Comment: Permanent Residency Option for E-2 Visa Holders
Today's edition of Immigration Daily contains many items of interest. Read an article about whether there will be a Permanent Residency Option for E-2 Visa Holders and an article about suggested EB-5 reforms. See a blog post on the latest CIS Ombudsman Report; also find a GAO Report on the Immigration Benefits System.
Focus: The I-140 / The Degree Equivalency 2015-2016 Edition
ILW.COM is pleased to announce The I-140 / The Degree Equivalency 2015-2016 Edition, coming soon!
Book Outline is as follows:
TABLE OF CONTENTS
Part I. I-140 Introduction
Chapter One: Editor's Introduction
Chapter Two: Basic Important Employment-Based Concepts by Kristen Quan Hammill
Part II. I-140 by Herbert A. Weiss Chapter One: Basic Overview of the I-140 EBIV Process
Chapter Two: The Scope of Agency Authority
Chapter Three: The Job Offer Requirement
Chapter Four: The Immigration Act of 1990
Chapter Five: The EB-11 Extraordinary Ability
Chapter Six: The EB-12 Outstanding Professor and Researcher
Chapter Seven: The EB-13 Multinational Manager and Executive
Chapter Eight: The EB-2 Advanced Degree Professional and Person of Exceptional Merit and Ability
Chapter Nine: The EB-3 Professional, Skilled Worker, And Other
The EB-5 program is not the only visa program that may be impacted by sweeping reforms in the near future (see our recent article on the Grassley-Leahy EB-5 bill here). Specifically, on April 9th, 2015, Florida Congressman David Jolly (R) introduced a bill that could have a significant and beneficial impact on E-2 Treaty Investor Visa holders whose ultimate desire is to obtain permanent residence in the U.S…if said bill is passed into law.
Currently, the E-2 Visa is a “nonimmigrant” visa, which means that to remain eligible, an E-2 visa holder must maintain an intent to return abroad to his/her home country following their permitted stay in the U.S. The E-2 visa allows a national of a treaty country (a country with which the U.S. maintains a Treaty of Bilateral Investment) to be admitted to the U.S. to manage or direct a business in which at least 50% of the ownership is held by nationals of the treaty country and in which the amount of capital invested is “substantial” (which term is not specifically defined). While it is renewable indefinitely for the life of the business, the E-2 visa is specifically designed not to lead directly to a green card. Rather, it must be renewed every few years (depending on the term granted), and is subject to nonrenewal in the event that the business proves unsuccessful.
 While some E-2 visa holders do attempt to parlay their E-2 visa into an EB-5 visa—because the latter
Comment: Network using LinkedIn
ILW.COM cordially invites immigration professionals: attorneys, paralegals, law students and others to join the ILW.COM LinkedIn group. The ILW.COM LinkedIn Group is a place for you to enhance your network with others in the field, to discuss issues of mutual interest, and to keep on the top of the latest developments in immigration law.
Focus: EB-5 Events for Chinese Students
Chinese international students are coming to the US in dramatically increased numbers. The explosion in undergrad Chinese students started in 2008 and continues. For EB-5 purposes Chinese students offer the best prospects. We have been conducting events in 2014 educating Chinese Students on EB-5 in New York City. We can conduct similar events in six other cities across US. For each city we promote the event to multiple campuses across the metropolitan region; this can vary from ten to twenty campuses per city. The time frame for the events is determined based on the academic calendar. These are short evening events that require a short single night stay trip from the sponsoring Regional Center or law firm. During the educational event covering the students' immigration options the sponsor makes a short presentation about their project or law firm. The event structure allows for plenty of networking opportunities with students. These events are available only to Regional Centers that use Regulation-D or to law firms, and we require clients to consult a securities attorney before signing up for these events.