Mr. Sumra is AVP Strategic Initiatives & Operations at LCR Capital Partners and is based at the firm’s headquarters in Westport, CT. He is responsible for providing overall support to the LCR management team with preparation for client and partner meeting as well as supporting the firm’s I-924 application efforts to establish additional Regional Centers across the United States.
Sohail graduated from Fairfield University in June 2015 and received his Bachelor of Arts Degree in International Studies with a Minor in Economics and a focus in Asian Studies. While at Fairfield, in addition to being involved in multiple student clubs and organizations, Sohail was also a Senior Resident Assistant responsible for supervising and coordinating other RA staff and advising the Residential Community Council. He spent his spring semester, junior year studying Mandarin, Economics, Politics, and History in Shanghai at East China Normal University (华东师范大学).
The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.
If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.
LCR expects the program to be reauthorized in December, and continues to work with international families that want to explore alternative residency options.