In advance of today’s conversation with Director Mayorkas, the USCIS released the revised draft of the EB-5 policy memorandum, as well as a red-line version of the original memo, released last November, containing proposed changes to the program. As one of the 25 participants in today’s conversation at USCIS headquarters, I will be updating our readers this evening on the ongoing dialog between the government and stakeholders in the EB-5 program.

GT expects that in 2012 the government will continue to increase scrutiny of the program itself, as well as of Regional Centers and individual projects. With the program growing exponentially in 2011 and the press beginning to take a look under the rocks, ensuring compliance will be more critical than ever. Whether you are a developer, project seeking funding, regional center principle or foreign investor, it is crucial that you understand the obligations, implications and responsibilities of all parties involved in this type of foreign investment.