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…
Tag Archives: EB-5 visa
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USCIS Expected To Use All Available Employment Based Green Cards This Fiscal Year
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…
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Breaking News! Congress Reauthorizes the EB-5 Regional Center Program
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…
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Understanding the Rapid EB-5 Visa Availability for Indian Investors
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…
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Updated India Priority Date for EB-5 – What It Means for You
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…