Robert Divine will discuss the dynamic environment leading up to the November 21 near-doubling of the minimum investment required for permanent residence under the infamous EB-5 category. Developers and regional centers are scrambling to cram desperate investors into the last spots in projects before demand plummets. Investors are scouring available projects and struggling to gather finances and proof of their sources in order to file before the deadline. Administrative and legislative efforts are afoot to make this "hard landing" smoother but might not work. How will it all play out from here?
Robert has an inside view, since he represents scores of developers and regional centers and hundreds of investors swirling in the fray. For seven years he was the elected vice president of IIUSA, the industry association of regional centers, so he knows the industry. He served a few years as Chief Counsel and for a spell Acting Director of USCIS, so he knows the "inside government" view. He is author of Immigration Practice, a practical treatise on all aspects of U.S. immigration law in its 15th edition, so he knows the applicable law, regulations, and policy.