EB-5 Legislative Debate – The Case for Permanent Reauthorization of the EB-5 Regional Center Program The EB-5 Regional Center program has officially lapsed as of July 1, 2021. The EB-5 Regional Center program is no longer accepting new petitions and existing investors in the middle of their processes are on hold in what USCIS refers …
Once you file an I-526 petition, and if the I-526 petition is properly filed (meaning, forms are properly filled out and signed, filing fee check included with correct amount, and includes all evidence necessary to adjudicate the case), USCIS will cash the filing fee check and issue the I-797C receipt confirming they received the case …
On June 22, 2020, President Trump signed an Executive Order banning H1B and H4 visa holders from entry to the US until December 31, 2020. The ban extends to L1, L2 and J1 visa holders. The EB-5 visa category is exempt and not affected by this change. This order is an extension of Proclamation 10014 …
USCIS is revising its policy guidance in the USCIS Policy Manual to align with the EB-5 Immigrant Investor Program Modernization Final Rule, published on July 24, 2019, and effective Nov. 21, 2019. USCIS is updating the USCIS Policy Manual to conform with the final rule’s provisions, which include: Priority date retention for certain EB-5 immigrants; …
Yesterday, Senators Graham (R-SC), Rounds (R-SD) and Cornyn (R-TX) introduced the “Immigrant Investor Program Relief Act” (S. 2778, the Act) proposing long overdue improvements to modernize the EB-5 program in alignment with industry and market principles. The Act reflects a fair compromise between rural and urban stakeholders providing substantial market advantages to rural and urban …
On June 27, 2019 it was posted that OMB had finished its review of the new EB-5 regulations proposed during the Obama-era back in January of 2017. The proposed regulations included raising the minimum investment amounts to $1.3 million and $1.8 million for TEA and non-TEA investments respectively. This is widely believed to be the …
USCIS proposal to stop providing work permits for H-4 spouses is one step closer to implementation. Last Wednesday, USCIS submitted its final proposal to the Office of Management and Budget (OMB). After OMB completes its review, OMB will either (1) send it back to USCIS for revision, or (2) submit it for publication with the …
On February 22, 2019, USCIS sent the final version of Rule 1615-AC07, known as EB-5 Immigrant Investor Program Modernization Rule, to the Office of Management and Budget (OMB) for review (https://www.reginfo.gov/public/jsp/EO/eoDashboard.jsp). While this is a significant step forward, OMB is under no legal deadline to complete the review. Once OMB completes its review, one of …
USCIS Breakthrough Ruling It was released that USCIS’ EB-5 program is now accepting unsecured loans as a valid source of funds. EB-5 source of funds now accepting unsecured loans is a monumental shift in USCIS adjudication attitude. Previously all loans must have been sourced or with the investors own equity. This limited the arrangements to …
