EB-5 Visa Allocations 2/2

Posted on 08/11/2012 by Mark A. Ivener, A Law Corporation

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Question: Has USCIS given any thought to increasing 10,000 visa cap? What are USCIS thoughts on whether program will be extended?

Answer: This is up to Congress, and USCIS hopes to have more information by next stakeholder meeting.

Question: Stakeholders are concerned with the meteoric rise of Form I-526 applications. What is the process for reauthorization of the EB-5 program?

Answer: Congress determines how many visas to issue. USCIS will administer the program as Congress sees fit, and hopes to have additional information about the future of the program in time for the next quarterly stakeholder engagement.

Taken directly from USCIS EB-5 Immigrant Investor Program Quarterly Stakeholder Engagement on May 1, 2012.

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Mark Ivener is an experienced business and EB-5 immigration attorney who has written 5 books on Immigration Law as well as has written numerous articles and spoken at many events on EB-5 topics.

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