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Seyfarth Synopsis:The EB-5 Immigrant Investment program is at a critical
juncture. As Congress contemplates reform legislation, little is
known about how newly appointed officials in the Department of
Homeland Security will administer and enforce the EB-5 program. The
President has named two new officers, Francis Cissna as Director of
USCIS (subject to Senate confirmation), and Julie Kirchner, who has
already begun to serve as the USCIS Ombudsman. Their past actions
foretell only part of the EB-5 program' s future. Time will
tell the rest.
Memes, apocrypha, obfuscation, head feints, hand-wringing, and
supposition: These are the misleading and unreliable stuff of the
Interweb. To a great extent, alas, they also infect the EB-5
ecospace. This article will avoid conjecture and look at the few
hard facts we know about Trump Administration appointees and the
positions they will hold, while encouraging EB-5 stakeholders
momentarily to suspend their hopes and fears.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
