Announced on July 22nd in 2018, Kim was awarded the 2018 Top 5 Economists badge from EB5 Investors Magazine.
You can find this badge on our homepage, here.
WHY DID YOU GET INVOLVED IN THE EB-5 INDUSTRY?
In 2009, I was hired by USCIS as the agency's first economist. After a short time there, I was asked to launch and lead a new division within USCIS focused on economic and statistical analysis. While my duties ranged from procurement oversight to regulatory analysis to special projects for leadership, my mostinteresting task was to train and advise EB-5 adjudicators on economic impact studies, business plan review and unemployment analysis. Once I left government employment, it made sense to incorporate EB-5 work into my overall consulting practice.
WHAT NEW TYPES OF PROJECTS AND TRENDS ARE YOU SEEING IN THE EB-5 INDUSTRY?
Given recent uncertainties in our industry, I have seen a shift toward pursuing rural projects and obtaining approval for regional centers that include extensive rural areas. More importantly, since the SEC has started to enforce securities laws within the EB-5 industry, and USCIS has begun to terminate unlawful and unproductive regional centers, it seems the industry is shedding many entities that probably should not have been in EB-5 in the first place. As a result, project quality has improved significantly as well-educated professionals enter the industry.
Read the full publication here, from the EB5 Investors Magazine website.
