How To Convert an H-1B to an EB-5 Visa
Converting an H-1B visa to an EB-5 visa allows people to stay in the U.S. permanently. H-1B visa holders can EB-5 can invest in special projects in the U.S. that create jobs to help the local economies.
EB-5
H-1B to EB-5 Visa: a Step-by-Step guide to a Permanent Greencard.
"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 ...1031 Exchanges and Incompatibility with EB-5 Investments
Can I use a 1031 exchange to invest in an EB-5 investment? Many people ask us "Can I use a 1031 exchange to invest in an EB-5 investment? While there are always wide out-side and rare cases where it does work, for simple answer is "NO". Here is an explanation of why as well as ...
October Visa Bulletin Analysis for Fiscal Year 2024
The October Visa Bulletin for Fiscal Year 2024 has been released, marking the beginning of the new fiscal year. This is the first visa bulletin of Fiscal Year 2024 and resets the annual visa quotas for all visa preferences. It sets the expectations for the rest of the fiscal year. This bulletin is a critical ...
1900 Broadway May 2021 Project Update
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 ...USCIS Grants Expedited Processing and Officially Approves BRC Legacy Fund, EB-5’s Most Powerful Equity Fund Ever Launched.
Congratulations to the Behring Team and Welcome to a New Age of EB-5 Investment! Behring is proud to announce that USCIS has approved our first Legacy Fund investor’s I-526 petition. What's even more spectacular is that USCIS granted expedited processing for the investor's case, a first for Behring's EB-5 platform. This USCIS approval ratifies BRC ...
New Trump Executive Order Banning H1B, H4, J1, L1 and L2 Visa’s Until 2021
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 …
150-Year Wait for Indian Immigrants With Advanced Degrees
It is no secret that there is a huge amount of uncertainty regarding how long H1-B visa holders applying for U.S. permanent residence through the EB-2 category will have to wait to receive a green card. It is well documented that EB-2 applicants from India have a particularly long wait, with some estimates projecting more ...
USCIS EB-5 Modernization Rule Moves Forward
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
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 …