports of SEC enforcement actions against USCIS-approved Regional Centers

    UPCOMING WEBINARS – REVIEW THE 2015 WEBINAR SCHEDULE!
    How IIUSA is Empowering the EB-5 Industry through Technology Tools
     
    March 26, 2015
    This webinar, featuring members of IIUSA’s Technology Committee, will be an interactive look into the changes IIUSA has implemented to improve its member experience as well as discussion about how as an EB-5 practitioner you can use technology tools to your advantage.
    EB-5 Visa Retrogression: What Does It Mean for Your Business?

    April 30, 2015

    With applications for EB-5 visas reaching an all-time high, procedural changes to the issuance of visas this fiscal year will have widespread implications for investors, investment entities and for the USCIS policies that govern how the EB-5 Program functions.
    Join our expert panel on April 30th for a webinar to explore what the onset of EB-5 visa retrogression means for your business.
    Going Global: The Importance of Diversifying the EB-5 Investor Marketplace

    May 28, 2015 

    When analyzing U.S. Citizenship and Immigration Services (USCIS) adjudication data, and Department of State visa usage by country, there are several growth markets in Asia, Europe and Latin America that are becoming more important for the EB-5 industry.
    This panel, which includes several members of IIUSA’s Investor Markets Committee, will examine several macro-trends affecting global EB-5 investment while also taking a more nuanced look into what motivates potential investment by immigration participants more broadly from other areas of the world.Register >

    SPONSOR THE 2015 IIUSA WEBINAR SERIES
    Sponsor three webinars (one quarter) in 2015 of IIUSA’s acclaimed webinar series, featuring topics from across the EB-5 Regional Center industry landscape. Sponsorship includes company logo/link featured on the webinar registration page, designation of series title-sponsor in IIUSA member only communications, opportunity to welcome attendees at the beginning of each webinar, additional exposure through IIUSA’s “OnDemand.” Associate your company with IIUSA and industry best practices by sponsoring IIUSA’s 2015 webinar series!
    Quarters two, three and four are still available.
    This opportunity is available only to IIUSA members. To learn more, click here.
    Mar
    02

    Statement on the U.S.-China Economic and Security Review Commission’s Report Regarding EB-5

    In its recent report, “Chinese Investment in the United States: Recent Trends in Real Estate, Industry, and Investment Promotion,” a staff member and intern in the U.S.-China Economic and Security Review Commission paint an inaccurate and unbalanced picture of the EB-5 Program.

    We welcome dialogue with members of Congress and the Administration to strengthen the integrity of the EB-5 program and ensure that its economic benefits are fully realized.  That dialogue, however, must be based on accurate factual information about the program.

    Contrary to the report’s claims, the EB-5 program is highly regulated.

    • Recognizing the complex nature of the EB-5 program, USCIS has established an Immigrant Investor Program Office which is staffed by trained economists, experts in business and immigration law, as well as fraud and national security specialists. The agency has clarified its guidance for adjudicators with a comprehensive policy memorandum and has strengthened inter-agency relationships critical to program oversight and implementation.
    • In addition, all investment offerings made by EB-5 Regional Centers are subject to U.S. securities and anti-fraud laws and regulations, enforced by state securities regulators and the U.S. Securities & Exchange Commission and private right of action.

    We find it particularly curious that the report makes several references to “local authorities” certifying and screening EB-5 investors.  As with any visa category, the process for adjudicating EB-5 investor petitions for eligibility and admissibility to the U.S. resides solely with the federal government.

    Additionally, the report mistakenly insinuates that the approval of a Targeted Employment Area (TEA) on an I-526 petition is an automatic approval for a green card when in fact approval of a TEA is just one of many components that eventually equate to an investor’s conditional green card.  USCIS regulations always have authorized states to designate geographic or political areas that have a weighted average of 150% of the unemployment rate of the nation using DOL-accepted methodology and the most current available data.

