Author Archives: Michael

TEA Designations – Final Rule Leaves Many Questions and Risks

The following article is reproduced in its entirety from the article published in IIUSA’s Regional Center Business Journal (October 2019, Pages 38-40) issuu.com/iiusa/docs/iiusa-rcbj_october2019_final_web The final rule for The EB-5 Immigrant Investor Program Modernization regulation was published by Department of Homeland … Read More

EB-5 Sneak Peek Map for 2019

TEA SNEAK PEEK for Census Tract Unemployment Rate: What you want to know for EB-5 Project TEA Certification – looking ahead For the third year in a row, we are providing the EB-5 TEA Sneak Peek Map to help our … Read More

EB-5 TEA Map Release for 2018 – with Webinar

With the release of the finalized unemployment data from calendar year 2017, we have updated our Annual EB-5 Targeted Employment Area Map to reflect the most up-to-date unemployment data for census tracts. Impact DataSource Free Annual EB-5 TEA Map, April … Read More

BEA RIMS II Multipliers Updated

On March 29 last week, the Bureau of Economic Analysis (“BEA”) announced that new multipliers for the Regional Input-Output Modeling System (“RIMS II”) had been released. The new multipliers have been updated to reflect 2016 regional data; they replace the … Read More

Map of Targeted Areas under March 2018 Proposed EB-5 Reform Legislation

Areas formerly known as TEAs? A draft of proposed reform and reauthorization of the EB-5 Immigrant Investment program began to circulate Friday, March 9th. Among many revisions to the existing program, the draft included new definitions of areas that to … Read More

Opportunity Zones: New Program to Incentivize Investment in Distressed Areas

The Basics of the Opportunity Zone Program The new Opportunity Fund program was established by Congress in the Tax Cuts and Jobs Act of 2017 late last year. The purpose of the Opportunity Zone program is to encourage long-term investments in … Read More

EB-5 Sneak Peek Map for 2018

TEA SNEAK PEEK for Census Tract Unemployment Rate: What you want to know for EB-5 Project TEA Certification in 2018 Last year we introduced the EB-5 TEA Sneak Peek Map to help our clients that wanted to know how the … Read More

New Form I-924A Requirements for Job Creation Reporting

Filing the Yearly I-924A It’s the time of the year when EB-5 regional centers must review their activity over the fiscal year and submit the annual I-924A form to the US Citizenship and Immigration Service (“USCIS”). The I-924A form is … Read More

Potential TEA Definitions: The Most Recently Proposed Legislation (July 2017)

Update Aug 1, 2017: See our full article in the IIUSA Regional Center Business Journal on page 30. Though very unlikely to actually expire, the EB-5 Regional Center Program is again set to sunset in the coming fall and the … Read More

Annual TEA Map Release & TEA Webinar

EB-5 Updates & Release of Our Annual EB-5 TEA Map The EB-5 world is even more frenzied than usual this April. Typical April activity includes the annual IIUSA EB-5 Advocacy Conference, which kicks off today, and the data shuffle by … Read More