EB5 Investors Magazine Volume 6, Issue 1 | Page 58

"...meeting with these investors directly or meeting with a migration agency...make these events such lucrative networking opportunities." A s the EB-5 industry has continued to expand over the past decade, trade conferences like EB5 Investors Magazine’s events around the world have played a vital role for many EB-5 professionals to stay educated and grow their business. EB-5 conferences produce and offer access to the industry’s leading professionals and thought leaders, with topics ranging from federal policy and international law to sales strategies and networking. Attending these events provides an opportunity to exchange industry best practices and provide clarity through the shared knowledge that comes from such a gathering. The EB-5 and investment migration industry is growing and changing in ways we never could have imagined. Ever-changing geopolitical relationships and economic challenges make these types of events even more essential. THE POWER OF EVENT SPEAKERS Over the years speakers like Charles Oppenheim, chief of the U.S. Department of State’s visa controls and reporting office, and Julia Harrison, deputy chief of U.S. Citizenship and Immigration Services, have shared their in-depth knowledge of current issues and hot topics to educate the industry. It’s common knowledge that each month the Investor Program Office (IPO) and USCIS publish processing times as well as quarterly data on adjudication trends. Unfortunately, the posted wait times for adjudication of I-526 and I-829 petitions continue to grow. Although USCIS has ample 57 EB5 INVESTORS M AGAZINE information online, the most telling story about how and why things happen can be better understood through direct interaction with industry professionals. Investing the time and taking advantage of the opportunity to listen to veteran speakers provides further clarity that cannot be gained from reading a brochure or a post online. Last year, U.S. Sen. Ted Cruz, R-Texas, was the keynote speaker at the EB5 Investors Magazine’s Conference in San Francisco. There, the former U.S. presidential candidate praised the EB-5 program and the positive economic impact it has had throughout the United States. As the son of immigrants, he also expressed his deep appreciation for living the American Dream. His candor and reflection instilled a kind of emotion that can only be conveyed in person. Understanding that lawmakers are not just knowledgeable about the benefits of investment migration, but actually support it, is valuable in its own ri ght. UNDERSTANDING THE FUTURE OF THE INDUSTRY Most recently, Congress extended the EB-5 program to Sept. 30, 2018. While this may have provided many a sense of relief, imminent changes remain on the horizon. Coming together at EB-5 industry events helps raise awareness, educates individuals on the necessity of supporting comprehensive legislation, and builds consensus for fair-minded comprehensive legislation. Over the years these conferences have evolved into