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...
EB-5 Information
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...
According to the May 2020 Visa Bulletin released by the Department of State, the new EB-5 visa availability date for India is October 1, 2019. This is great news for all applicants that have an approved I-526 with a priority date of October 1, 2019 or earlier. However, for all the applicants that do not...
As many of you have probably seen, according to the February 2020 Visa Bulletin by the Department of State, the priority date for India for EB-5 category visas for regional centers is now September 1, 2018 (February 2020 Visa Bulletin). While this is great for Indian born applicants that have either now become current or...