Ronen

A Great Interview — Best Practices for EB-5 Redeployments

[Also available on LinkedIn.] This is a great interview going through the best practices for EB-5 redeployments. The interview is largely given from the perspective of the fund managers. However, the interview also makes it very clear just how difficult it can be for investors to understand and protect their rights in the event of […]

Some basic fairness questions EB-5 investors and their advisors should consider in the event of a redeployment/reinvestment:

[Also available on LinkedIn.] What was the process the fund manager engaged in to determine the fairness of the terms of the deal? How does the fund manager stand to profit from the redeployment? Does a conflict of interest exist? Did the fund manager secure an independent evaluation of the fairness of the process and […]

EB-5 Investor Protection Tip

[Also available on LinkedIn.] If your Eb-5 investment was redeployed and your fund manager sat on both sides of the transaction, that is a fundamental conflict of interest. In that situation, it makes sense to have an attorney who is familiar with breach of fiduciary duty lawsuits vet your situation to evaluate the process and terms […]

Form I-134, the Other Affidavit of Support

Sponsors for temporary nonimmigrant visas such as K-1 fiance or K-3 spousal visas generally must complete an I-134 affidavit of support. If a sponsor executes an I-134, but not an I-864, is the affidavit enforceable by the sponsored beneficiary? I-134 affidavits have generally been held to be unenforceable. Courts have determined that the language of […]

Joseph Gentile Is Interviewed By Authority Magazine

Joseph Gentile sat down with divorce journalist Ilyssa Panitz of Authority Magazine to discuss “Immigration Divorce” — the intersection of immigration and the process of gaining US residency through marriage, sponsorship and the financial issues that come with the Immigration Form I-864, Affidavit of Support. The full article can be viewed here, as well as […]

Congress Set to Reauthorize EB-5 Program

[Also available on LinkedIn.] This is promising and should take a lot of people out of limbo. Hopefully this will result in a bunch of long delayed green cards and investor redemptions being issued in the near future. Congress Set to Revive EB-5 Program Giving Green Cards to Foreign Investors

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