A few weeks ago, I was a guest speaker at the successful “EB-5 Visa Program: Regional Centers, Immigration law and USCIS” conference in Orlando, Florida. The highly informative conference addressed the ins and outs of the EB-5 industry, including hot-button topics currently affecting the EB-5 community. I found all of the presentations to be interesting, and in turn, it seemed many of the conference’s attendees were also interested in my comments about the EB-5 escrow administration process.

During the lunch presentation, I answered several questions regarding escrow accounts during the EB-5 capital raise process such as: Why would one need an escrow in an EB-5 transaction? Who can act as escrow agent? Are escrow funds secure? I offered as much information as possible about the escrow process, including such issues as KYC/USA Patriot Act requirements, account set-up process and disbursement mechanisms. Afterwards, I was delighted to see that there were many follow-up conversations amongst attendees who wanted to learn more about the EB-5 escrow administration process.

Lead by ILW.COM’s Sam Udani, other active members in the EB-5 community spoke during the two-day conference, including Robert Gaffney, Kate Kalmykov, Michael Gibson and Ed Beshara. The variety of presentations ranged from legal concerns to liability (as it concerned marketing projects) to the importance of registered vs. non-registered brokers. Each session was followed by a Q & A session with EB-5 experts.

As a market leader, NES Financial will continue to have an active presence in the EB-5 industry. We have since attended the “2nd Annual National EB-5 Finance and Investment Forum ” on March 20, 2012 in Miami, Florida, and we will be attending the much-anticipated “Unlocking Foreign Capital through the Federal EB-5 Program” conference on March 30, 2012.

Visit our event page to see other events NES Financial will be attending.

Contact Us

NES Financial welcomes your questions and opinions. Allow us to address your business needs by contacting us here. We look forward to hearing from you!

For more insights on NES Financial, follow us on Facebook and Twitter!