What Lies Ahead for the EB-5 Foreign Investor Program?
Roger Bernstein, a partner and Vice-Chair of the Firm’s Immigration and Foreign Investment Practice, authored this article published by the South Florida Legal Guide. Roger discusses the growing pains of the otherwise successful EB-5 investor program, which allows foreign investors access to U.S. citizenship. He goes on to list the changes being implemented, and offer an insight into its future.
“By all accounts, the EB-5 program… has had a positive impact on the U.S economy,” said Roger. “Soaring application receipts have outpaced the ability of the U.S. Citizenship and Immigration Services (USCIS) to timely adjudicate petitions resulting in longer wait times.”
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