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The Immigrant Investor Blog

Jul 16, 2019

Josh Rolf Leads Investment Visa Discussion in Buenos Aires

Joshua H. Rolf

On July 12, 2019, Green and Spiegel Associate Joshua Rolf appeared at Marval, O’Farrell & Mairal in Buenos Aires, Argentina. Read the full event recap here.

Jul 12, 2019

Bipartisan House Overwhelmingly Passes Country Cap Removal Bill, Future Uncertain in Senate and White House

Matthew Galati

This week in an extremely rare bipartisan action on immigration reform, the United States House of Representatives overwhelmingly passed H.R. 1044, the“Fairness for High-Skilled Immigrants Act of 2019.” Learn more in this blog.

Jun 30, 2019

OMB Finalizes EB-5 Modernization Regulation, Changes to Program Expected Imminently

Matthew Galati

On June 27, 2019, the Office of Management and Budget announced that it has concluded its review of the EB-5 Immigrant Investor Program Modernization Rule. Learn more in this blog.

Jun 17, 2019

David Spaulding Joins Green and Spiegel as the Head of the Compliance and Regulatory Practice Section

Green and Spiegel welcomes Former USCIS Fraud Detection and National Security Directorate Supervisor David Spaulding to its Philadelphia office, strengthening its Compliance and Regulatory Practice amidst a climate of heightened enforcement. Learn more in this press release.

Jun 4, 2019

Department of State Implements ‘Extreme Vetting’ Social Media Questions on Form DS-160 and Form DS-260

On Friday, May 31, 2019, the Department of State (“DOS”) updated the online immigrant and nonimmigrant visa applications, Form DS-260 and Form DS-160, to include a question inquiring about the history of an applicant’s social media use. The new question requires applicants to fully disclose all the social media accounts they have used within the last five years by providing all their usernames and handles, but not passwords. Learn more in this blog.

May 30, 2019

Reintroduced Bill to Extend E-3 Visa Access to Irish Citizens

Andrew Clancy Rodgers

A bill with the potential to grant thousands of visas to Irish workers each year has been reintroduced in the House of Representatives. House Democrat Richard Neal brought the bill, H.R. 2418, back in early May in the wake of renewed efforts to win congressional support for the measure. Learn more in this blog.

May 28, 2019

Matthew Galati Elected Vice Chair for the AILA Philadelphia Chapter; Renamed to National EB-5 Committee

Green and Spiegel Senior Associate Matthew Galati was not only re-selected for the national American Immigration Lawyers Association (“AILA”) Immigrant Investor (EB-5) Committee, but also tapped to hold the position of Vice Chair of the AILA Philadelphia Chapter for 2019-20. Learn more in this blog.

May 23, 2019

Congress Blasts Trump’s Immigration Overhaul as Comprehensive Reform Remains Unlikely

Matthew Galati

On Thursday, May 16, 2019, President Trump unveiled his administration’s proposal for a new employment-heavy immigration system that focuses on reworking border security and the current legal Immigration system. Learn more in this blog.

May 7, 2019

EB-5 Quota Backlog Updates: India Spikes to 8.4 Years; Vietnam Holds Steady

Matthew Galati

Roughly six months ago Green and Spiegel provided DHS’ Chief of the Visa Control and Reporting Division Charles Oppenheim’s EB-5 quota backlog projections. The numbers provided key insights for many, especially those weighing EB-5 who have children that might “age out” due to long visa queues. Today Mr. Oppenheim provided an important update. Learn more in this blog.

Apr 12, 2019

Matthew T. Galati Wins Legal Intelligencer 2019 Professional Excellence Award

Matthew Galati

Green and Spiegel congratulates Matthew T. Galati, who has just received a 2019 Professional Excellence Award and named a “Lawyer on the Fast Track” by The Legal Intelligencer.

