Comment: USCIS vs Rural Jobs
Given significant retrogression in China, Vietnam and India, a policy
memorandum from the EB5 unit of USCIS setting guidelines for redeployment
of funds is sorely needed (See:
USCIS Guidance Needed
). The simple solution is to apply the same standards at redeployment time
that are then current for new EB5 investments - this will ensure that USCIS
policy can be (i) current (ii) consistent and (iii) responsive to policy
considerations. What this would mean today is that redeployment of EB5
funds from November 21 onward be per TEA definitions in the new EB5
This would mean that redeployed EB5 funds will need to be invested in rural
or high unemployment urban areas, which would result in over a 100,000+
jobs in rural areas over the next few years--without a single new EB5
investment taking place. Within 30 days of such guidance, all rural
projects currently in the market will be fully funded by the big-city
projects, creating thousands of rural jobs especially in predominantly
rural states effective immediately.
Clearly, President Trump's re-election prospects depend on winning rural
votes overwhelmingly, and the simplest way to achieve that is to create
rural jobs. Issuing a policy memorandum creating thousands of rural jobs
with a mere stroke of the pen is the easiest way to accomplish it. This
political calculation seems so clear and obvious. We are puzzled why USCIS
has not already issued guidance on redeployment setting the new TEA
definitions as the standard for redeployment. Perhaps the EB5 unit of USCIS
is not yet with the President's program.
Please let us know your thoughts by writing to email@example.com.
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Letters of the Week:Soloman Keita
ComingsNGoings: Immigration Reading
Migration and Integration: The Case for Liberalism with Borders
By Tom Farer
Cambridge University Press, 272 pp.
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