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Comment: EB-5 Workshop
The EB-5 Workshop will be held on Monday, March 5, 2012 in Orlando, FL. The speakers are Edward Carroll, Steven T. Anapoell, K. David Andersson, Edward Beshara, Boyd Campbell, Daren Di Nicola, Jeffrey B. Carr, Robert Gaffney, Michael Homeier, Susan L. Pilcher, Dave Souders, Frederick Troncone, and Cletus Weber . The curriculum is as follows:
Session 1: The EB-5 Basics - Eligibility Criteria and Petition Process
- Basic Eligibility for the I-526 Petition
- Overview of EB-5 Criteria
- Significance of the Immigrant Investor Pilot Program - Regional Centers
- Structuring the Investment: Selection of Business Model
- Exemplar petitions: Can projects be "pre-approved"?
- Lawful source of funds requirements
- Source documentation and tracing
- Tax and licensing compliance
- Currency control restrictions
- Current trends and challenges
- Overview of the Petition Process
- Sequence and timing
- Current processing times
- Construction Jobs
- Child Status Protection Act
- Preparing for the I-829: Basic requirements and overview of the I-829 petition
Session 2: Building the Foundation - TEAs, Regional Centers, and Economic Studies
- Targeted Employment Areas (TEA
- Purpose and definition
- Current developments/challenges
- Regional Centers and Regional Center Designation Process
- o Purpose and definition
- "Direct" vs. "Indirect" jobs
- Mayorkas letter
- Business plans (Evolving USCIS requirements)
- Regional Center Applications and Amendments (I-924 decision boards, processing times and premium processing, "material change", current development/challenges)
- Oversight and I-924A
- An Economist's View
- The role of the economist
- Overview of regional economics and input-output modeling
- Working within USCIS parameters (NAICS codes, regional center boundaries, what a TEA should look like, which "jobs" count)
- Current challenges
Session 3:Hot Topics and Current Developments
- Perspective on the EB-5 program from the USCIS Ombudsman
- Growth of Regional Centers
- Due diligence: Regional Centers and EB-5 projects
- Regional Center Leasing and Hosting Arrangements
- Hot Topics
- I-829 Adjudications and "Material Change"
- Bridge Financing
- Regional Center adjudication delays
- Pilot Program Sunset
- Trending issues with USCIS
Session 4: EB-5 and Investments Through a Broader Lens
- Securities law issues
- EB-5 Projects as securities
- Investor Qualifications
- Reg. D and Reg. S Exemptions
- Disclosure Requirements
- Broker-Dealer
- Right of Rescission
- Ethics and Risk Management
- Knowing when to co-counsel and when to use experts
- Avoiding and managing conflicts of interest
- Advising clients about investments - is it smart?
- Finder's fees
- Professional liability insurance considerations
For details on curriculum, speaker bios, and registration information,
please see: here. For the fax form, see
here. Don't delay, act today!
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