TOP IMMIGRATION AT TORNEYS
BELMA DEMIROVIC CHINCHOY
IY E R DEMIROVIC CHINCHOY LLP
For more than eight years,
Belma Demirovic Chinchoy
has focused solely on
representing high net worth
in di v id uals , e n tre p re n e u r s
and multinational companies in the EB-5, E-2, L-1 and
EB -1 immigration categories. Chinchoy ’s clients are
diverse across industry sectors (real estate, technology,
fashion, and manufacturing) and countries of origin. She
is frequently retained to counsel on investment-based
cases in post-initial filing stages (RFE, NOID, denials) and in
Federal court litigation. Chinchoy is licensed in California.
She is a member of the American Immigration Lawyers
Association, Los Angeles County Bar Association and other
EB-5 professional organizations. She is a frequent speaker
and professional trainer on EB-5 topics.
WHAT ARE YOUR THOUGHTS ON THE
EB-5 MODERNIZATION CHANGES THAT
TOOK EFFECT IN 2019 WITH THE
INCREASED INVESTMENT AMOUNTS?
Although anticipated, the November 2019 changes have had a
shocking effect on the EB-5 industry, specifically on the EB-5
investors. As with every significant change, an adjustment
period is needed and the EB-5 industry will adjust. For many
foreign nationals, the EB-5 program remains the most secure
and straightforward path toward U.S. residency. Sourcing
investment funds will be more complicated for many investors
due to the increased amount. In terms of substance, the
changes left unaddressed many important issues in the EB-5
program, including the unreasonably long processing times,
lack of proper oversight over regional center administration
and fraud.
WHAT NEW TRENDS ARE YOU SEEING
IN THE EB-5 INDUSTRY?
The USCIS adjudication trends are resulting in a lot of busy
work for EB-5 attorneys. For example, an RFE on a project
matter issued 30 months after I-526 submission asking for
clarification of a business plan. At this stage, the project has
been fully implemented and the issue raised is moot. However,
acting in the best interest of our clients, we cannot dismiss
the RFE and we spend the time responding. We are also
seeing an increase in regional centers and investors seeking
second opinions on matters of neglected regional center
compliance and I-829 NOIDs.
IGNACIO A. DONOSO
DONOSO & PARTNERS, LLC
Ignacio A. Donoso is the
founder and managing
partner of Donoso & Partners,
LLC, an immigration law
f ir m base d in Washing ton ,
D.C. Donoso is a renowned
business immigration law yer for the U nited S tates
and Canada. He has expertise working with investors,
technology companies, academics and researchers.
D o noso’s c are e r s pans ove r 20 year s as a law ye r,
advising thousands of clients to successfully navigate
th e U.S . visa p ro g r a ms fo r inves to r s. D o n oso is a
frequent speaker and guest at national and international
conferences on immigration law, and has frequently
published on specific issues related to immigration
matters.
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EB5 INVESTORS M AGAZINE
WHAT ARE YOUR THOUGHTS ON THE
EB-5 MODERNIZATION CHANGES THAT
TOOK EFFECT IN 2019 WITH THE
INCREASED INVESTMENT AMOUNTS?
Answers not received
WHAT NEW TRENDS ARE YOU SEEING
IN THE EB-5 INDUSTRY?
Answers not received