A new U.S. visa program backed by President Donald Trump is expected to launch in the coming days. Known as the “Gold Card” visa, the program is expected to offer a pathway to permanent residency, and possibly even U.S. citizenship, for foreign investors willing to invest at least $5 million into the U.S. economy. President...
Trump’s $5M Gold Card Visa Program Set to Launch: A Potential Path to U.S. Residency
A core principle of the EB-5 Immigrant Investor Program is that all investment funds must have a lawful origin. The source of an EB-5 investor’s funds must be clearly documented and legally obtained. The program allows for various ways to finance the required $800,000 investment, including using loaned funds from sources such as a bank,...
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...
Last year USCIS came under heavy criticism for failing to issue all available employment-based green cards. Due to the pandemic, most Consulates were closed or operating at a reduced capacity which meant that unused family-based visas rolled over into the employment-based green cards. This was great news. Typically, there are 140,000 employment-based green cards available...
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...