EB-5 legislation

NES Financial CEO Michael Halloran: A Leading Voice for EB-5 Expansion, Oversight, and Integrity on Capitol Hill and in the Press

On May 4, lawmakers voted to extend EB-5 until September 30 as part of a $1.2 trillion appropriations bill. However, the debate on EB-5 reform continues to heat up on Capitol Hill and in the press. Confronting the controversy head-on, NES Financial CEO Michael Halloran has emerged on the Hill and in the press as an [...]

2017-05-16T15:37:58+00:00 May 15th, 2017|Categories: In the News, Industry News|Tags: , , , , |

Indians spited by the H-1B clampdown can get another visa to work in the US—as long as they can spare $500,000

Ananya Bhattacharya  /  Quartz Media  /  May 14, 2017 As the H-1B visa program faces cutbacks, sophisticated investors from India and Southeast Asia are now focusing on the EB-5 immigrant investment program as way to give their families and students studying in the U.S. an opportunity to start businesses or work in Silicon Valley or [...]

2017-05-22T01:29:08+00:00 May 14th, 2017|Categories: In the News, Industry News|Tags: , , , , |

After another last-minute extension, legislators focus on EB-5 reform

Diana Bell  /  National Real Estate Investor  /  May 4, 2017 While Congress extended the EB-5 program in its current form through September 30th, 2017, serious reform debates are underway, including: minimum investment amounts, stricter oversight and integrity measures, and reclassification of targeted employment areas (TEAs). Read Post

2017-05-18T07:40:24+00:00 May 4th, 2017|Categories: In the News, Industry News|Tags: , , , , |

Special immigrant visa worth billions faces D-day

Kenneth Rapoza  /  Forbes  /  April 27, 2017 EB-5, one of the biggest merit-based immigration visa programs, expires April 28th 2017. Legislators will decide to reauthorize until September, or extend it with new rules proposed by Senators like Chuck Grassley of Iowa. Read Post

2017-05-18T07:39:10+00:00 April 27th, 2017|Categories: In the News, Industry News|Tags: , , , , |

Don’t kill the “Golden Visa”, Expand It!

Michael Halloran  /  POLITICO  /   April 27, 2017 Controversy over headlines about the family of White House aide Jared Kushner cast a shadow over the EB-5 program. But CEO Michael Halloran advises Congress about the benefits of job creation, as well as the need for oversight and regulation. Read Post

2017-05-18T07:38:25+00:00 April 27th, 2017|Categories: In the News, Industry News|Tags: , , , , |

EB-5 provision renewal stuck in Congressional Morass

Sondra Campanelli  /  Real Estate Finance & Investment  /  April 26, 2017 A provision in the EB-5 Immigrant Investment Program that governs EB-5 – a key funding source for commercial real estate development projects is stuck in limbo as lawmakers in congress debate a host of immigration, gerrymandering, and other reform issues. Read Post

2017-05-18T07:37:46+00:00 April 26th, 2017|Categories: In the News, Industry News|Tags: , , , , |

Tech founder fights race against time for immigrant investors

Lisa Brown  /  GlobeSt.com  /  April 21, 2017 Michael Halloran, Silicon Valley’s neutral ambassador in the EB-5 reform debate, has been on Capitol Hill, advocating for a bill that offers integrity and solutions, along with a large increase in jobs in commercial real estate in the process. Read Post

2017-05-18T07:37:03+00:00 April 21st, 2017|Categories: In the News, Industry News|Tags: , , , , |