Apr 11, 2019

Israeli E-2 Visas Confirmed for May 1, 2019

Matthew Galati and Benjamin S. Green

The Israeli E-2 visa will soon become a reality. As reported by our office in late March, the long-awaited treaty investor agreement between the United States and Israel was expected to become effective in just few short weeks. As an update, the U.S. Embassy has now confirmed that Israeli E-2 visa applications will be accepted as of Wednesday, May 1, 2019. Learn more in this blog!

Apr 2, 2019

EB-5 Visa Demand Slows in Early 2019; Launching Vietnam Forward and Calling Into Question Whether India Retrogression Will Take Effect This Fiscal Year

Matthew Galati

Last fall, we covered perhaps the most important EB-5 development of the year,DOS’ Chief of the Visa Control and Reporting Division Charles “Charlie” Oppenheim’s projections for various countries’ EB-5 visa backlog times, based on an October 2018 filing. Of particular note were longer than expected wait times for Mainland China and Vietnam, and a warning to the industry to brace for India’s backlog to begin “no later than July 2019.”However, more recent data calls these projections into question. Learn more in this blog.

Apr 2, 2019

2018: A Record Year for Grenada Citizenship by Investment

Benjamin S. Green

Grenada’s Citizenship by Investment Programme allows individuals and their families to obtain citizenship or permanent residence for the island country through making investments in the local economy. Investors dismayed by longer wait times or onerous financial commitments in other countries have increasingly looked to Grenada as a viable option for them and their families. Learn more in this blog.

Apr 2, 2019

Grenada Citizenship by Investment Programme Opens New Tourism Pricing Reduction

Benjamin S. Green and Matthew Galati

Grenada’s Citizenship by Investment Programme makes it possible for those who invest in Grenada’s economy or real estate development to gain citizenship, and the associated benefits that come with it such as a relatively powerful passport and the potential E-2 visa availability. Now, the ability for certain investors to realize this potential opportunity will be less expensive. Learn more in this blog.

Mar 20, 2019

The Israeli E-2 Visa Is Expected to Go Live on May 1, 2019

Matthew Galati

We have tracked the roll-out of the Israeli E-2 visa for several years. Implementation may finally take effect in just six weeks’ time, according to the Israeli office of Population and Immigration Authority (PIBA). Learn more in this blog.

Feb 28, 2019

Matthew Galati Quoted in Bloomberg Law Article EB-5 Regulations at OMB

Matthew Galati

On Feb. 25, 2019, Matthew Galati, who leads Green and Spiegels U.S. Investors and Entrepreneurs Division, was quoted in “Immigrant Investor Visa to See Regulatory Changes Soon,” printed by Bloomberg ​Law. Read the full article here.

Feb 25, 2019

New EB-5 Regulations Expected Soon as USCIS Finalizes Rule and Sends Text to OMB

Matthew Galati

For over two years, we’ve extensively covered USCIS’ proposed EB-5 Modernization Rule. On Friday, February 22, USCIS formally completed its revisions to the proposed rule via the notice and comment process, sending its draft of the Final Rule to the Office of Management and Budget (OMB). There is no published timetable for OMB’s assessment and publishing of the Final Rule into the Federal Register. Learn more in this blog.

Feb 22, 2019

Green and Spiegel Takes Dubai!

Matthew Galati and Benjamin S. Green

On February 10th and 11th, Green and Spiegel EB-5 Section Head Matthew Galati and Associate Benjamin Green attended the UGlobal Immigration Expo in Dubai. Read about the full event recap here.

Feb 15, 2019

Amidst Border Wall ‘Emergency,’ President Signs Legislation Extending EB-5 Regional Center Program to Sep. 30, 2019

Matthew Galati

On Thursday, February 14, 2019, the United States House and Senate passed funding legislation re-authorizing vital immigration programs including the EB-5 Regional Center Program through September 30. The omnibus measure, titled HJ Res 31, spans over 1,000 pages and contemplates many governmental functions. Learn more in this blog.

Jan 28, 2019

Back in Business: Government Reopens, EB-5 Regional Center Program Revived

Matthew Galati

On Friday January 25 — a chaotic day plagued by major air travel delays amidst affected government employees leaving work due to missed wages...