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EB-5 Immigrant Investor Program
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If a federal government shutdown comes …
The regional center aspect of the EB-5 Program is not yet permanent. It is the oldest “pilot” program in federal government.Here is what I think U.S. Citizenship and Immigration Services (USCIS) will do if a federal government shutdown becomes a reality.USCIS will suspend processing of I-526 petitions for EB-5 projects affiliated with a regional center. …
USCIS publishes EB-5 petition processing times
And it’s not a pretty picture. Processing times were published on October 31, 2017.I-526 petitions are taking almost a bit less than two years to adjudicate.I-829 petitions are taking two years and five months to adjudicate.New regional center applications are taking exactly two years to process.A former USCIS ombudsman once told me that it doesn’t…
Regional Center aspect of EB-5 Program extended to Dec. 8
When H.R. 601 was signed into law, a provision in the bill reauthorized the regional center aspect of the EB-5 Program to Dec. 8. The new law, which contained an appropriation for Hurricane Harvey relief for the east coast of Texas, including Houston, also contained a provision to keep the government running. Called a continuing…
Republican senators want to roll back Obama proposal to increase investment amounts
Seehttps://therealdeal.com/?p=2132990
This feels different
Since I became involved in the EB-5 Program in 2006, the regional center part of the program has been extended five or six times. This makes the regional center program the oldest pilot program in federal government, despite the fact that USCIS removed the word “pilot” from the name of the program. That agency cannot…
USCIS releases EB-5 visa case processing times report
Dated March 31, 2017, USCIS released processing times for EB-5 visa related petitions today (May 23). The news is bleak and reflects slower processing even as the agency hires new employees and trains them. The Immigrant Investor Program Office has provided no comment on the slow pace of EB-5 petition processing. The report is below:I-526…
Chicago Convention Center scammer sentenced to 3 years in prison
Seehttp://tinyurl.com/k9p26e3
USCIS Message: EB-5 Regional Center Compliance Audits
Dear Stakeholder, U.S. Citizenship and Immigration Services (USCIS) announces the launch of an EB-5 Regional Center Compliance Audit Program. Regional center compliance audits are an additional way to enhance program integrity and verify information in regional center applications and annual certifications. These audits will verify compliance with applicable laws and authorities to ensure continued eligibility for…