"I’m in the United States on an H-1B visa, and I’m looking at EB-5. I’d like a checklist to walkthrough my steps." H-1B is a temporary non-immigrant visa whereas the EB-5 visa leads to permanent residency and a greencard. This has created a surge in interest from immigrant employees already in the United States, have ...
Progress Summary As of May 2021, Over 490 jobs are projected to have been created to date from design, construction, and procurement, satisfying the minimum EB-5 job creation requirements for 49 EB-5 investors. Excavation on site has reached a depth of 30 feet Over 100 trucks per day off hauling soil (at peak production) View ...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 …
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 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 …
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 …
