EB-5 Policy

USCIS EB-5 Modernization Rule Moves Forward

| March 28, 2019

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 One Step Closer to Limiting H1-B

| March 28, 2019

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 …

EB-5 Regional Center Program Extended Through March 23rd, 2018

| January 22, 2018
EB-5 Program Extended Through March 23rd, 2018: Do not Miss your Chance to Invest in EB-5   The EB-5 Regional Center program has been extended through March 23rd, 2018 as part of another continuing resolution proposed February 7th, 2018. After much debate, the U.S. Senate negotiated and passed a continuing resolution funding the government and federal ...

What happens if there is an I-526 denial?

| February 17, 2017
A lot of investors always ask "what happens if something goes wrong" or "what happens if I get denied".  Typically, the answer is that the Berkeley Regional Center has return provisions in our offering documents but I did find this article which may be interesting to those asking the same question. The source is from ...

USCIS Processing Times for EB-5 reaches 16.2 Months

| March 11, 2016
USCIS Processing Times: EB-5 USCIS processing times for the EB-5 immigration program are getting longer as the website shows 16.2 months to get through an I-526 petition. EB-5 regional centers use the USCIS website as a guideline. EB-5 petitioners should expect long waits to have received review from USCIS adjudicators. The USCIS EB-5 processing times ...

EB-5 Changes: Leahy & Grassley EB-5 Bill Proposal

| June 4, 2015
EB-5 Changes for 2015 are Starting To Take Shape: EB-5 changes are in the midst for 2015 as the program expires on September 30,2015. in its current form. Senate Judiciary Committee Chairman Charles Grassley (R-Iowa) and Ranking Member Patrick Leahy (D-Vt.) have introduced S. 1501 (American Job Creation and Investment Promotion Reform Act of 2015), ...