<!– Comment –>
<p>Comment: Why Rounds Bill Will Fail</p>
<div>
While we
<a
href=”http://discuss.ilw.com/articles/recent-issues/392221-dec-5-we-support-rounds-eb5-bill”
target=”_blank”
>
whole-heartedly support Senator Rounds’ EB5 Bill
</a>
because we think increased immigration is good for America, we expect that
this bill will fail. We think it will fail for precisely the same reason as
we support it–it will lead to a massive increase of 30,000+ in employment
based immigration, or roughly 20% increase in employment based immigration.
</div>
<div>
<br/>
</div>
<div>
The interests of the rural and urban EB5 interests are diametrically
opposed, completely misaligned and it is a zero sum game. The current
version of Rounds bill “solves” this problem by quintupling the whole pie
so both rural and urban interests gain. However, because the political
opposition to raising immigration numbers is massive, we expect that the
provision in the Rounds’ bill granting parole in 3 years thus increasing
the EB5 pie will be removed from the bill. Once that provision is removed
the conflict of interests between rural and urban projects will reassert
themselves, and rural EB5 projects and Senators from rural states will
ensure that the bill fails. Here are our best estimates of the Rural EB5
investments under various scenarios:
</div>
<div>
<table border=”1″ cellspacing=”0″ cellpadding=”0″>
<tbody>
<tr>
<td width=”192″ valign=”top”>
</td>
<td width=”144″ valign=”top”>
<p align=”center”>
Rural Investments
</p>
</td>
</tr>
<tr>
<td width=”192″ valign=”top”>
<p>
De facto 2012-2019
</p>
</td>
<td width=”144″ valign=”top”>
<p align=”center”>
$250 Million
</p>
</td>
</tr>
<tr>
<td width=”192″ valign=”top”>
<p>
Under new EB5 regulation
</p>
</td>
<td width=”144″ valign=”top”>
<p align=”center”>
$750 Million
</p>
</td>
</tr>
<tr>
<td width=”192″ valign=”top”>
<p>
Current Rounds Bill
</p>
</td>
<td width=”144″ valign=”top”>
<p align=”center”>
$1250 Million
</p>
</td>
</tr>
<tr>
<td width=”192″ valign=”top”>
<p>
Rounds Bill after negotiation
</p>
</td>
<td width=”144″ valign=”top”>
<p align=”center”>
$50 Million
</p>
</td>
</tr>
</tbody>
</table>
</div>
<div>
Again, we whole-heartedly support the massive increase in the EB5 numbers
in the Rounds bill, but given the political dynamics that the massive
increase is just a negotiating chip fully intended to be bartered away,
this bill will likely fail. EB5 projects should not get their hopes up that
Rounds’ bill will provide them relief from the effects of the new EB5 rule.
</div>
<p>Please let us know your thoughts by writing to <a href=”mailto:editor@ilw.com”>editor@ilw.com.</a></p>
<!– END Comment –>
<!– Article; Blogging; News –> <!– <p><a href=””></a> –>
<p><a href=”http://discuss.ilw.com/articles/articles/392238-article-eb-5-visa-fraud-claim-dismissed-with-prejudice-by-peter-j-biging-jennifer-h-feldscher” target=”_blank”>Article: Eb-5 Visa Fraud Claim Dismissed With Prejudice By Peter J. Biging & Jennifer H. Feldscher</a></p>
<p><a href=”http://discuss.ilw.com/blogs/immigrationlawblogs/392240-trump-keeps-obama-immigration-program-and-democrats-blast-him-by-nolan-rappaport” target=”_blank”>Blogging: Trump keeps Obama immigration program, and Democrats blast him By Nolan Rappaport</a></p>
<p><a href=”http://discuss.ilw.com/blogs/immigrationlawblogs/392225-video-shows-horrific-death-of-immigrant-victim-of-trump-s-crime-against-humanity-in-cbp-custody-by-roger-algase” target=”_blank”>Blogging: Video shows horrific death of immigrant victim of Trump’s crime against humanity in CBP custody By Roger Algase</a></p>
<p><a href=”http://discuss.ilw.com/articles/news/392241-article-uscis-announces-implementation-of-h-1b-electronic-registration-process-for-fiscal-year-2021-cap-season” target=”_blank”>News: USCIS Announces Implementation of H-1B Electronic Registration Process for Fiscal Year 2021 Cap Season</a></p>
<!– END Article; Blogging; News –>
<!– Focus –>
<p>Focus: PERM For Beginners and Advanced Practitioners<br>
