EB-5 RIA Live Online Course (Recording)

EB-5 Reform and Integrity Act of 2022 (RIA): Reauthorization, Significant Changes and What They Mean for You and Your Client 

Learn about all the new changes in effect now and upcoming for EB-5 investors and Regional Centers after the passage of the 2022 EB-5 Reform and Integrity Act (RIA). This recording of the live online course held throughout May 2022 has content for practitioners at all levels. AILA experts break down the updates and changes at both high and granular levels and bring it down to what it all means for your clients and your practice on the ground. Learn practical strategies for your EB-5 case, prepare your practice for the new RIA regime, and get a refresher on how to stay in your lane and avoid ethical pitfalls. 

Live Online Course Format:  

This AILA University course, held over four weeks in May, includes eight, one-hour webinars, plus Q&A. Due to the late breaking nature of this course, CLE credit is not available.   

Course Includes: 

• Recordings of 8, one-hour webinars covering the latest information on EB-5  
• Course materials identified by our expert faculty

Sessions:

WEEK ONE: THE BIG PICTURE  

Session 1, May 4: 2022 EB-5 Reform and Integrity Act: What Do We Know and What Don’t We?  

• Grandfathering
• Concurrent Filings
• Effective Dates
• Set Asides
• TEAs
• Investor Protections / Integrity
• What We Don’t Know
• Immediate Visa Availability for Regional Center (RC) Investors
• Impact on Prior RC Designation

Faculty:  

Robert C. Divine (DL), Chattanooga, TN  

Jeffrey E. Campion, AILA EB-5 Investors Committee, Weston, FL 

Dillon R. Colucci, AILA EB-5 Investors Committee, Los Angeles, CA 

Session 2, May 6:  For the Practitioner on the Ground: What Can You File, When, and Other Pressing Practical Questions Answered   

• Grey Areas and Elevated Risk—Can New Cases Be Filed Without New Forms and Regulations? 
• Consular Processing vs. AOS Strategies 
• Communicating Novel Issues and Risks with Clients
• Processing Times 
• Good Faith Investor Protections Including Defrauded Investors 

Faculty:   

Matthew T. Galati (DL), AILA EB-5 Investors Committee, Elkins Park, PA  

Phuong N. Le, AILA EB-5 Investors Committee, Los Angeles, CA    

Kristal Jeanette Ozmun, Ithaca, NY 

WEEK TWO: A CLOSER LOOK  

Session 3, May 11: Existing Investors: Responding Astutely to “What Does This Mean for Me, Counsel?”   

• Pending Cases  
• Backlogs at NVC / Consular Capacity   
• Set Asides  
• CSPA Issues with Aged-Out Children 
  Administrative Exhaustion Requirement 

Faculty:  

H. Ronald Klasko (DL), AILA Past President, AILA High Impact Litigation Committee Chair, Philadelphia, PA 

Bernard P. Wolfsdorf, AILA Past President, AILA EB-5 Investors Committee, Santa Monica, CA 

Bradley B. Banias, Charleston, SC  

Charles Oppenheim, Washington, DC 

Session 4, May 13: And Now for Something Technical: Effect of the Regional Center Program Repeal, New Job Creation Rules, TEAs and More   

• Are New Project Preapprovals Required? 
• New Certifications Required by Regional Centers and Investors 
• When and How Will TEA’s Be Decided? 
• Direct-Indirect Job Creation Rules
• New Definition of “Capital” 

Faculty:  

Jennifer Hermansky (DL), AILA EB-5 Investors Committee Vice Chair, Philadelphia, PA    

Michele A. Franchett, AILA EB-5 Investors Committee, Los Angeles, CA 

Kyler James, Chief Economist, CMB Regional Centers, Meridian, ID 

WEEK THREE: REGIONAL CENTER REBOOT  

Session 5, May 18: Regional Center Oversight: Examining Investor Effects  

• Certifications by RCs and Promoters 
• Integrity Measures 
• Fund Management Requirements
• Fund Administrator Required for Existing NCEs or Only New Filings? 
• CPA and Business Advisors 
• Disclosures to Investors
• Audits and Site Visits 

Faculty:   

David Morris (DL), AILA EB-5 Investors Committee Chair, Washington, DC 

Walter Solomon Gindin, AILA EB-5 Investors Committee, CanAm Enterprises, LP, New York, NY 

William Gresser, EB-5 New York State Regional Center, LL.C., Buffalo, NY  

Jill Jones, JTC Americas, San Jose, CA    

Session 6, May 20: Direct EB-5: A Third Revival or Dead Again?  

• Pooled Directs Still Viable?
• How Will TEAs Be Determined?
• Types of NCEs that Can Be Used
• Recent Adjudication Trends with Direct Cases
• Requests for Evidence on Job Creation 
• Using 3rd Party Evidence in Support of the Business Plan
• New Source of Funds Requirements 

Faculty:  

Joseph Martin Barnett (DL), AILA EB-5 Investors Committee, Santa Monica, CA 

Edward C. Beshara, AILA EB-5 Investors Committee, Maitland, FL 

Mona Shah, New York, NY 

Kurt Reuss, eb5Marketplace, Toronto, CA 

WEEK FOUR: SNEAK PREVIEW—WHAT’S AHEAD  

Session 7, May 25: Staying in Your Lane: Preparing Your Practice for EB-5 2.0   

• Updating Engagement Letters
• Advising Clients Who Wish to File Ahead of Implementing Regulations
• Focusing on the Immigration Lawyers’ Role—Common Pitfalls
• Client Questions on RC Projects: Immigration Lawyers’ Role and Limitations  

Faculty:  

John Patrick Pratt (DL), AILA EB-5 Investors Committee, Coral Gables, FL 

Kenneth Craig Dobson, AILA Ethics Committee, AILA Lawyer Well-Being Committee Vice Chair, New York, NY

Gawain Charlton-Perrin, Director of Risk Management, Hanover Professionals, Itasca, IL 

Session 8, May 27: Advocacy: It Ain’t Over Yet and the Real Work Begins  

• Which Sections of the Law Require New Regulations? 
• Which Areas May Be Clarified Under the Policy Manual Only? 
• Areas of Advocacy for Lawyers and the Public 
• Continued Areas of Litigation Against the Agency 

Faculty:  

Carolyn S. Lee, AILA EB-5 Online Course Planning Committee Chair, AILA EB-5 Investors Committee, Ithaca, NY 

Aaron Grau, Executive Director, Invest in the USA (IIUSA), Washington, DC  

Jonathan Bernard Baselice, Vice President, Immigration Policy at U.S. Chamber of Commerce, Washington, DC  

The speakers' views do not necessarily represent the views of AILA, nor do they constitute legal advice or representation. Practice tips provided in the written materials are based on the speakers' experiences and current state of the law. Please be sure to conduct legal research and analysis for your unique situation as the law changes quickly and the speakers' experiences may differ from your own.