The EB-5 Program Reform and Integrity Act (RIA) of 2022 authorizes certain new investors to file a Form I-485 (Application for Adjustment of Status) along with a Form I-526 (Immigrant Petition by Standalone Investor) or Form I-526E (Immigrant Petition by Regional Center Investor). This is called concurrent filing, and to take advantage of it, there...
EB-5 Information
Navigating the intricate web of immigration options can be exciting yet complex. The decision between the E-2 visa and EB-5 visa may appear straightforward for foreign investors and entrepreneurs. However, these visas diverge significantly in their requirements, benefits, and long-term pathways to permanent residency. Discerning which visa is most suitable for you will depend on...
Legal Precedent: Zhang v. USCIS (2020) Traditionally, USCIS has treated unsecured loans as unviable sources of EB-5 funds. The U.S. Court of Appeals for the D.C. Circuit, however, changed the landscape of the EB-5 program in 2020 when it concluded in Zhang v. USCIS, 978 F. 3d 1314, 1319-22 (D.C. Cir. 2020) that loan proceeds...
In 1990, Congress created the EB-5 visa program. It aims to encourage foreign investors to create jobs and invest in the U.S. economy. United States Citizenship and Immigration Services (USCIS) administers the EB-5 program. It lets foreign investors get U.S. permanent residency as green card holders. Their spouses and unmarried children under 21 can also...
Oct232023
Recently, the EB-5 program has experienced a remarkable resurgence, capturing the attention of investors, developers, and immigration practitioners alike. The question that arises is, “What has led to this revitalization?” Within this article, we will discuss the three main factors that have caused EB-5 to return to the spotlight. EB-5 Reform and Integrity Act of...
Once you are a green card holder you need to be careful not to lose it. Obtaining a green card and maintaining permanent residence requires an individual to spend most of their time in the US. When COVID hit a lot of green card holders got caught outside of the US and were forced to...
For a long time, processing times for applications filed at USCIS have been spiraling out of control and certain applications do not qualify for premium processing. For example, the current processing time for EB-5 cases is 47-71 months! Imagine investing over half a million dollars, paying a $3,675 filing fee and then having to wait...
Late last evening, the US Congress reauthorized the EB-5 Regional Center Program by a vote of 68-31. This is great news for current EB-5 Regional Center investors and those who are looking to utilize the EB-5 Regional Center program moving forward. As a part of the reauthorization, it is expected that USCIS will immediately start...