06.23.2017 Williams Mullen Hosts National U.S.-Arab Chamber of Commerce Members for Foreign Direct Investment Seminar
On Tuesday, June 20, Williams Mullen hosted the National U.S.-Arab Chamber of Commerce (NUSACC) and its members at the firm’s Washington D.C. office for a seminar on foreign direct investment (FDI) in the United States. The seminar featured presentations from Williams Mullen attorneys and representatives from the NUSACC, Illinois-based CMB Regional Centers and Virginia-based CPA firm MillerMusmar.
The presenters discussed several topics, including the investment climate in the U.S. for investors from the Middle East and North Africa, the EB-5 process including how loans are structured and legal and tax perspectives on alternatives to traditional financing options. In addition, CMB Regional Centers highlighted several of their major FDI infrastructure and hospitality industry projects, valued from $50 million to $2.5 billion, for which they have raised $3 million to $450 million EB-5 funds, which showcased how EB-5 investors have indirectly and directly induced job creation and navigated long-term immigration processes. Amin Salam, Vice President of National US-Arab Chamber of Commerce, discussed the investment climate in the U.S. for investors from the Middle East and North Africa with focus on real estate and infrastructure. Joey Musmar, managing partner of MillerMusmar CPAs, spoke about tax planning for in bound transactions, the Foreign Investment in Real Property Tax Act (FIRPTA), and the use of the C corporation instead of the LLC when setting up a new foreign-owned entity. Eliot Norman, partner at Williams Mullen, discussed the key FAQs to consider so that the U.S. investment is a success—from visas to intellectual property to mergers & acquisitions.
For more information on Williams Mullen’s FDI practice, click here.
To visit the NUSACC’s website, click here.
To visit CMB Regional Centers’ website, click here.
To visit MillerMusmar's website, click here.