EB-5 Industry Leaders, USCIS Agree to Joint Settlement of Two Lawsuits

EB-5 stakeholders ensure all previously approved regional centers maintain authorization moving forward WASHINGTON, D.C., Aug. 25, 2022 (GLOBE NEWSWIRE) — Multiple EB-5 industry stakeholders have entered into a settlement agreement with the United States Citizenship and Immigration Services (“USCIS”) that protects EB-5 investors and re-authorizes previously approved regional centers, effectively signaling the EB-5 program is […]

EB-5 stakeholders ensure all previously approved regional centers maintain authorization moving forward

WASHINGTON, D.C., Aug. 25, 2022 (GLOBE NEWSWIRE) — Multiple EB-5 industry stakeholders have entered into a settlement agreement with the United States Citizenship and Immigration Services (“USCIS”) that protects EB-5 investors and re-authorizes previously approved regional centers, effectively signaling the EB-5 program is fully back in business.

The settlement affects two cases: Behring Regional Center LLC, et al. v. Mayorkas, et al., No. 3:22-cv-2487-VC (N.D. Cal.) and EB5 Capital, et al. v. DHS, et al., No. 3:22-cv-3948-VC (N.D. Cal.). The plaintiffs include EB-5 regional center operators: EB5 CapitalCanAm EnterprisesCivitas Capital GroupGolden Gate GlobalPine State Regional Center, and EB-5IC’s member – Behring Regional Center, and industry organization Invest in the USA (“IIUSA”).

The key stipulations of the settlement – which can be read in its entirety here – are as follows:

  • Previously authorized regional centers retain their authorization.
  • Previously authorized regional centers must file a Form I-956 (a previously filed I-956 will meet this requirement) by December 29, 2022, along with the filing fee to maintain authorization.
  • Previously authorized regional centers need not wait for approval of their Form I-956 and may immediately file I-956Fs (exemplars).
  • If, after filing a form I-956F, a regional center does not receive a formal receipt notice within ten calendar days of delivery to USCIS, an investor may use other forms of proof of the I-956F filing in their I-526E petition, such as a lock box receipt, cashed check, or credit card charge provided by the regional center to the investor.
  • The failure of a previously approved regional center to file a Form I-956 application or amendment will not, standing alone, be a basis for USCIS to deny an investor’s I-526 or I-829 petition.
  • USCIS will update its website, forms, and instructions to conform to the terms of the settlement agreement.

The settlement comes in the wake of legal action taken to protect the EB-5 industry from USCIS’ decision earlier this year. After the EB-5 Reform and Integrity Act of 2022 went into effect in March, USCIS announced that all previously approved regional centers (those authorized by USCIS before the enactment of the Integrity Act) were categorically deauthorized. The Court determined that USCIS’ action almost certainly committed legal error and would have severely harmed the EB-5 industry while leaving EB-5 investors in limbo. While all parties involved have agreed to the settlement, it is not a final settlement until approved by the court.

Judge Chhabria’s grant of a nationwide preliminary injunction, and USCIS’ subsequent agreement to a reasonable settlement, enables the EB-5 Regional Center program to move forward contributing to the U.S. economy and creating American jobs,” said Ron Klasko of Klasko Immigration Law Partners. “Judge Chhabria’s thorough and well-reasoned decision provided the essential impetus for USCIS and the EB-5 industry to work constructively in reaching an agreement,” said Paul Hughes of McDermott Will & Emery. 
“We hope this marks the beginning of a new era of cooperation between USCIS and the EB-5 industry,” commented Laura Reiff of Greenberg Traurig. “This settlement ushers in a regional center program that provides the entire EB-5 ecosystem with the stability and certainty needed to ensure an optimal program,” stated Jeff Campion from EB-5IC. 

The EB-5 Program has an overwhelmingly positive impact on the U.S. economy. Between 2008 and 2021, the EB-5 program helped generate $37.4 billion in foreign direct investment to create and retain U.S. jobs for Americans at no cost to the taxpayer.

EB5 Capital provides qualified investors from around the world with opportunities to invest in job-creating commercial real estate projects to obtain U.S. permanent residency, as well as private equity investments and secondary passports. For more information, follow EB5 Capital on LinkedIn and visit www.eb5capital.com.