    The report also misstates key facts about EB-5 Regional Centers, the federally designated entities that pool EB-5 capital from multiple foreign investors for investment in USCIS-approved economic development projects within a defined geographic region.  Specifically:

    • Existing Regional Centers include entities that are publicly owned and operated by state economic development agencies as well as public-private partnerships and private sector investment companies.
    • Regional Centers and project developers use well-accepted economic analysis models, including those developed by the U.S. Department of Commerce, to demonstrate that job creation targets required by law (10 jobs per EB-5 investor) have been achieved.

    The EB-5 Regional Center Economic Development Program successfully spurs U.S. job creation and economic growth by attracting foreign direct investment in the United States.  A comprehensive peer-reviewed economic study found that during fiscal year 2012, the EB-program contributed $3.39 billion to U.S. GDP and supported over 42,000 U.S. jobs during fiscal year 2012. This is more than a 100 percent increase from the average annual impact result reported in 2011.

    And yet, the report discounts these benefits.  Following the 2008 economic crisis, access to capital was severely constricted and municipal budgets are still facing significant shortfalls.  Investments made through EB-5 Regional Centers provide a new, vital source of funding for local economic development projects, often in partnership with local governments and economic development agencies.  That is why the U.S. Conference of Mayors and the National Association of Counties have endorsed reauthorization of the Program.

    Successful projects are revitalizing communities across the country, creating and supporting jobs, infrastructure and services.  These projects include:

    • Redevelopment of a closed Air Force base in Southern California into a vital commercial area including a distribution center and regional airport
    • Development of assisted and retirement living communities in Washington State, creating 800 jobs and serving approximately 130 seniors
    • The transformation of the closed Navy yard in Philadelphia into a dynamic, multi-use development now home to 130 companies and 10,000 employees
    • Restoration of the historic “Alaska Club” building in Seattle, creating a modern hotel that employs almost 100 full-time jobs today and serves over 100,000 hotel guests annually
    • Expansion of a one season ski-resort in Vermont into a thriving four season vacation destination
    • Rehabilitation of a 100 year old building into a hotel that created of 161 jobs while kick-starting the revitalization of an historic Dallas neighborhood

    We urge the Commission to revise the EB-5 section of its report to present a more balanced – and accurate – analysis of the EB-5 program.

     

     

     

    Mar
    02

    Recordings of USCIS Stakeholder Engagements Now Available to IIUSA Members

    This week, U.S. Citizenship and Immigration Services (USCIS) held two stakeholder engagement teleconferences and are now available to IIUSA members.

    On Wednesday February 25th, USCIS Director León Rodríguez highlighted agency initiatives and listened/responded to issues of concern to the stakeholder community. The EB-5 Program was not substantially discussed during this engagement. To listen to the recording, click here.

    On Thursday February 26, USCIS held the first EB-5 Stakeholder Engagement of a new information series titled “EB-5 Interactive” with a look at Requests for Evidence on Lawful Source of Funds for Investment. A comprehensive summary and analysis will be available to members next week. If you’d like to listen to the recording, click here.
    Mar
    02

    Sign Up for Wednesday IIUSA Webinar: Securities Laws & EB-5: Broker-Dealer Business Model (Wednesday 3/4, 2:00pm est)

    Panelists (Click Photos For Bios):
    Peyman Attari
    President & CEO at AISA Holding, LLC 

    Kevin Callaghan
    Principal/Founder, Aspyre Capital Group
    Osvaldo F. Torres
    Managing Partner, Torres Law P.A.
    Lili Wang
    Managing Partner, New City Advisors

    Securities Laws & EB-5: Broker-Dealer Business Model

    When: Wednesday March 4, 2015
    Time: 2:00 PM EST/ 11:00 PM PST*

     
     
    *Note: Registration will be cut-off  the day of the webinar at 12:30pm est. 
    Topic: Find out how the growing, and always evolving, role of broker/dealers in the EB-5 industry can benefit your business!
    In the past several years, the EB-5 industry has seen increased participation from broker/dealers. Licensed and regulated by the Financial Industry Regulatory Authority (“FINRA”) under U.S. securities laws, broker/dealers have successfully been part of marketing, consulting and more on EB-5 offerings.
    Our panel of experts will discuss what this trend means for Regional Centers and other EB-5 stakeholders, and how industry participants can benefit.

