Daniel B. Lundy, an associate with Klasko Immigration Law Partners, LLP and member of the Firm’s EB-5 practice, recently spoke on “EB-5 Trends and Developments” at the Council for Development Finance Agencies/Association to Invest in the USA’s “Intro EB-5 Finance” WebCourse.
Mr. Lundy reviewed trends and developments related to the EB-5 program and explained important factors to consider when using this form of financing. Topics discussed included capital and job formation; recent developments at U.S. Citizenship and Immigration Services (USCIS), the federal agency that administers the program; and legislative reform efforts that could affect the program.
Mr. Lundy represents developers and others who seek to use foreign investment funds under the EB-5 program to fund their projects, either through the formation of a Regional Center or by joining with an existing Regional Center. Mr. Lundy works with various securities lawyers, economists, business plan writers and other professionals in the preparation and filing of Regional Center designation and Regional Center amendment applications. He is experienced in reviewing Regional Center and project business plans, economic reports, securities offering documents, and corporate documents for compliance with the EB-5 program requirements, and in consulting and advising clients on the specific immigration requirements of the EB-5 program. Mr. Lundy has also successfully represented numerous immigrant investors in their EB-5 petitions and applications, including investors seeking permanent residence through investment in their own businesses and investors seeking permanent residence through investments into USCIS approved Regional Centers. Mr. Lundy is a graduate of Hunter College (B.A., 2000) and Fordham University School of Law (J.D. 2006). He is a member of the American Immigration Lawyers Association (AILA).
