A key provision of EB-5 Immigrant Investor legislation, the Regional Center provision, is set to expire on September 30.  The Regional Center provision softens the job creation requirement by allowing a tally of indirect jobs created by businesses related to, but not owned by, an investment project to count towards the ten workers requirement.

A Regional Center is defined as an “economic entity. . . involved with the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment.”  Under the program, EB-5 investors pool capital to finance projects intended to improve the local economy where the project is located.  The Regional Center program has been popular among foreign investors, with nearly 240 approved by USCIS nationwide.

Stay tuned for further developments.

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Immigration Reform Shunted Aside Again

Posted January 17, 2013

Well here we are off to a rancorous political start to 2013. Despite the inclusive promise of Barack Obama’s re-election to the White House, the terrible December shooting in Newtown, Connecticut has moved gun control legislation to the top of Washington, DC’s legislative agenda, to be followed closely by another debt-ceiling deadline with muddy budgetary tug-of-rope.  Sensible, comprehensive immigration reform has been shunted aside by these geniuses once again.

To be sure, as President Obama continually asserts and recent stirrings from GOP torchbearers foretell (see Rubio, Marco), immigration reform appears to remain priority number three, although that could change if  Al Qaeda in Africa creates unforeseen havoc.

Or perhaps Congress will decide it’s time to truly do something about the absurdity of college football’s BCS.

Stay tuned and remain patient, friends. Change is on the horizon.  ~ FRW

 

 

 

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In Reply to Mitt Romney and David Frum

Posted November 28, 2011

David Frum is a former special assistant to George W. Bush and a frequent political commentator who maintains a popular online community, FrumForum.  In a recent CNN column, he weighs in on the heated immigration debate, siding with Mitt Romney in opposing Newt Gingrich’s recent assertion that some form of a legalization program must be coupled with continuing enforcement.  The following is my reply.

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I believe Gingrich is more right and Romney (and Frum) are more wrong here. There will have to be compromise in this legislation. There are very few absolutes in U.S. immigration.

Gingrich doesn’t deny that enforcement is a two-pronged approach, part securing the border, part employer sanctions.

The guest worker issue likewise requires a duality of approach that doesn’t cater to absolutist socioeconomic principles. We must address low-skilled workers, the poor tired huddled masses (as it were – now more like the guys hanging around Home Depot) as well as the engineers and scientists so valued by the business community and research institutions.

Current low-skilled guest worker visa programs that are tied to seasonal or agricultural employment are not the problem. Existing J and H categories (exclusive of H-1B) will have to become part of the solution, tweaked, bifurcated and expanded somehow to provide a semi-orderly transition from the past to the future for working illegals who would otherwise have no basis to qualify for a legalization program. Frum and Romney apparently dismiss this technocratic approach entirely, until the border is secure, and they’re wrong. First build the roads, then build the towns. Colonials had the luxury of vice versa; we no longer do.

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