    ALL ACCESS PASS – ALL WEBINARS, VIDEO RECORDINGS, & MORE
    Read more about the All Access Pass here!

    IIUSA’s 2015 All Access Pass

    (Members-Only) 
     
    $1,200
    valid through 12/31/15
    • Registration for all IIUSA monthly webinars
    • Access to a growing library of EB-5 content including past webinars (which now total 13 webinars)
    • Conference video (3 conferences from 2013/2014 including 35 panels)
    • Up to date EB-5 Economic Impact Reporting (2010-2011 and 2012 reports)
    • Raw data (FOIA disclosure) including USCIS adjudication data and Department of State visa statistics broken by country of origin.

    Additions in 2015 include:

    • I-829 RFE/Denial spreadsheet
    • Regional center “data tracker” spreadsheet, in which contains data points for all approved Regional Centers including I-526 & I-829 approvals
    • NOITs (Notice of Intent to Terminate) and final termination notices for all terminated regional centers
    • Notices/reports of SEC enforcement actions against USCIS-approved Regional Centers

    UPCOMING WEBINARS – REVIEW THE 2015 WEBINAR SCHEDULE!
    How IIUSA is Empowering the EB-5 Industry through Technology Tools
     
    March 26, 2015
    This webinar, featuring members of IIUSA’s Technology Committee, will be an interactive look into the changes IIUSA has implemented to improve its member experience as well as discussion about how as an EB-5 practitioner you can use technology tools to your advantage.
    EB-5 Visa Retrogression: What Does It Mean for Your Business?

    April 30, 2015

    With applications for EB-5 visas reaching an all-time high, procedural changes to the issuance of visas this fiscal year will have widespread implications for investors, investment entities and for the USCIS policies that govern how the EB-5 Program functions.
    Join our expert panel on April 30th for a webinar to explore what the onset of EB-5 visa retrogression means for your business.
    Going Global: The Importance of Diversifying the EB-5 Investor Marketplace

    May 28, 2015 

    When analyzing U.S. Citizenship and Immigration Services (USCIS) adjudication data, and Department of State visa usage by country, there are several growth markets in Asia, Europe and Latin America that are becoming more important for the EB-5 industry.
    This panel, which includes several members of IIUSA’s Investor Markets Committee, will examine several macro-trends affecting global EB-5 investment while also taking a more nuanced look into what motivates potential investment by immigration participants more broadly from other areas of the world.Register >

    SPONSOR THE 2015 IIUSA WEBINAR SERIES
    Sponsor three webinars (one quarter) in 2015 of IIUSA’s acclaimed webinar series, featuring topics from across the EB-5 Regional Center industry landscape. Sponsorship includes company logo/link featured on the webinar registration page, designation of series title-sponsor in IIUSA member only communications, opportunity to welcome attendees at the beginning of each webinar, additional exposure through IIUSA’s “OnDemand.” Associate your company with IIUSA and industry best practices by sponsoring IIUSA’s 2015 webinar series!
    Quarters two, three and four are still available.
    This opportunity is available only to IIUSA members. To learn more, click here.
    Feb
    27

    IIUSA Press Release: IIUSA to Host EB-5 Advocacy Conference in Washington this April

    IUSA to Host EB-5 Advocacy Conference in Washington this April

    Annual industry event marks Association’s ten-year anniversary


    Washington, DC (PRWEB) February 27, 2015

    Invest in the USA (IIUSA), the national not-for-profit industry trade association for the EB-5 Regional Center Program (the “Program”), will hold its 8th Annual EB-5 Regional Economic Development Advocacy Conference in Washington, D.C. on April 12-14. The conference will mark IIUSA’s 10th anniversary as an organization, capping a decade of advocacy on behalf of the EB-5 Program and its stakeholders.

    “The EB-5 Advocacy Conference provides international investment and economic development professionals with a unique opportunity – over two days of business development, grassroots advocacy and advanced education on one of the fastest-growing investment tools in the U.S.,” said IIUSA Executive Director Peter Joseph. “Industry stakeholders will have the opportunity to hear directly from the federal government on the future of the EB-5 Program including issues critical to maintaining the Program’s strength and integrity.”

