News & Analysis as of

Investors I-526 Petition

Baker Donelson

Analysis of New EB-5 Reform and Integrity Act of 2022

Baker Donelson on

On March 15, 2022, the United States enacted the EB-5 Reform and Integrity Act of 2022 (the 2022 Act) as part of a large omnibus budget package of legislation. The 39-page compromise legislation grandfathers existing workers...more

Baker Donelson

EB-5 Regional Center Law Expires; USCIS Clarifies Interim Approach

Baker Donelson on

On June 30, the U.S. Citizenship and Immigration Services (USCIS) issued clear guidance about how it will implement the expiration of the regional center law as of midnight, until any renewal legislation becomes enacted or...more

Baker Donelson

USCIS Re-Prioritizes EB-5 I-526 Adjudication Based on Visa Number Availability: The Good, the Bad, and the Ugly

Baker Donelson on

USCIS has been falling farther and farther behind on adjudication of EB-5 filings. Last week USCIS suddenly announced that, starting March 31, 2020, it will adjudicate first I-526 petitions from investors for whom a visa...more

Baker Donelson

Court Overrules USCIS "Collateralization" Policy for EB-5 Investors

Baker Donelson on

In about 2015, USCIS started denying petitions of EB-5 investors who used the cash proceeds of a loan as their source of funds unless the loan was collateralized by the personal assets of the investor. ...more

Polsinelli

Congress Kicks the Can a Bit Further: The EB-5 Program Is Extended to September 30th

Polsinelli on

On March 23, 2018, Congress passed and President Trump signed the Omnibus Appropriations Act for Fiscal Year 2018 (the “Omnibus Act”), a $1.3 trillion spending bill, as federal funding and the EB-5 program were due to expire....more

Saul Ewing LLP

Summary of the Draft EB-5 Reform Act

Saul Ewing LLP on

There appears to be significant momentum from the Republican contingent in the Senate and the House to pass an EB-5 reform bill entitled, "The EB5 Immigrant Investor Visa and Regional Center Reform Act" (the "Draft Bill") in...more

Cozen O'Connor

Stopgap Bill to End Government Shutdown passes Congress, extends EB-5 Program 3 weeks

Cozen O'Connor on

The federal government shutdown came to an end as the House and the Senate passed a Continuing Resolution (the “CR”) which extended the Federal budget until February 8, 2018. The President signed the bill late Monday night. ...more

Ballard Spahr LLP

Significant Increases to EB-5 Program Filing Fees Effective on December 23, 2016

Ballard Spahr LLP on

The Department of Homeland Security (DHS) has increased fees by an average of 21 percent for certain U.S. Citizenship and Immigration Services (USCIS) applications, including the U.S. Immigrant Investor Program (EB-5)....more

Mintz - EB-5 Financing Viewpoints

I-526 Processing Delays Expected to Continue into 2017

According to data recently supplied by USCIS, there are more than 20,000 I-526 petitions pending adjudication as of the end of March 2016. This is a massive backlog of cases. What are the implications of this backlog to...more

Sheppard Mullin Richter & Hampton LLP

The EB-5 Basics For Investors: A Roadmap to the American Dream

EB-5 investors are eligible for an EB-5 immigrant visa if they have invested the required amount of capital into one of the three following for-profit business types: 1. A new commercial enterprise (NCE); 2. An...more

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