Published November 19, 2015 With the Regional Center program of EB-5 set to expire after December 11th, competing interests in Congress have been negotiating a comprehensive reform bill that would extend the program. If no compromise is reached by Congress soon, the possibility of a temporary extension of EB-5 in its current form grows more likely. After the bi-partisan bill S. 1501 was introduced in June 2015, a lack of consistency in effective dates for minimum investment

Published November 30, 2015 A new bill in Congress has been proposed to reform both the H1-B and L-1 visa programs. If passed it would tighten restrictions on companies that sponsor such work visas, such as cracking down on companies that bring in a worker on a H-1B or L-1 visa and then later send them back to their native country to do the same work. The bill is called the “H-1B and L-1 Visa Reform Act of 2015” (S. 2266) and is co-sponsored by Sen. Chuck Grassley (R-Iowa) an

Published December 18, 2015 Limited Liability Companies have become a popular choice for Entrepreneurs because they protect the owners from being exposed to personal liability for the debts and liability of the business, and because they also have much less governance requirements than corporations. The less time that the Entrepreneur has to spend on the corporate governance of the enterprise means the more time they have to spend on running the actual business and increasing

Published December 29, 2015 Recently we discussed how to form a Limited Liability Company, a popular choice for Entrepreneurs because of its relatively simple governance structure and its protection against exposure to personal liability. For some Entrepreneurs however, forming a traditional Corporation is a better fit because of a need for a larger company, more investors, tax-planning purposes or other purposes. Corporations can either be organized as a “C-Corporation,” or

Published January 6, 2016 The Department of Homeland Security published a newly proposed rule regarding highly skilled immigrant and non-immigrant workers: “Retention of EB-1, EB-2, and EB-3 Immigrant Workers and Program Improvements Affecting High-Skilled Nonimmigrant Workers.” The newly proposed rules are particularly helpful for H1-B workers that are waiting to obtain a Green Card, and helps to alleviate some of the concerns found during the waiting process. The proposed r

Published January 18, 2016 A new EB-5 Reform bill has been introduced in Congress. While a comprehensive EB-5 reform bill did not end up being passed as was expected, this new bill would make some major changes to the EB-5 program that was extended in its current form back in December. The bill, S.2415, “EB-5 Integrity Act of 2015” was introduced by Senator Flake (R-AZ) and is co-sponsored by both Senator Schumer (D-NY), and Senator Cornyn (R-NY). Having the support of Senato