Immigration attorneys, businesses considering EB-5 capital, those wishing to establish EB-5 Regional Centers and existing EB-5 Regional Centers are invited to a one-day EB-5 workshop to be held in Chicago on August 30, 2010.
The EB-5 immigrant visa program was created to attract immigrant investors to the United States to invest capital, create jobs and stimulate the economy. The workshop is designed for:
•Immigration attorneys: The EB-5 program is a highly beneficial permanent residence option for the wealthy individual.
•Businesses considering EB-5 capital: Given the current condition of the credit market, the EB-5 Investment Visa may be the answer for businesses that lack traditional capital options.
•Those wishing to establish EB-5 Regional Centers: More than 90 percent of EB-5 investment is conducted through federally approved Regional Centers.
•Existing EB-5 Regional Centers: Topics include properly setting up escrow accounts, drafting USCIS-compliant business plans, Regional Center administration and properly structuring your EB-5 enterprise.
“Everyone wins with the EB-5 program – cities and regions benefit from economic growth through creation of new jobs, businesses obtain a source of inexpensive and available capital, and foreign investors get a path to immigration,” said Joseph C. McCarthy, an immigration attorney. “This workshop seeks to demystify this complex government program and help more people access the benefits of EB-5.”
The workshop will be led by experienced EB-5 professionals who have authored more than 15 Regional Center applications, as well as numerous project-specific business plans and econometric analysis:
•Joseph C. McCarthy, an immigration attorney with the law firm of McAdam & McCarthy, has successfully represented more than ten Regional Centers. He is a member of the American Immigration Law Association (AILA) and the Legislative Committee Chair with Invest in USA (IIUSA), a national trade association of EB-5 Regional Centers.
•Michael Homeier and Jor Law, partners with corporate law firm Homeier & Law, have successfully assisted multiple EB-5 Regional Centers in structuring their EB-5 enterprises, drafting the required offering memoranda, and preparing their business for EB-5 investment. Both attorneys are frequent presenters at EB-5 industry events, such as conferences held by the American Immigration Law Association, State Bar of California and the Los Angeles County Bar Association.
•Kevin Wright, an economist with the consulting firm Wright Johnson, LLC based in West Palm Beach, FL, has prepared economic analyses for Regional Center proposals and individual business projects.
•Suzanne Lazicki, founder of Lucid Professional Writing, has assisted many Regional Centers with preparing USCIS-compliant EB-5 businesses plan. With an intermediate A level certificate in Mandarin Chinese, Ms. Lazicki also provides translation verification services.
•Peter Joseph, interim executive director for IIUSA, heads the 501(c)(6) not-for-profit industry trade association made up of Regional Centers, attorneys, consultants and other EB-5 service providers. Formed in 2005, IIUSA is dedicated to being a unified voice for making the EB-5 Regional Center program permanent. IIUSA retains representation in Washington, D.C., to advocate the Association’s positions to Congress, USCIS and other federal agencies.
•Brian Terwilliger, vice president of business development at NES Financial specializing in complex multiparty escrows, has assisted several EB-5 Regional Centers with the transfer of foreign investment to local projects in accordance with USCIS standards.
The workshop will be held August 30, 2010 in the John Buck Building at 155 North Wacker Drive in Chicago from 9 a.m. to 3 p.m., and will be followed with a reception. To register for the workshop, visit www.eb5regionalcenterdevelopment.eventbrite.com. Fees are $395 for the full day event. A second workshop, EB-5 Seminar: Regional Center Promotion and Immigrant Investor Procurement on August 31, is $415. Individuals who sign up for both receive a $100 discount.
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