TOP EB-5 INDUSTRY RISING STARS
SARA WANG Senior Associate Lee & Lee PS
Sara Wang joined Lee & Lee PS in 2010 and her practice focuses primarily on immigration and civil litigation. Particularly, Wang has extensive expertise in U. S. business and investment based immigration visa programs, including EB-5. She has personally consulted with and filed applications for over hundreds of immigrant families. She also specializes in legal issues faced by the investors once they gained entry into the United States. Wang is often invited as a guest of honor in immigration seminars overseas and other speaking engagements. Prior to joining Lee & Lee, she worked at the King County Prosecuting Attorney ' s Office for six years and between 2005-2008 worked in Shanghai in the fields of media and employment law. Wang graduated with distinction from the University of Washington with dual degrees and received her J. D. from Seattle University School of Law. She is fluent in Mandarin Chinese.
WHAT TRENDS ARE YOU SEEING IN THE EB-5 INDUSTRY?
As retrogression grows for mainland China born investors, it can be expected( and we are already seeing) that the petition amount for EB-5 will drop compared to the 2014- 2016 numbers. Until congress addresses the retrogression issue, the popularity of this program is expected to suffer.
On the other hand, the SEC and USCIS are cooperating and being more vigilant than in the past two years. Due to their influence I believe that the industry will self regulate more and weed out a lot of the poor and fraudulent investment projects, creating a safer environment for foreign investors.
WHY DID YOU GET INVOLVED IN THE EB-5 INDUSTRY?
By pure chance! But I soon discovered that it deeply resonated with me. As a child from a business immigrant family myself, I inherently understand the stakes involved with each investor family. This is and can be an anxiety-ridden process for the investors and I look to sooth that using my legal expertise and experience. It takes an immense amount of courage to leave everything familiar behind to start anew in a foreign country, especially when financial investment is also at risk. I deeply believe that my clients deserve to have an advocate who truly cares about what they go through.
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