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EB-5 APPLICATION EXTENSION BULLETIN

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Lawyers extend their final date to be engaged to October 28. They then can file your application before the increase. Source of Funds history must be straight forward. The lawyer most of our applicants use has a 100% EB-5 application approval success record. After November 21, new rules impose an investment increase to $900,000, plus…

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After Blocking S. 386, Sen. Durbin Introduces RELIEF Act to Increase Legal Immigration

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Once again, Sen. Mike Lee (R-Utah) asked for unanimous consent from the Senate this week to pass the Fairness for High Skilled Immigrants Act, S. 386 in the Senate and H.R. 1044 in the House, that would lift per-country caps for employment-based green cards, but Sen. Dick Durbin (D-Ill.) objected. Sen. Durbin used his objection…

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EB-5 Minimum Investment Increases to US$900,000 Starting November 21, 2019

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EB-5 Minimum Investment Increases to US$900,000 Starting November 21, 2019 WASHINGTON, D.C. – July 23, 2019 –  U.S. Citizenship and Immigration Services (USCIS) will publish the new EB-5 regulations as a Final Rule on July 24, 2019, and will become effective on November 21, 2019. The major change created by the new regulations is to…

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EB-5 Investment Amount to Increase

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Washington, D.C. – July 2, 2019 – On June 27, 2019, the Office of Management and Budget (OMB) completed its review of USCIS’ proposed EB-5 Modernization Regulations, the last step in the rulemaking process before the new regulations are published and implemented. The new EB-5 regulations could increase the EB-5 minimum investment threshold and give…

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Waiting List Announced for Indian EB-5 Starting in July

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The latest Visa Bulletin, published by the U.S. Department of State (DOS) earlier this month, confirms industry predictions of a waiting list for Indian-born EB-5 investors. Starting in July 2019, EB-5 visas will be available only to those Indian-born investors who filed their petitions before 05/01/2017. This cut-off date creates a waiting list of approximately two…

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Another Reason To Love EB-5: Potential Use To Help Disaster Areas

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It has been reported on April 16th, that Rep. González-Colón introduced H.R.2173, a bill that would amend the Immigration and National Security Act to reserve 100 EB-5 visas for investors who select projects in locations declared major disaster areas by the president. The EB-5 Program gives qualifying foreign nationals and their immediate family members green…

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Is India Slipping into Retrogression?

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The number of Indian citizens issued with EB-5 visas in the US has almost quadrupled since 2017. As stated by U.S. Citizenship and Immigration Services (USCIS), 585 conditional green cards were issued to Indians during the 12 month period ending September 2018, compared with 174 during the 2017 with 149 in 2016. An increase in…

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Is the EB-5 program about to increase from $0.5m to $1.35m?

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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…

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EB-5 February Update: What Investors Can Expect For The Future Of EB-5

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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…

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EB-5: Trump Signs Short-Term Funding Extension to February 15th 2019

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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…

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