Recording Available: IIUSA Special Webinar – Battineni v. Mayorkas
On November 25, 2024, IIUSA hosted a special webinar about the recently decided court case Battineni v. Mayorkas and the recording is now available. The decision rejects USCIS’ long-standing interpretation of the “path of funds” requirement for EB-5 investors.
Current USCIS policy for immigrant investors seeking green cards in the EB-5 program requires investors to “trace where every penny came from.” In this decision, the court rejected USCIS’s policy and held the only relevant issue is the immediate source of the funds used for the immigrant’s investment.
IIUSA President Bill Gresser (EB-5 New York State) moderated a discussion with the lead attorney on the case, Ron Klasko, for an informational look at what exactly the decision of Battineni v. Mayorkas said and what it means for the future of EB-5 investors and their adjudications.
The recording is available through IIUSA’s EB-5 Education Library free of charge. You can access the recording here. While access is complimentary, you will need to create an Education Library account (if you do not already have one), but you will not be asked for any payment information.
IIUSA is pleased to bring this webinar recording to the EB-5 community free of charge; however, if you are not yet a member of IIUSA, please consider joining today to support our efforts to continue to educate the public, provide continuing professional development to EB-5 stakeholders, and advocate for the future of the EB-5 Program on Capitol Hill and beyond. To learn more about membership or to join, click here or email info@iiusa.org.
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