News & Analysis as of

I-526 Petition

Jackson Walker

EB-5 Regional Centers Temporarily Regain Authorization

Jackson Walker on

After Congress passed the EB-5 Reform and Integrity Act in March 2022, USCIS announced that the act repealed the legacy Regional Center Program. Consequently, more than 600 existing regional centers were effectively...more

Jackson Walker

USCIS Requires Form I-956 for Regional Center Designation

Jackson Walker on

On April 29, 2022, USCIS held its EB-5 Reform and Integrity Act of 2022 Listening Session and clarified that entities seeking to be designated as a regional center are required to file Form I-956, Application for Regional...more

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

Jackson Walker

What Investors Need to Know About Lapsed Authorization for EB-5 Regional Center Program

Jackson Walker on

As of June 30, 2021, the EB-5 Immigrant Investor Regional Center Program has lapsed, and U.S. Citizenship and Immigration Services (USCIS) has since rejected any submissions received on or after July 1, 2021, of the following...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

Gibney Anthony & Flaherty, LLP

New EB-5 Program Rules Start November 21: What To Expect

U.S. Citizenship and Immigration Services (USCIS) has made significant changes to the Immigrant Investor Program (EB-5) through their establishment of new EB-5 modernization regulations.  The EB-5 program permits individuals...more

Polsinelli

Senate Leaders Propose Significant Changes to the EB-5 Program: Big City Developers Are Likely to Rejoice

Polsinelli on

On November 5, 2019, Senators Rounds (R-SD), Graham (R-SC) and Cornyn (R-TX) introduced the Immigrant Investor Program Relief Act (S. 2778) (“Relief Act”). The Relief Act would extend the Immigrant Investor Program (known as...more

Saul Ewing LLP

Updated Information After the Annual IIUSA Meeting Held in Washington, DC May 6 and May 7, 2019

Saul Ewing LLP on

IIUSA hosted a very targeted annual conference in Washington, D.C., to discuss the status of the EB-5 industry and focused on various specific matters of interest to the group....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

Saul Ewing LLP

IIUSA Sends Open Letter To USCIS In Support Of Proposed Rulemaking

Saul Ewing LLP on

Linked is a letter submitted, a few weeks back, by IIUSA in support of the proposed rulemaking of USCIS to adopt regulations (the "Regulations") that will have a material impact on the EB-5 Program, including a list of...more

Saul Ewing LLP

The Follow Up To IIUSA Meeting In Washington, DC On April 23, 2018 And April 24, 2018

Saul Ewing LLP on

IIUSA had its annual meeting in Washington, DC. The meeting focused a lot on the status of the industry, retrogression, new legislation and collective marketing efforts....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 Spending Bill Ends Second Federal Government Shutdown in Less than a Month

Cozen O'Connor on

A brief federal government shutdown ended Friday as the House and the Senate passed a Continuing Resolution (the “CR”) which provides a bipartisan budget bill that raises spending caps for two years and funds the federal...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

Cozen O'Connor

How House Joint Resolution 123 Impacts EB-5

Cozen O'Connor on

On Friday, December 8, 2017, President Trump signed House Joint Resolution 123, the “Continuing Appropriations Act”, which prevented a U.S. federal government shutdown. The Act provided a short-term extension which will keep...more

Saul Ewing LLP

Down to the Wire

Saul Ewing LLP on

There have been significant movements in Congress to try to come up with a final compromise bill to resolve the impasse that has been in existence for the past two and one-half years (2½) years. It is difficult to predict...more

Ballard Spahr LLP

Bigger Investments Proposed for EB-5 Projects; Investors Scramble to Beat Deadline

Ballard Spahr LLP on

As we have previously reported, many members of Congress have proposed and considered several reforms to the U.S. Immigrant Investor Program known as "EB-5" over the past several years. The reforms included making the...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

Baker Donelson

Summaries of Administrative Appeals Office EB-5 Decisions Posted for 2012

Baker Donelson on

Below are my summaries of the 2012 EB-5 AAO decisions recently posted by USCIS, which can be a accessed from www.uscis.gov > Administrative Decisions and choosing the "Folders" for B7 and K1....more

Nexsen Pruet, PLLC

EB-5 Immigrant Investor Process

Nexsen Pruet, PLLC on

The U.S. Immigration and Nationality Act currently allocates 10,000 “EB-5” immigrant visas per year to qualified individuals seeking Lawful Permanent Resident (LPR) status - also known as a “green card” - on the basis of...more

24 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide