On Tuesday, March 1, 2016, AABANY’s Immigration and Nationality Law Committee and KALAGNY hosted Part 2 of its EB-5 CLE series entitled “Starting an EB-5 Practice?” The event was held at the offices of Akerman LLP in Midtown Manhattan.

Julia Yong-hee Park, the Managing Director of Advantage America EB-5 Group (www.aaeb5.com), walked the attendees through the initial consultation for a prospective EB-5 client. Different types of investor “source of funds” was reviewed and the attendees also reviewed a sample I-526 legal memorandum, PPM, Subscription Agreement and Operating Agreement of an EB-5 deal.

Nearly 50 people attended the conference which ended with a robust Q&A session covering a wide range of topics from how EB-5 fits into a real estate capital stack to Child Status Protection Act issues arising from the EB-5 visa backlog for Chinese nationals.

Thanks to Advantage America EB-5 Group and KALAGNY for co-sponsoring this informative and useful CLE with AABANY. A special thanks to Eve Cho Guillergan of KALAGNY and all the Committee Co-Chairs from AABANY’s Immigration and Nationality Law Committee: Tsui Yee, Amanda Bernardo and Rio M. Guerrero. Last but not least, special thanks to Steven Polivy, Managing Partner of Akerman for graciously providing space for the vent.

Attendees received 2 CLE credit in the Areas of Professional Practice category. AABANY members received the credits for free.