On Friday January 27th, 2023, the United States Citizenship and Immigration Services (USCIS) published its FY 2023-2026 Strategic Plan, highlighting the agency’s three main goals including (1) Strengthen the U.S. Legal Immigration System, (2) Invest in the workforce, and (3) Promote Effective and Efficient Management and Stewardship. MESSAGE FROM USCIS […]
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On Wednesday, January 11th, USCIS held a virtual listening session to address some frequently asked questions about their Proposed Rule to Adjust Certain Immigration Fees. Following the listening session, the agency has also published all FAQs and answers to their website. You can access the full FAQs here: https://www.uscis.gov/proposed-fee-rule-frequently-asked-questions SUMMARY […]
ARCFE IS REDESIGNATED BY USCIS UNDER RIA 2022 ARCFE was previously designated by USCIS in 2013 under the old EB-5 law through receiving the I-924 approval. This form is now archived and is replaced by form I-956 after the program was reauthorized earlier this year. Under the EB-5 Reforms and […]
Fed unanimously approved its third consecutive interest rate hike at 0.75 percentage point in their September FOMC Meeting, lifting its benchmark federal funds rate to a range between 3%-3.25% – a level that was last seen in 2008. This move signals additional increases are likely to follow in the two […]
ARCFE Group 13 38th Ave project had its groundbreaking ceremony this past Tuesday, June 14th. ARCFE Management Team participated in the groundbreaking ceremony. We are very excited to see the project getting a head start in construction. The 38th Ave project is a 7 stories mixed-use building consisting of 7,705 […]
The Department of States has posted the July Visa Bulletin. The Employment Base Fifth visa categories are as below: CHART A: FINAL ACTION DATES CHART B: EB-5 DATES FOR FILING Except for the Unreserved EB-5 category for China, the rest shows “CURRENT”. This is the golden window for investors from […]
RECAP USCIS claims that their interpretation of the Act was based on Senator Grassley’s (co-author of the Act) word choice. The immigration agency sees the EB-5 Regional Center program after March 15, 2022 (date Congress passed the Act) as a brand new program that requires all Regional Centers to get […]
On June 2nd, USCIS released two following forms: I-956F (“Application for Approval of an Investment in a Commercial Enterprise”) and I-956G (“Regional Center Annual Statement”), along with filing instructions for both forms. ARCFE has filed form I-956 for Regional Center designation on May 19th, and is currently working closely with […]
A group of Regional Centers along with the EB-5 organization INVEST IN THE USA (IIUSA) has recently filed a lawsuit against United States Immigration and Citizenship Service (USCIS) attempting to block the agency’s attempt to require all Regional Centers to get reauthorized. This is the second lawsuit filed regarding this […]
According to the Q&A published by USCIS on April 29th, 2022, all Regional Centers (including those previously authorized) are required to file form I-956 along with other necessary documents to USCIS in order to raise EB-5 funds through the Regional Center program moving forward. Expecting the requirement earlier on through […]