The unprecedented number of I-526 applications received in recent years correlates to a large number of I-829 petitions submitted as well. Thus, the impending backlog of I-829s is the EB-5 industry’s next challenge. On Wednesday, June 25, NES Financial held a webinar, “EB-5 Success Strategies: Preparing for the I-829 Bubble,” that focused on this topic.
On April 4, 2014, NES Financial held a webinar based on the successful seminar series, “Success Strategies for EB-5 Regional Centers.” The webinar reviewed the latest issues facing the EB-5 industry, current trends in EB-5 offerings, and their impacts on operating a Regional Center. NES Financial also introduced new solutions for streamlining EB-5 operations and enabling Regional Centers to be more competitive.
The expert panel discussed best practices for EB-5 loan administration, key issues projects may encounter when trying to service an EB-5 loan in-house, and the importance of working with a third party administrator at all stages of the EB-5 process.