    In conjunction with the EB-5 Advocacy Conference, IIUSA will hold its Annual Membership Meeting on April 13th which will feature important Association business including addresses from IIUSA officers, elections for directorship positions, committee reports (Association Building, Banking, Best Practices, Compliance, Editorial, Investor Markets, Membership, Public Policy, Public Relations, Technology) and more.

    Attendees will have access to a number panels on EB-5 specific issues including legislative, regulatory and government oversight; updates on USCIS policies, adjudication and processing trends; emerging investor markets; the current cultural, economic and political trends driving EB-5 demand in China; visa retrogression; EB-5’s economic impact in the U.S. and steps stakeholders can take to conduct proper due diligence.

    Attendance at the 2014 conference was IIUSA’s largest in event history, with more than 450 EB-5 stakeholders from over a dozen countries present for a sold out event. As indicated by its name, the Advocacy Conference presents the best opportunity for stakeholders to engage with regulators and lawmakers in support of immediate reauthorization the Program. Over 500 leaders and stakeholders in the EB-5 industry have already signed IIUSA’s EB-5 is Working letter to the 114th Congress in support of reauthorization.

    IIUSA’s members account for more than 95 percent of capital flowing through the EB-5 program and have supported successful economic development projects around the country. IIUSA’s Regional Center Members are listed on the Interactive Regional Center Map, which lists each Regional Center’s location, approval date, states served, approved geography and industries, website and more. This map is further searchable by which members have I-526 (Immigrant Petition) and I-829 (Removal of Conditions) approvals.

    Registration for the EB-5 Regional Economic Development Advocacy Conference is still available. To learn more, visit the conference event page or contact info(at)iiusa(dot)org.

    Feb
    27

    Member Notice: Call for Nominations! 2015 IIUSA Membership Meeting/8th Annual EB-5 Advocacy Conference is less than 8 weeks away!

    Meeting Agenda

    • Welcoming Remarks from K. David Andersson, IIUSA President: “State of the Association & Industry”
    • Guest of Honor (TBA)
    • Committee Reports
    • Vote on Committee Recommendations 

    Any recommended revisions to IIUSA’s bylaws will be voted upon during the Membership Meeting.*

     

     Click here to review the IIUSA bylaws

    Note: If you have any recommended revision to the bylaws, they must be submitted in writing by February 27, 2015 (email info@iiusa.org) for consideration by the Bylaws Committee. The bylaws may be amended by a 2/3 vote of the members present, and subsequent 2/3 vote of Regional Center members present at the Membership Meeting. All other committee recommendations are approved by majority vote. 

    •  Officer & Director Elections
    The following Officers (1-year term) are up for re-election

    • K. David Andersson, President (2010-current) Whatcom Opportunities Regional Center & Pacific Northwest EB-5 Regional Center
    • Robert C. Divine, Vice President (2010-current), Baker Donelson Bearman, Caldwell & Berkowitz, PC
    • Robert G. Honts, Secretary-Treasurer (2010-current); Texas Lone Star Enterprises

    The following Directors (3-year terms) are up for re-election:

    • George Ekins (2012-current) American Dream Fund (ADF)
    • Daniel J. Healy (2012-current) Civitas Capital Group
    • Robert Kraft (2014-current) FirstPathway Partners
    • Chris Marlin (2014-current) Lennar International

    To nominate someone (including yourself) for any of the positions cited above, please complete the form linked to below.

     
    *Note: Nominations Form Must be submitted by Wednesday March 4th for consideration by Nominations Committee

    Are you interested in serving on an IIUSA Committee in 2015-2016?

    IIUSA has several standing committees and are always looking for volunteers. Fill out to Committee Interest Form to express your interest in serving the EB-5 Regional Center industry by volunteering for a committee and/or recommend the creation of a new one.

