Law360, New York (May 08, 2012, 1:25 PM ET) -- We again compliment Director Alejandro Mayorkas of the U.S. Citizenship and Immigration Services (USCIS) for his openness to engage the community. On Friday, April 27, 2012, he led a discussion over the “Tenant-Occupancy Economic Model” used by many real estate project-based Regional Centers (RCs).
Unfortunately a session meant to clarify some nagging issues raised more questions than it answered.
What was Said by USCIS
Absent fraud, material changes, new sets of facts, or misrepresentation:
in traditional EB-5 investment projects, USCIS will not revisit the validity of...