On Jan 23 2015 by H. Ronald Klasko

What’s So Special About Our EB-5 Seminar?

A number of our readers and clients have inquired as to how we chose the two main topics for our inaugural EB-5 seminar on February 10th in Philadelphia.

The short answer is that we chose two topics that (a) are very hot and uppermost in our clients’ minds and (b) are least discussed in other seminars and other written forums. These two topics are the EB-5 marketing process, most especially in China and India, and the compliance responsibility of regional centers and project developers, most especially with respect to condition removal.

As I have written about on numerous occasions, and as I constantly discuss with my clients, the fully-compliant EB-5 project will only be successful if it is marketable. The morning of the seminar will be devoted to project marketability. Featured speakers will include prominent migration agents from China and India, as well as the General Manager of EB-5 Market Connect, which is a company (with full disclosure, of which I am a principal) that matches EB-5 projects with overseas migration agents.

The marketing panels will feature:

  • presentations on successfully marketed projects in China;
  • helpful advice from agents on the Chinese and Indian markets;
  • characteristics of a project that affect marketability;
  • how best to relate to an overseas migration agent;
  • cost of capital considerations;
  • changes in marketable escrow arrangements; and
  • other issues affecting marketability.

The afternoon will be focused on compliance, including annual reporting, condition removal and securities law compliance. Our invited guest speaker will be Reid Thomas from NES Financial. NES is the largest escrow agent in the EB-5 realm and is also the creator of the leading software product to enable regional centers and project developers to monitor investments, construction expenditures and job creation. Our firm will discuss its industry-leading compliance team, which includes a lawyer, a paralegal and an auditor for each of our client’s projects. The panelists will discuss creation of systems, databases, software, personnel needs and best practices regarding both the I-924A annual compliance process and the I-829 condition removal process.

There are three other aspects to the seminar that are worthy of note. A one-hour EB-5 fundamentals program will be offered in the morning before the regular program commences. The luncheon program will feature hot topics in EB-5, including forecasts of legislation, new regulations, regional center program renewal and USCIS policy making. Finally, the program will end with a networking reception at which our attorneys and guest speakers will be available and at which all of the attendees will have an opportunity to share questions and experiences.

We are excited to be hosting this event, and we look forward to seeing many of you in Philadelphia on February 10th. Register Now!