    There are only 7 booths remaining! Platinum, Gold & Silver Sponsors along with Membership Meeting and Wifi sponsorship opportunities are still available. With questions, contact Allen Wolff at 202-795-9663 orallen.wolff@iiusa.org.
    Feb
    25

    Download IIUSA’s EB-5 On the Go App: Convenient Access to IIUSA Member Information, Data & More

    IIUSA’s latest technological contribution to the EB-5 community is the new “EB-5 On the Go” mobile app. If you have previously downloaded any of the IIUSA event apps in recent years, open it up on your smartphone and checkout the new functionality! Otherwise, download from the Apple Store or Google Play by searching “IIUSA”. Alternatively, you can view the mobile app contents from your browser at https://crowd.cc/iiusa.

    Take a look at the application’s new features:

    • About – IIUSA mission, website and staff members
      IIUSA’s Interactive Regional Center Map on the new IIUSA mobile app
    • Best Practices – Detailed listing of all IIUSA’s recommended industry best practices
    • Blog- Mobile access to IIUSA’s daily blog.
    • Leadership – Contact information for Board of Directors, President’s Advisory Council, Committee Chairs
    • Legislative Action Center – IIUSA’s grassroots advocacy software on your mobile device – send letters quickly and easily to members of Congress in support of EB-5.
    • Member Directory – Listing of IIUSA Regional Center members including contact information
    • Membership Application – Sign Up to Join IIUSA.
    • Industry Schedule – Listing of all upcoming EB-5 events (industry-wide) and listing of past events.
    • 2015 DC Conference – Sign Up for the April 12-14 EB-5 Advocacy Conference in Washington D.C.
    • Member Login – Access IIUSA’s Member Database via your mobile device
    • Marketplace – Mobile access to IIUSA’s marketplace. Purchase tickets, sponsorship, advertising, advocacy tools and more.
    • Magazine- Stunning mobile access to IIUSA’s Regional Center Business Journal
    Feb
    24

    Last Call To Advertise in the Q1 issue of the Regional Center Business Journal – Advertisement’s Due March 6th!



     

    In March, IIUSA will publish its 9th issue of The Regional Center Business Journal (RCBJ), a quarterly magazine designed to keep IIUSA members and other key EB-5 Regional Center program stakeholders “in the know” on the latest industry developments and provide in-depth analysis of industry trends.

    IIUSA is proud of the growth and maturation of the RCBJ over the past two years and we thank you, our members, for providing the support necessary to bring the latest and greatest of the EB-5 Regional Center industry to your doorstep each and every quarter.

    This message also serves as a reminder that Friday March 6th is the final day to purchase an advertisement for the upcoming issue. 

    You can have your company represented in the industry’s premier publication for as little as $300 per issue. Special pricing exists for purchasing a “bundle” or ad space in four consecutive issues. See the chart below. All artwork must also be submitted by Friday March 6th.

     

    All issue of The Regional Center Business Journal can be read directly at IIUSA.org/magazine and are distributed nationally to all 260+ of IIUSA’s Regional Center Members from all around the country, as well as to all 250+ Associate member organizations. The Journal is also circulated internationally to industry stakeholders in countries such as Canada, China, Japan, United Kingdom, and more. In total the RCBJ reaches over 2,000 mailboxes worldwide.

    Feb
    23

    Dialogue with USCIS Director León Rodríguez Set for Wednesday February 25th

    U.S. Citizenship and Immigration Services (USCIS) will hold a stakeholder teleconference on Wednesday, Feb. 25 from 3 to 4 p.m. (Eastern), with USCIS Director León Rodríguez. During the session, Director Rodríguez will highlight agency initiatives and listen and respond to issues of concern to the stakeholder community (view PDF invitation).

    To register for this session:
    • Visit the registration page to confirm your participation
    • Enter your email address and select “Submit”
    • Select “Subscriber Preferences”
    • Select the “Event Registration” tab
    • Provide your full name and organization
    • Complete the questions and select “Submit”

    Once your registration is processed, you will receive a confirmation email with additional details. If you have any questions regarding the registration process, or if you have not received a confirmation email within two business days, please email us at Public.Engagement@uscis.dhs.gov .