18 January

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Brain Drain is the Name of the Game

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JANUARY 18, 2019 “Brain Drain” has often been a concern for those who study immigration and its impacts. Put simply, brain drain refers to the movement of highly skilled workers and intellectuals, like doctors and scientists, out of a country to the point that it harms the origin country’s productivity. Historically, brain drain could happen as a result of prosecution or discrimination, such as the influx of Jewish scientists from Germany to the US in the early 1900s. In the modern day, however, most brain drain is likely driven by simple economic incentives: scientists can make more money...

15 January

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Should H-1B Visas Be Randomly Allocated?

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in C.T.LEE & Associates Blog

JANUARY 15, 2019 The H-1B Visa program, in its current design, has one notable feature: visas are allocated randomly, by a lottery system, to those who are eligible for it. This is in part because there is a cap on the number of visas that may be approved in a given year, to help control the amount of legal immigration and employment opportunities for natives. But, what are some of the consequences of this system, and is an alternative a better solution for visa allocation?Chad Sparber from Colgate University examined the possibility of a merit-based allocation system for H-1B...

11 January

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How Will the Government Shutdown Impact Visa Requests?

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JANUARY 11, 2019 With the US Government currently facing one the longest shutdowns in its history and with no sign of a deal between President Trump and Congressional Democrats, it is fair to wonder how this will impact the government agencies handling immigration requests. The good news for potential immigrants and visa holders is that the US Citizenship and Immigration Services are *mostly* unaffected. The USCIS stated in a newsletter that their “offices will remain open, and all individuals should attend interviews and appointments as scheduled” and noted that they “will continue to accept petitions and applications for benefits requests…”. Thus, it...

07 January

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Is H-1B Critically Flawed and Can We Fix It?

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JANUARY 07, 2019 H-1B is an often criticized and controversial immigration program, attempting to address a shortage of skilled workers in the US. But does the H-1B program achieve this goal appropriately, and if not, what are potential solutions?Sam Trimbach, Managing Editor of the Journal of International Law and Business,argues that not only does the program fall short of its goals, but it inadvertently perpetuates the problem it is attempting to solve. In his article, “Giving the Market a Microphone”, Trimbach notes that the H-1B program is intended to address a temporary shortage of skilled workers until the domestic...

10 December

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Corey Lee speaking at Narrows Senior Center

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DECEMBER 10, 2018 Over 20 seniors showed up for the event, most of them are already green card holders, they were desperate to know what to do to avoid troubles in terms of being a U.S citizen. Corey explained the definition of “public charge”, which may include those who have been receiving Medicare, Medicaid, food stamp or other kinds of government benefit programs. The seminar also covered the topic “Special Immigrant Juveniles” program, and how Trump administration affects it. For juveniles who are under 21, and if they have been abused, abandoned, or neglected by a parent, they may...

13 November

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Real Estate Law Spotlight NYC

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in C.T.LEE & Associates Blog

[vc_row triangle_shape="no"][vc_column][vc_column_text]Mr. Wang is a Chinese citizen that wants to buy an apartment in New York City for a budget of $2 mil because he will be traveling often from China to New York. He contacted Law Offices of Corey T. Lee to ask if we can help him. Our firm connected Mr. Wang to a well known real estate broker with many listings. Mr. Wang hired the broker and they set up a whole week to look at apartments in New York City for Mr. Wang's next trip from China. After looking at over a dozen apartments, Mr. Wang...

19 October

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Corey Lee speaks at Pace University

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OCTOBER 19, 2018 Corey Lee was invited to Pace University to give a speech on H-1B visa and other types of visas that allow international students to stay in the U.S legally after they are graduated. Topics covered introduction on H-1B, O-1, L-1 and EB-5 visa. Over 20 Chinese international students participated in this event and most of them were interested in applying for H-1B visa next year. Many students were concerned about the transition from OPT period to H-1B visa, especially when it comes to keeping their status legally. For those whose major are arts related, O-1...

23 August

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NYC Lawyer Corey Lee Meeting Members of Istanbul Business Community

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AUGUST 23, 2018 Speaker Atakan Zilifli and Corey Lee co-hosted a real estate seminar in Swisshotel Istanbul, focusing on how to get an EB-5 green card via real estate investment in Miami Florida. They introduced four available real estate projects including The Palms, The Highlands, Capri Tower and South Bronx Hotel. Through investing on one of these projects with least $50,000 US dollars, investors can obtain a conditional green card for two years. Investors can later on remove the condition to become a permanent U.S resident. Some other visa options were also introduced, such as E-2, L-1, EB-1A and...

16 August

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Is it easier for USCIS to deny applications now?

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AUGUST 16, 2018 USCIS issues two new policy memos on NTAs (Notice to Appear) and RFEs (request for evidence) and NOIDs (notice of intent to deny). The NTA memo from USCIS dated June 23, 2018 implements President Trumps Executive Order, “Enhancing Public Safety in the Interior of the United States.” This order directs agencies to remove aliens (including those who are deportable or inadmissible) from the U.S. without exceptions. Those who have been: Convicted of criminal offense;Charged with a criminal offense and hasn't been resolved;Committed an act considered to be a chargeable criminal offense;Engaged in fraud/willful misrepresentation in their...

03 August

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Hot New York Real Estate Topics

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[vc_row triangle_shape="no"][vc_column][vc_column_text]To supplement our previous “complete guide to purchasing an apartment in New York City”: {link here}, we want to bring several other issues to the attention of the foreign buyer: The 15% FIRPTA withholding tax for foreign buyers who are selling a property The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) requires a seller who is a foreign person (person can include a foreign corporation or partnership) to temporarily withhold 15% of the total purchase price with the IRS. This tax is withheld in case the seller owes the IRS taxes. Technically, the buyer’s attorney must be diligent...

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