EB5 Investors Magazine Volume 7, Issue 2 | Page 83

TOP EB-5 INDUSTRY RISING STARS JESSICA DENISI KLASKO IMMIGRATION LAW PARTNERS, LLP Jessica De Nisi is a se nior associate with Klasko Immigration Law Partners, LLP. DeNisi works with developers and investors who seek to use foreign capital under the EB-5 program to fund job-creating projects as well as E-2 treaty investors. Prior to practicing immigration law, DeNisi worked as a tax and business attorney. She completed her undergraduate studies at Wake Forest University and earned an M.A. in Near Eastern studies from the University of Arizona. She received her Juris Doctor from Tulane University Law School and a master’s degree in taxation from the University of Washington School of Law. WHAT TRENDS ARE YOU SEEING IN THE EB-5 INDUSTRY? After the effective date of the new regulations and the rush to file petitions in November 2020, the EB-5 market has cooled. However, investors are still looking carefully at attractive investment opportunities, particularly those located in TEAs. Although the number of new projects and investors has decreased, the number of RFEs, NOIDs, and troubled projects has increased. These trends, coupled with long waiting lists, disillusioned investors and adjudication delays, presents a need for viable alternatives for investors and creative strategies for dealing with challenging circumstances. The level of complexity in the EB-5 world is certainly increasing, but better times are ahead. WHY DID YOU GET INVOLVED IN THE EB-5 INDUSTRY? I found EB-5 through my work as a tax attorney. While my start in the EB-5 immigration field was unplanned, I have chosen to continue to work in the industry as it combines much of the creativity, complexity and strategy of business or tax practice with the human element. It is very satisfying both to know that helping someone obtain a green card is life changing, and to be able to see the concrete economic impact of EB-5 projects across the country. NATALIA POLUKHTIN GLOBAL PRACTICE Natalia Polukhtin, the founder and principal at Global Practice, s p e c i a l i ze s i n i n ve s t m e n t immigrant and nonimmigrant categories. She has unique exper tise in documentation of complex source of funds originated from former Soviet Union states, but also assists clients from all over the world with starting business in the U.S. and accomplishing their immigration goals through investment, application of professional skills and job creation. She is a member of Georgia and Arizona State bars. Prior to her legal career, Polukhtin obtained her Ph.D. from the Moscow State University in Russia and continues to apply her expertise in intercultural communication to assist foreign nationals with their immigration needs. WHAT TRENDS ARE YOU SEEING IN THE EB-5 INDUSTRY? With recent increase of investment capital amount, backlog and legislative uncertainty of the future of EB5 program, the markup of the investors appears to be changing. I am noticing growing interest from investors from the parts of the world that traditionally were considered emerging markets in EB5 industry, such as Russia and Eastern European countries. It appears that the citizens of the countries not subject to the adjudication backlog started to recognize EB-5 not only as an affordable immigration vehicle, but also as an asset protection tool. I am seeing interest in the projects with verified track of performance and predictable strategies for placement of the capital that can be incorporated into the investor’s long-term plans. WHY DID YOU GET INVOLVED IN THE EB-5 INDUSTRY? With background in journalism and communication studies supplementing my Juris Doctor, I see every immigration case as an opportunity to communicate a personal story of each client through his supporting documents, presentation of profile, and immigration strategy. I found EB-5 practice especially rewarding because of the special bond I develop with people who rely on me for the collection of evidence on sources of funds. Each project of this nature inevitably emerges us into client’s history of the accumulation of wealth through professional development, family connections and vision of financial planning. This is the link that is not broken even at the completion of the case and allows me to stay in touch with almost all of my past clients for years. EB5INVESTORS.COM 83