Job Creation – Opportunities for Foreign Investors

When the Senate advanced the job-creation bill last week, employers were given the signal that hiring tax incentives are on the horizon. Perhaps in a nod to the Administration’s No. 1 priority of creating jobs for unemployed Americans, the USCIS has just announced a forum on the EB-5 immigrant investor program. In the last year, and as recently as December 2009, the USCIS issued updated guidance on I-526 and I-829 filings so that USCIS adjudications could make decisions with clarity and consistency, allowing investors to make job creation through the EB-5 program a reality soon as possible. These are all indications that this is the time for foreign investors to again bring private enterprise to our great nation.

The upcoming USCIS EB-5 forum is only open to attorneys representing these so-called “million dollar investors.” Romben Law, APC attorneys will be in attendance and ready to present concerns facing our clients as well as potential issues for those investors considering the EB-5 program.

It is true that the EB-5 investors greencard process is often called “hypertechnical,” and has in the past been plagued by administrative delay and inconsistent treatment. But I believe that the view of recent USCIS’ actions, the agency is acknowledging just how critical the EB-5 investors program is to our nation’s economic recovery. For each EB-5 investment, 10 full-time jobs must be created, and that means 10 more working Americans. Call Romben Law, APC if you would like to discuss how you can start investing in America. —ecf