Contact:
Juline Kaleyias, VP Business Development
media@eb5capital.com

Doctors at Manipal Hospitals, Dwarka give new lease of life to a 30-day-old newborn suffering from brain tumor

NEW DELHI and KHARTOUM, Sudan, Aug. 25, 2022 /PRNewswire/ — Doctors at Manipal Hospitals, Delhi successfully saved the life of a 30-day-old newborn baby with a brain tumor. The baby was presented at the hospital in an emergency with a complaint of seizures and unconsciousness. Upon further diagnosis, a CT scan found a severe brain […]

NEW DELHI and KHARTOUM, Sudan, Aug. 25, 2022 /PRNewswire/ — Doctors at Manipal Hospitals, Delhi successfully saved the life of a 30-day-old newborn baby with a brain tumor. The baby was presented at the hospital in an emergency with a complaint of seizures and unconsciousness. Upon further diagnosis, a CT scan found a severe brain hemorrhage along with a tumor causing significant pressure inside the brain. The baby’s blood tests were also hampered by extremely high INR levels, indicating hemolytic disease. To save his life, a team of doctors led by Dr. Anurag Saxena, HOD, and Consultant Neurosurgeon successfully performed the brain tumor removal surgery (also known as craniotomy) using special techniques and equipment to reduce the blood loss to a bare minimum to prevent life-threatening hemorrhagic shock.

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The baby’s weight was just 3 kg, which is why putting him on anesthesia was a great challenge. Even minimal blood loss during the surgery would have put his life at risk. After stabilizing him medically and post a detailed discussion with his family regarding the need for the surgery and the risks involved, the surgery was performed. While performing the surgery, extreme precautions were taken, keeping in mind that the skull at this age is exceptionally soft and any undue pressure can cause increased pressure on the brain along with the risk of vision loss. Throughout the surgical procedure, the anesthesiologist made sure that the baby was stable.

Dr. Anurag Saxena, HOD and Consultant Neurosurgeon, Manipal Hospitals, Delhi, said, “When the baby was brought to us, his condition was extremely critical and unstable. He was suffering from a combination of a brain tumor and hemorrhage. This condition is extremely rare, there was imminent risk of death and he needed urgent brain surgery. What made this case more challenging was the low body weight of the baby, which posed a great challenge during the anesthesia and surgery. However, he withstood the surgery well and was weaned from the ventilator the next day. He started showing steady improvement and recovery and gradually started accepting his mother’s milk. The baby was discharged few days’ post-surgery after showing satisfactory recovery. He is doing well and is now under routine follow-up.”

About Manipal Hospitals

As a pioneer in healthcare, Manipal Hospitals is India’s second-largest multi-specialty healthcare provider treating over 4 million patients annually. With its recent acquisition of a 100% stake in Columbia Asia Hospitals in India, the integrated organization today has an enhanced pan-India footprint with 28 hospitals across 14 cities with 7,000+ beds with a talented pool of 4,000+ doctors and 10,000+ employees. Its focus is to develop an affordable, high-quality healthcare framework through its multispecialty and tertiary care delivery spectrum and further extend it to out-of-hospital care. Manipal Hospitals provides comprehensive curative and preventive care for a multitude of patients from around the globe.

Visit us at: https://www.manipalhospitals.com/internationalpatientcare/doctors/search/location-delhi?page=1

Mr. Hemant +91-8376965812
Mr. Zuhaib +91-9990199037
Email: manipal.international@manipalhospitals.com

Logo: https://mma.prnewswire.com/media/1848066/Manipal_Hospitals_Logo.jpg

PM cancels London visit in view of floods in country

Prime Minister Shehbaz Sharif has cancelled his London visit in view of floods in the country.On his return home from Qatar, he will chair a meeting regarding flood situation and relief activities.All the relevant departments including National Disaste…

Prime Minister Shehbaz Sharif has cancelled his London visit in view of floods in the country.

On his return home from Qatar, he will chair a meeting regarding flood situation and relief activities.

All the relevant departments including National Disaster Management Authority will brief the Prime Minister about the steps taken for rescue and relief of flood affected people.

The Prime Minister had to leave for London from Qatar due to the ailment of his granddaughter who is under treatment at the British capital. In view of the flood situation, the Prime Minister however decided to immediately return to the country.

Source: Radio Pakistan

PM Shehbaz leaves for home after two-day official visit to Qatar

Prime Minister Shehbaz Sharif has left for home after a two-day official visit to Qatar.At Doha airport, he was bid farewell by Qatari Transport Minister Jassim Saif Al Sulaiti.As a result of the Prime Minister’s successful meetings with the Qatari lea…

Prime Minister Shehbaz Sharif has left for home after a two-day official visit to Qatar.

