The investor visa program, EB-5, is set to expire on September 30, unless Congress can temporarily extend it, or reform it to cut down the loopholes and eliminate the numerous cases of fraud that surface with the program.
Three Immigration Lawyers Sanctioned by SEC for Brokering EB-5 Investment
The Securities and Exchange Commission (SEC) has just published three new decisions in connection with administrative proceedings against two well known immigration lawyers, as well as against a third lawyer. One party has allegedly earned $450,000 in commissions from one EB-5 Offeror alone.
https://www.sec.gov/litigation/admin/2016/34-78658.pdf
https://www.sec.gov/litigation/admin/2016/34-78657.pdf
https://www.sec.gov/litigation/admin/2016/34-78656.pdf
Visa Bulletin (September 2016)
This bulletin summarizes the availability of immigrant numbers during September 2016 for: “Final Action Dates” and “Dates for Filing Applications,” indicating when immigrant visa applicants should be notified to assemble and submit required documentation to the National Visa Center.
Clinton Vows to Expand Obama's Immigration Executive Actions
HILLARY CLINTON vowed to expand President Obama's executive actions on immigration and cast the 2016 presidential election as critical for Latino voters because Donald Trump is the presumptive Republican nominee.
VT reaches $5.95 million settlement with Raymond James
The Vermont Department of Regulation has reached a settlement with Raymond James and Associates, Inc., in connection with the EB-5 scandal in the Northeast Kingdom.
Supreme Court Immigration Decision: 4-4 Tie Blocks Obama’s Executive Action Helping Immigrants
Breaking News: The Supreme Court announced today that it was deadlocked in a 4-4 tie in a decision on the immigration policies of U.S. President Barack Obama. The decision effectively blocks Obama's action, allowing an appeals court decision to stand.
Price for a Green Card: $500,000 Stadium Stake
For years, sports teams have tried to defray the multimillion-dollar costs of their new stadiums by asking fans to pay thousands for personal seat licenses that entitle them to buy season tickets.
Flávio Augusto da Silva is taking the concept further. In what may be the first deal of its kind, Mr. da Silva, the majority owner of Orlando City of Major League Soccer, is asking investors from Brazil, China and elsewhere to pay $500,000 each for a stake in the stadium he is building near downtown Orlando. In return, the foreign investors receive annual dividends, two season tickets and something even more valuable: a green card that allows them, their spouses and sometimes even their children to live and work in the United States.
Sting Operation by the Department of Homeland Security Leads to Visa Fraud Arrests
NEWARK — On the surface, the University of Northern New Jersey seemed legitimate. It had a website, with a seal featuring the Latin words “Humanus, Scientia, Integritas,” a list of business-oriented degrees offered and a promise of “an exceptional educational experience.”
It was so exceptional it did not exist.
Instead, the university was a fake, set up by the Homeland Security Department as part of a sting operation to ensnare criminals involved in student visa fraud.
USCIS Completes Data Entry of Fiscal Year 2017 H-1B Cap-Subject Petitions
USCIS announced on May 2, 2016, that it has completed data entry of all fiscal year 2017 H-1B cap-subject petitions selected in our computer-generated random process. USCIS will now begin returning all H-1B cap-subject petitions that were not selected.
Trump's And Sanders' Immigration Plans Would Shake The Biomedical World
First the big news. Presidential candidates Donald Trump and Bernie Sanders actually agree. On what could they possibly agree? Both are are opposed to the current H-1B visa program and would like to see the minimum wage of the visa raised. Both have highlighted the impact of the current visa program on jobs for Americans. Much of the Presidential debate over the H-1B Visa has focused on how the visa affects the computer and information technology world.