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Washington, D.C. – March 1, 2019: Last week, on Feb. 22, 2019, the Department of Homeland Security (DHS) sent a confidential draft of a final EB-5 rule to the Office of Management and Budget (OMB), marking the final stages of the rulemaking process. The rule, titled “EB–5 Immigrant Investor Program Modernization” or RIN 1615-AC07, was…

As part of the agreement by Congress and the president to end the government funding stalemate, the EB-5 program will be authorised thru September 30, 2019.  Many may be aware that over the past few months Iowa Rep. Steve King proposed to terminate the EB-5 program.  However, his bill garnered zero support, illuminating how lawmakers…

Latest Update: EB-5 extension is likely to lead to a surge in last minute applications with petitioners eager to beat the deadline. As with previous deadlines, such reauthorisations tend to herald a surge in last minute applications with applicants keen to file their I-526 petitions before the extension ends and possible higher EB-5 program investment…

Latest Update: EB-5 awaits Short-Term Extension until February 8th 2019. Meanwhile, USCIS continues to accept I-526 petitions. Re-authorisation awaits outcome of President Trump’s Federal Funding stand off. U.S Government remains shutsdown for the 3rd time in the last 12 months. Residency Invest will continue to monitor the situation closely and provide any new information as…

Washington Update: EB-5 Regional Center Authorization Receives Short-Term Extension until December 21st The EB-5 Regional Center program was due to expire on Friday, December 7th at midnight. Due to the death of former president George H.W. Bush and the State Funeral in his honor, lawmakers have decided to delay this deadline to December 21st. The Future of EB-5 The House…

Washington Update: EB-5 Regional Center Program Reauthorization Extended to December Amidst looming concern with the EB-5 Regional Center program potentially expiring on September 30th, 2018 – over the last week, the U.S. Congress has passed legislation that extends the program in its current form, through December 7th, 2018. The bill includes funding or continuation of…

About Residency Invest Residency Invest specialises in assisting Investors and their family through the EB-5 process, from start to finish. Our relationship with our investors is a long term one, and we strive to ensure this often complex process, remains as quick and simple as possible. Education on the EB-5 Programme Placing investor into a qualifying investment…

The EB-5 Immigrant Investor Program — under which foreigners have invested billions of dollars in the U.S. to obtain American green cards — is set to expire in September. Some critics want the immigration program to be scrapped on concerns about fraud, abuse and national security risks. Another contentious issue is how expensive the program…

What is the EB-5 Program, what are the benefits, and how can foreign nationals obtain these EB-5 green card benefits for their families? The EB-5 Program was created by Congress in 1990 as a way to stimulate the U.S. economy through capital investment and job creation. In exchange for investing $1 million, or more often…

If a waiting list does occur, it may be short lived as once the EB-5 program increases to USD 925,000, as it is expected to do this September 30th, EB-5 application numbers can be expected to fall back to lower levels.