At Doha airport, he was bid farewell by Qatari Transport Minister Jassim Saif Al Sulaiti.

As a result of the Prime Minister's successful meetings with the Qatari leadership and traders, Qatar Investment Authority is preparing to invest three billion dollars in different sectors of Pakistan.

Source: Radio Pakistan

Pakistan, Qatar relationship to offer new opportunities, avenues: PM

Prime Minister Muhammad Shehbaz Sharif says Pakistan and Qatar have a clear vision of the future and greater awareness to make economic cooperation the pivot of bilateral ties.In a tweet on Thursday after the conclusion of his two-day official visit to…

Prime Minister Muhammad Shehbaz Sharif says Pakistan and Qatar have a clear vision of the future and greater awareness to make economic cooperation the pivot of bilateral ties.

In a tweet on Thursday after the conclusion of his two-day official visit to Qatar, he said this up gradation of relationship will offer new opportunities and avenues in a swiftly changing world.

The Prime Minister thanked the government and people of Qatar, especially the Amir of Qatar Tamim bin Hamad Al Thani for the warm welcome and excellent hospitality.

Earlier, in a tweet, Prime Minister said Pakistan and Qatar have decided to take excellent bilateral relations to the next level of strategic engagement.

This development came during the meeting of Emir of Qatar Sheikh Tamim bin Hamad Al-Thani and Prime Minister Shehbaz Sharif in Doha.

Prime Minister said he is grateful to the Emir for Qatar's investment of three billion dollars in various sectors of Pakistan's economy.

Source: Radio Pakistan

Pakistan seeking to change structure of economy through CPEC: Ahsan

Minister for Planning and Development Ahsan Iqbal has said Pakistan is seeking to change structure of its economy through multi billion dollars China-Pakistan Economic Corridor (CPEC) project.Addressing an event of Pakistan Business Council in Islamaba…

Minister for Planning and Development Ahsan Iqbal has said Pakistan is seeking to change structure of its economy through multi billion dollars China-Pakistan Economic Corridor (CPEC) project.

Addressing an event of Pakistan Business Council in Islamabad on Thursday, he described the corridor project as a strategic vision aimed at transforming Pakistan into an industrial economy. This, he said, will bolster our exports.

He pointed out that the corridor project in the first phase helped Pakistan address its energy and infrastructure bottlenecks besides making our strategic assets productive including that of Thar coal. He recalled there was an investment of twenty nine billion dollars under the CPEC during the last tenure of PML -N.

Ahsan Iqbal said political stability and continuity of policies is a must to take the country forward on the path of development.

He said apart from enhancing the tax to GDP ratio from the current 9.5 percent to eighteen percent, we have to increase domestic and foreign investment in the country to fix the economic issues.

Source: Radio Pakistan

Murtaza calls for enhancing exports from Pakistan to China

Minister for Industries and Production Syed Murtaza Mahmud has emphasized for enhancing exports from Pakistan to China.Talking to Chinese Ambassador to Pakistan Nong Rong in Islamabad, he said Pakistan has a big potential in agriculture sector especial…

Minister for Industries and Production Syed Murtaza Mahmud has emphasized for enhancing exports from Pakistan to China.

Talking to Chinese Ambassador to Pakistan Nong Rong in Islamabad, he said Pakistan has a big potential in agriculture sector especially fruits can be exported to China after value addition.

He also asked the Chinese companies already working in mobile manufacturing, automobile and other sectors to bring more investment to Pakistan.

The Chinese Ambassador assured to support Pakistani agricultural sector through modern technology to enhance yield of crops.

Source: Radio Pakistan

All stakeholders should collectively work to strengthen country’s economy: Dr. Aisha

Minister of State for Finance Dr. Aisha Ghaus Pasha has stressed that all stakeholders should collectively work to strengthen the country’s economy.Addressing a seminar on National Identity and Cohesion: Unity In Diversity in Islamabad on Thursday, she…

Minister of State for Finance Dr. Aisha Ghaus Pasha has stressed that all stakeholders should collectively work to strengthen the country's economy.

Addressing a seminar on National Identity and Cohesion: Unity In Diversity in Islamabad on Thursday, she said government took difficult decisions to address the economic issues.

She said the government is working on structural reforms which are important to bring equitable and inclusive growth. She stressed we have to learn to live within our means.

The Minister of State said the government is also focusing on equitable distribution of resources.

Source: Radio Pakistan