In an article published by Forbes, Bass, Berry & Sims attorney Samar Ali provided insight on the EB-5 visa program and the potential expiration of the program. There has been speculation that President Trump, despite intentions to curb immigration, will not actively try to kill the program because of the investment portions that can help create jobs and infrastructure around the country. However, the program has come under fire from critics who say that allegations of fraud and abuse are enough to end the program. In response to this, Forbes asked Samar to explain why people are more outraged with fraud being committed through the EB-5 program in comparison to other mechanisms used to commit fraud. “People are using EB-5 as a mechanism to commit fraud just like they would use the banking system here to commit fraud. There is an emotional reaction against this program because it is an immigrant based program,” said Samar in the article.
The full article, “Special Immigrant Visa Worth Billions Faces D-Day,” was published by Forbes on April 28, 2017 and is available online.