investors , particularly those stuck in long waiting lines . At the end of the day , the EB-5 program provides a path for a limited number of high-net-worth investors who create jobs directly or indirectly via the Regional Center program . So , if you do not win the lottery , have a close US citizen or green card holder spouse or relatives , and are not eligible to selfsponsor as an extraordinary or exception individual , this program is one of the few options for persons seeking to live in the U . S .
unresolved questions regarding the many changes to the EB-5 program included in the RIA . EB-5 investors , Regional Centers , and U . S . entities raising EB-5 capital deserve transparency and more detailed guidance from USCIS .
WHAT DOES THE FUTURE HOLD FOR THE EB-5 PROGRAM ?
Despite these issues , the EB-5 program continues to increase in popularity and provides a viable path for
Bernard P . Wolfsdorf is the
past national president of the American Immigration Lawyers Association ( AILA ).
He is managing partner of WR Immigration . Wolfsdorf specializes in a broad range of immigration areas , primarily relating to corporate global mobility , including business and investment visas . He has been certified by the California State Bar as an immigration and nationality law specialist for over 25 years . Wolfsdorf is a long-standing member of the Alliance of Business Immigration Lawyers ( ABIL ) and ABIL Global , which include the managing partners of the top immigration firms worldwide . He has served on the AILA EB-5 Investor Committee , Board of Governors , and Governance Committee . AILA honored him with its prestigious Service Excellence Award for his distinguished volunteer work . He has also received recognition from Best Lawyers , Chambers & Partners , Who ’ s Who Legal , Super Lawyers , EB5 Investors Magazine , and more . Recently , he has been selected for inclusion in the 2023 edition of The Best Lawyers in America .
Joseph “ Joey ” Barnett is a partner at WR Immigration and a member of its EB-5 and business immigration practices . He is licensed as an attorney in Illinois , Wisconsin , and the District of Columbia , and practices exclusively in immigration and nationality law . Barnett has extensive experience representing immigrant investors seeking permanent residency in the United States through USCIS-designated Regional Centers and investment in their own businesses . Barnett also counsels U . S . businesses and developers in creating , managing , and using Regional Centers for the receipt of EB-5 capital to create jobs for U . S . workers . He currently serves on the American Immigration Lawyers Association ’ s ( AILA ) Benefits Litigation Committee and is a former member of the IIUSA Editorial Board . Barnett was selected by EB5 Investors Magazine as a Top 5 Rising Star in 2019 and a Top 25 Immigration Attorney in 2023 . He was also selected for inclusion in the 2023 edition of The Best Lawyers in America .
Vivian Zhu is a partner at WR Immigration . She advises corporate clients in technology , entertainment , media and retail on global mobility and expansion strategies . Zhu ’ s clients include Fortune 500 and medium size corporations , as well as entrepreneurs , investors , and individuals . Zhu specializes in U . S . employment and business immigration cases , including immigrant and nonimmigrant visa applications . She also handles complex immigration cases such as protecting ageout derivative children under CSPA , mandamus litigation , and inadmissibility . She supervises large teams including attorneys , paralegals , and administrative staff vigilantly ensuring expeditious resolution of issues and resolves complex immigration cases . Zhu also has several years ’ experience in corporate and securities laws representing companies in reverse mergers , PIPEs , initial public offerings , follow-on public offerings , and Exchange Act filings .
8 EB5 INVESTORS MAGAZINE