In January 2017, the Economics and Statistics Administration (“ESA”) of the U.S. Department of Commerce published a study to examine the EB-5 Immigrant Investor Program. The study assesed the economic impact of the EB-5 program on the U.S. economy in terms of capital invested and amount of jobs created. Using the data from the FY2012 and FY2013 such as the number of EB-5 investors, amount of investment and job creation, the ESA determined the following: 562 EB-5 related projects were active in FY2012 and FY 2013; Over 11,000 immigrant investors invested $5.8 billion in new commercial enterprises associated with projects in 25 states and the District of Columbia; EB-5 immigrant investors pro
On February 21, 2017, Secretary of the Department of Homeland Security (“DHS”) issued implementation memos on President Trump’s two executive orders concerning border security and interior enforcement. The executive orders were signed by the President in January 2017. Some points outlined in the DHS memos: All criminal aliens are the priority for deportation. This includes aliens who have been committed any criminal offence; have engaged in fraud or willful misrepresentation related to any official matter before a governmental agency; and who are involved in gang activities or drug trafficking etc.; 10,000 agents and officers will be hired by the U.S. Immigration and Custom Enforcement. In
From March 3 to March 20, 2017, Simone Williams, Managing Attorney at Williams Global Law, will be giving presentations on the EB-5 Immigrant Investor Program for foreign investors in India, UAE and Turkey. Ms. Williams will be speaking about the potential impact of immigration policies proposed by President Donald Trump, expected changes to the EB-5 program, as well how Indian, Turkish and UAE investors can benefit from the EB-5 program. The event will take place in several cities in India, including Mumbai, in Dubai (UAE) and in Istanbul (Turkey). For more information or to attend seminars, please contact Williams Global Law at (202) 449 9731 or info@williamsgloballaw.com. #SimoneWilliams
Every year thousands of American employers apply for the H-1B nonimmigrant work visa for temporary foreign workers. This H-1B season is expected to be even more intense! On January 3, 2017, the Congress introduced the “Protect and Grow American Jobs Act” which proposed amending the definition of H-1B nonimmigrants and raising the minimum wage requirement. Should the bill be enacted, the minimum wage requirement for H-1B employees will increase up to $100,000 per annum, which will eliminate the vast majority of the petitions. The bill reflects President Trump’s strategy on “protecting American workers” and “ensuring that beneficiaries of the program are the best and the brightest”. As a remi
