by McKenzie Penton | Jan 5, 2021 | Education, Events, Government Affairs, Membership
by McKenzie Penton, Director of Events & Business Development To call 2020 an unprecedented year is perhaps a bit of an understatement. With worldwide shutdowns, office closures, and canceled events due to a global pandemic, everyone, and every business is doing...
by McKenzie Penton | Jan 4, 2021 | Government Affairs, Membership
Calling all EB-5 Stakeholders… In the critical year ahead IIUSA needs the industry’s support to ensure we are able to secure a long-term future for the Program. At the end of the last Congress, the EB-5 program only received a short-term extension until...
by McKenzie Penton | Dec 30, 2020 | Education, Government Affairs, Research & Analysis
By Brad Banias, Partner, Wasden Banias LLC For years, the EB-5 litigation bar advised clients to wait to file “mandamus” suits until after the delays exceeded published processing times. These cases would invariably settle as they were (by definition) some of the...
by Lee Li | Dec 29, 2020 | Government Affairs, Research & Analysis
The U.S. Department of State has published the monthly Visa Bulletin for January 2021. EB-5 FINAL ACTION DATES (CHART A) The EB-5 Regional Center category is listed as “U” (“unauthorized”) on the January Visa Bulletin due to the fact that the EB-5 Regional...
by McKenzie Penton | Dec 23, 2020 | Government Affairs, Membership, Research & Analysis
IIUSA ends 2020 just like the rest of the world, with exhaustion and hope. The year was tense, intense, and thanks to our leadership’s and professional staff’s indefatigability, ultimately rewarding. Now, more so than ever, IIUSA is proud to representant a dynamic and...
by McKenzie Penton | Dec 22, 2020 | Government Affairs
Yesterday evening, Congress passed the Consolidated Appropriations Act, 2021 which, among many other things, extends the EB-5 Regional Center Program through June 30, 2021. The reauthorization provides a 6-month window for IIUSA to continue to work with our industry...