EB-5 Visa Investment Minimum Lowered!
What is an EB-5 Visa? EB-5 visas, commonly known as an investor green card, were created to give investors from other countries to become lawful permanent residents and eventually US citizens within the US, if they were to contribute to the economy in high enough of a monetary fashion, and create at least 10 full time jobs. This program was created to be mutually beneficial to foreign national and local economic growth in the United States. ... Read More
The New EB-5 Act
After long deliberation and postponing, on March 15, 2022, President Joe Biden approved the EB-5 Reform and Integrity Act of 2022. Also known as the Consolidated Appropriations Act of 2022, this will provide new reforms to the EB-5 Program for a 5-year reauthorization period lasting until September 30, 2027. What will change? Grandfathering Pending I-526 petitions filed under the previous rules or I-526 petitions filed under to ... Read More
USCIS Announces FY 2021 Accomplishments—Increased Data Transparency (5 of 5)
WASHINGTON — Today, U.S. Citizenship and Immigration Services is releasing preliminary fiscal year (FY) 2021 agency statistics and accomplishments. These preliminary statistics highlight important immigration trends and illustrate the work accomplished by USCIS in FY 2021. The agency will publish final, verified FY 2021 statistics in January 2022. Ur M. Jaddou, Director, U.S. Citizenship and Immigration Services “I’m immens... Read More
USCIS Announces FY 2021 Accomplishments—Online Filing and Tools (4 of 5)
WASHINGTON — Today, U.S. Citizenship and Immigration Services is releasing preliminary fiscal year (FY) 2021 agency statistics and accomplishments. These preliminary statistics highlight important immigration trends and illustrate the work accomplished by USCIS in FY 2021. The agency will publish final, verified FY 2021 statistics in January 2022. Ur M. Jaddou, Director, U.S. Citizenship and Immigration Services “I’m immens... Read More
USCIS Announces FY 2021 Accomplishments—Increased Public Engagement (3 of 5)
WASHINGTON — Today, U.S. Citizenship and Immigration Services is releasing preliminary fiscal year (FY) 2021 agency statistics and accomplishments. These preliminary statistics highlight important immigration trends and illustrate the work accomplished by USCIS in FY 2021. The agency will publish final, verified FY 2021 statistics in January 2022. Ur M. Jaddou, Director, U.S. Citizenship and Immigration Services “I’m immens... Read More
USCIS Announces FY 2021 Accomplishments—Humanitarian Programs (2 of 5)
WASHINGTON — Today, U.S. Citizenship and Immigration Services is releasing preliminary fiscal year (FY) 2021 agency statistics and accomplishments. These preliminary statistics highlight important immigration trends and illustrate the work accomplished by USCIS in FY 2021. The agency will publish final, verified FY 2021 statistics in January 2022. Ur M. Jaddou, Director, U.S. Citizenship and Immigration Services “I’m immens... Read More
USCIS Announces FY 2021 Accomplishments—Addressing Challenges & Responses to Executive Orders (1 of 5)
WASHINGTON — On December 16, 2021, U.S. Citizenship and Immigration Services is releasing preliminary fiscal year (FY) 2021 agency statistics and accomplishments. These preliminary statistics highlight important immigration trends and illustrate the work accomplished by USCIS in FY 2021. The agency will publish final, verified FY 2021 statistics in January 2022. Ur M. Jaddou, Director, U.S. Citizenship and Immigration Services ... Read More
June 2021 EB-5 Investor Visa Program Changes: Your Questions Answered
Major changes were affected on the EB-5 Investor Visa program in June. Because of both federal court rulings and legislative challenges, EB-5 has seen significant, though possibly temporary, changes. In this article we will lay out some of the key facts and answer key questions that have arisen out of these changes. A. KEY CHANGES TO EB-5 IN JUNE 2021 The November 2019 change that increased the minimum investment amount in a targeted emplo... Read More
The EB-5 Regional Center Program Expired on June 30th Only Temporarily
After Sen. Lindsey Graham's (R-S.C.) objection to extend the EB-5 Regional Center program via unanimous consent, the program expired as of June 30, 2021. The Regional Center program enables foreign investors to obtain green cards in exchange for investment in US businesses and project Regional Centers. There is still a positive hope that the Regional Center pr( will be revived, as it has been for over 20 years. Though Senators are currently o... Read More
New EB-5 Regulations Struck Down By U.S District Court: $500,000 Investment Sufficient For A Short Time
A lawsuit challenging EB-5 regulations was successful on June 22, 2021, as the U.S. District Court for the Northern District of California ruled that the regulations were not lawfully promulgated. The regulations at issue, which came into effect in November 2019, significantly increased investment amounts from $500,000 to $900,000 for investments in a targeted employment area (TEA) and from $1 million to $1.8 million for investments not in a ... Read More