On the cover
Vo l u m e 3 - N u m b e r 2
This issue looks at the EB-5 program’s impact on American workers
and examines the implications of recent legislation. Our focus is
on the Americans whose jobs were created by EB-5 investments.
Their stories start on page 63. As the EB-5 industry faces reform
and reauthorization, we also invited experts to weigh in on the
implications of new legislation. Analysis on the Leahy-Grassley
Bill’s proposed changes to TEA designations, Compliance
regulations and more begins on page 40.
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Publisher’s Note
COVER STORY
6 E-2 vs. EB-5
Understanding the Differences
and Transition
by Martin Lawler
12 Why Every EB-5 Issuer Needs
an FCPA Compliance Program
Implications for Due Diligence
by Charles Kaufman & Jor Law
18 Migration Agent Interviews
David Chen: A Rising Star
Tony Tang: EB-5 Investor Turned Agent
by EB5 Investors Magazine Staff
28 EB-5 Due Diligence
Job Creation in Real Estate Developments
by Michael Streit
32 Loan Proceeds as Capital
Practice Advisory on USCIS
“Indebtedness” Policy
by Susan Pilcher
FEATURED STORY
40 Through the Looking Glass:
Reform and the Future of EB-5
by Jeffrey Carr
Employment
Areas in Downtown Districts
by Elliot Winer
TEA
Definition in the Leahy-Grassley
Proposal Would Severely Hinder
Potential EB-5 Projects
by EB5 Investors Magazine Staff
76 Investor Profile - John Yao
by EB5 Investors Magazine Staff
78 Opinion: The Pros and Cons
of Retrogression
Working Through the
Chinese Visa Cap
by Phil Cohen
82 EB-5 and the Brazilian Market
Brazilians Discover How
to Invest in the United States
by Edward C. Beshara & Rogelio Caceres
88 No Two Plans Are Alike
How Business Plans Should Differ
for Direct Investment vs. Regional
Center Investment to Ensure
Matter of Ho Compliance
by Marisa Marconi
92 How Do You Handle Your First EB-5?
Five Points to Consider in
a Co-Counsel Relationship
Opinion: Rethinking Targeted
86 Upcoming EB5Investors Magazine
Events
by Reid Thomas
The Need for One Voice
The faces, names and stories of
10 Americans whose jobs were
created by EB-5 investors
36 Trends in Investor Diversification
Challenges and Opportunities
63 American Jobs
by Fredrick Voigtmann
96 Opinion: Inherent Conflicts
of Interest
The Pitfalls of Multi-Party Representation
in the EB-5 Context
by Bethany Mito Lee & Nelson Lee
by Michael Kester
The
Heat is Getting Turned Up
On Compliance
by Reid Thomas & Daniel B. Lundy
Changes for Source and Path of Funds
Adjudications - Again!
by Anusree Nair
WWW.EB5INVESTORS.COM
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