Four Congressional leaders came together and published a bipartisan letter to the Department of Homeland Security Secretary Mayorkas on May 9th, 2022. The letter specifically mentioned that Congress did not intend for all Regional Centers to go through redesignation per the confusing interpretation that sparked outrage published by USCIS on […]
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After two years of disruption due to the COVID-19 pandemic, the industry’s authoritative IIUSA Industry Forum was successfully held in Orlando, Florida from April 12th to 13th. Many of the EB-5 industry’s leading Regional Centers, Attorneys and immigration intermediaries attended the two-days event to discuss the reauthorization of the EB-5 […]
ARTICLE HIGHLIGHTS Understand the Employment-Based Visa Types Chart A vs. Chart B: What each chart tells you? Huge EB-2 and EB-3 backlogs for Indians Jackson Project Qualifies for 10% Reserved EB-5 Visas The May 2022 Visa Bulletin is a bit different from the previous Visa Bulletins that we have seen […]
USCIS Restarts I-526 Petitions Processing USCIS announced on Monday April 11th that it will restart its I-526 processing for investors who submitted their petitions prior to July 1st, 2021. All I-526 petitions filed before March 15th are applicable to be included into the grandfathering clause of the new EB-5 regulations. […]
The immigration agency announced on March 29th that it will “increase capacity, improve technology and expand staffing to achieve these new goals by the end of FY 2023.” Although the announcement did not mention the EB-5 program explicitly, this decision by USCIS aligns with the new EB-5 legislation which requires […]
Did you know that there is an easier and faster way for F-1 international students or professionals on H1B visa to get a green card? Concurrent filing in the new EB-5 program allows you to do just that! Let us explain what concurrent filing is and how it will benefit you […]
On Tuesday March 15th, President Biden signed the $1.5 trillion Omnibus spending bill that include the EB-5 Regional Center (EB-5 RC) program reauthorization along with the EB-5 Reform Bill. This means that EB-5 RC is officially back and all new regulations immediately go into effect. However, USCIS will not be […]
An updated draft of the EB-5 program reform bill proposes the reauthorization of the EB-5 Regional Center program, which lapsed in June 2021, along with several other changes to the EB-5 program. If this bill is passed, the minimum investment amount for EB-5 would immediately increase From $500k to $800k […]
Well-known for being one of the most expensive cities in the world, the NYC real estate market has long become a very profitable and popular investment option. Despite the horrendous effects that the COVID-19 pandemic has left on the world’s economy, NYC was able to maintain its position in the […]
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