Latest Reforms to EB-5 Program Are Nearly Complete

Thursday, December 10, 2015

Scott Bettridge, chair of Cozen O’Connor’s Immigration practice, discusses the latest reforms of the EB-5 Program in the Daily Business Review. Nationally, the EB-5 program has been plagued with allegations of abuse including fraud, Securities Exchange Commission violations, preferential treatment, and manipulation of census tract selections so that projects in affluent areas can appear to qualify as low-employment areas. "These are reactions to a history of abuses," said Scott. "It's absolutely necessary. It will definitely shed the marginal players in the field."

To read the article, click here.

Contacts

Scott Bettridge

Chair, Immigration Practice

sbettridge@cozen.com

(305) 704-5953

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