Behring's lawsuit scored a victory as the Court issued a preliminary injunction ordering EB-5's immediate start. Below is the top 9 things you need to know. Also, Register for Behring’s Webinar on Monday, June 27th at 4pm Pacific, Discussing the Ruling. Replay will be available to registrants. Register Now 1. I-526 petitions can be filed now, and ...
In an extremely odd turn of events in court yesterday for Behring’s second hearing in its lawsuit to stop USCIS from deauthorizing EB-5 Regional Centers, USCIS flip flops on their position regarding last years EB-5 Regional Center program expiration and appeared to agree with Behring that the EB-5 Regional Center Program did not lapse after …
Today, May 9, 2022, Congress issued a bipartisan letter to DHS clarifying Congress’s intent regarding the 2022 Integrity and Reform Act, stating that existing Regional Centers do not need to be recertified under the law. Recently announced on its website, USCIS wrongly interpreted the statute, claiming that because Congress repealed Section 610 of the Departments ...
Breaking News: Below we are outlining the summary terms within the new EB-5 Reform and Integrity Act of 2022. We are also hosting a webinar event to discuss the new changes. A replay is available for those who register after the broadcast date. Register for Webinar ***New EB-5 Bill Officially Out. Download here.*** ***Read our ...
Today, DHS filed its notice of appeal on the last day before the 60-day window expired in Behring Regional Center v. Wolf et al. This is not cause for alarm, and EB-5 investors should not make hasty decisions and feel they must rush to make new EB-5 investments. Contrary to some reports already floating around, …
USCIS officially recognized the Behring Regional Center lawsuit victory in Behring Regional Center LLC vs Chad Wolf et al by formally updating their website. However, it showed up 2 weeks after the victory was announced and an entire 1 week after the EB-5 Regional Center Program officially expired on June 30, 2021. How many families …
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; …
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 …
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 …