Joel Stewart has done something remarkable in the new edition of THE PERM BOOK. He has taken the spaghetti of all the sources on PERM: legislations, rules, FAQs, cases etc. and reintegrated them into a simple and luminously logical progression of how to do PERM. In each of the chapters, he uses articles by notable practitioners and his own extensive commentary to provide deep insights on every aspect of PERM. If you are a seasoned PERM practitioner, you will appreciate the clarity of the organization seen in the table of contents below, and will discover many new insights in every chapter. For anyone relatively new to PERM, Joel Stewart serves as a trusted guide to your mastering the lay of the land of this complex area. This book belongs in the library shelf of every PERM practitioner. </p>
<p>Get your copy Now, Here: <a href=”http://www.ilw.com/books/THEPERMBOOK.shtm” target=”_blank”>http://www.ilw.com/books/THEPERMBOOK.shtm</a></p>
<!– END Focus –>
<!– Headlines –>
<a name=”Headlines” id=”Headlines”></a>
<!– Headline: <a href=””>Click here</a><br/> –>
<p>
Headline: More migrants from Africa are trying to reach the US through Mexico
<a href=”https://www.vox.com/2019/12/9/21002715/africa-migrant-asylum-refugee-mexico-central-america-cameroon-sierra-leone-congo-eu-immigration” target=”_blank”>Click here</a><br>
Headline: Border Arrests Down for Sixth Straight Month
<a href=”https://www.usnews.com/news/national-news/articles/2019-12-09/border-arrests-down-for-sixth-straight-month” target=”_blank”>Click here</a><br>
Headline: ICE and ERO Arrest 12 Fugitives in New York
<a href=”https://www.theepochtimes.com/ice-and-ero-arrest-12-fugitives-in-new-york_3169028.html” target=”_blank”>Click here</a><br>
Headline: Immigration Quotas of 1920s Failed to Aid U.S.-Born Workers’ Pay
<a href=”https://news.bloomberglaw.com/daily-labor-report/immigration-quotas-of-1920s-failed-to-aid-u-s-born-workers-pay” target=”_blank”>Click here</a><br>
Headline: Biden floats criminal charges for labor violations
<a href=”https://www.politico.com/newsletters/morning-shift/2019/12/09/biden-floats-criminal-charges-for-labor-violations-783448″ target=”_blank”>Click here</a><br>
</p>
<!– END Headlines –>
<!– Service Provider –>
<!– END Service Provider –>
<!– Classifieds –>
<p>Help Wanted: Immigration Associate</p>
NYC, Associate – Fragomen is seeking an Associate with 4+ years of business immigration experience to join one of its legal teams in NYC. PERM experience required.
Please visit our careers page for additional information:<a href=”https://bit.ly/2qrbUdH” target=”blank”>https://bit.ly/2qrbUdH.</a>
<p>Help Wanted: Immigration Associate</p>
Jersey City, Immigration Specialist – Fragomen is seeking an On-Site Immigration Specialist with 2+ years of business immigration experience to join a client site in Jersey City.
Please visit our careers page for additional information:<a href=”https://bit.ly/2D9fdcg” target=”blank”>https://bit.ly/2D9fdcg.</a>
<!– END Classifieds –>
<!– Letters to the Editor –>
<p><a href=”http://discuss.ilw.com/blogs/idblog/392239-letters-of-the-week-dec-9-dec-13″ target=”blank”>Letters of the Week</a></p>
<!– END Letters to the Editor –>
<!– ComingsNGoings –>
<p>ComingsNGoings: Immigration Reading<br>
Open Borders: The Science and Ethics of Immigration
By Bryan Caplan and Zach Weinersmith
First Second, 256 pp.
Hardcover, ISBN: 1250316979, $14.86. For more information, Click <a href=”https://www.amazon.com/Open-Borders-Science-Ethics-Immigration/dp/1250316960″>Here</a>.
</p>
<!– END ComingsNGoings –>
<p>
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<hr class=”ilwDailyLine”/>
<a name=”publisher” id=”publisher”></a> <!–PublisherEditor–>
Publisher: Sam Udani ISSN: 1930-062X<br/>
<a href=”http://www.ilw.com/immigrationdaily/advisoryboard.shtm”>Advisory
Board</a>: Jason Dzubow, Rami Fakhoury, Matthew Kolken, Chris Musillo,
Lory Rosenberg, Greg Siskind, Joel Stewart, Margaret Wong
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