Greenberg Traurig, LLP’s Immigration and Compliance Practice Global Co-Chair Kate Kalmykov and Shareholder Jennifer Hermansky received recognition in EB5 Investors Magazine’s “Top 25 Attorneys” issue. The publication highlights the industry’s leading legal professionals working in support of the Employment-Based Immigrant Investor Visa Program (EB-5), which provides foreign nationals U.S. visas, contingent upon designated
Business immigration visa quotas have long presented a major hurdle for employers and employees. There is no logic to the quota systems that Congress has in place, and quotas are not accurately connected with economic reality.
It is important for the US economy that Congress takes the necessary steps to update the employment-based visa system
The federal government’s fiscal year begins on Oct. 1, and while the new fiscal year brings new visa numbers, many EB-5 regional center stakeholders and investors were surprised by the retrogression in the October visa bulletin.
Click here to read the full article, published by Law360 Sept. 28, 2022.
The Biden administration has revoked Presidential Proclamation 10014 of April 22, 2020 -Suspension of Entry of Immigrants Who Present a Risk to the United States Labor Market During the Economic Recovery Following the 2019 Novel Coronavirus Outbreak (PP 10014).
PP 10014 was intended to stop the issuance of immigrant visas at embassies and consulates abroad
Every fiscal year (October 1st – September 30th), approximately 140,000 employment based immigrant visas are made available to qualified applicants. These employment based visas once approved serve as the basis for an individual’s green card application once approved. Spouses and minor children under 21 years of age may accompany or follow-to-join employment based immigrants.
Employment