Latest EB-5 News

September 11 2017

EB-5 Extends to December 8, 2017

With the Hurricane Harvey relief, debt ceiling increase, and budget extension legislation, Congress has extended the current EB-5 law to December 8, 2017 with no changes. There still remains the possibility that the Senator Cornyn’s EB-5 compromise bill may pass this fall. My contacts in Washington D.C. say Senator Cornyn is...

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August 18 2017

Surge is on for EB-5 at $500,000

Surge is on for EB-5 at $500,000 Many investors are concerned that the EB-5 visa investment amount will increase with the EB-5 statute extension on or before September 30th. Thus, they are investing now and filing I-526s. We are encouraging people to start the process ASAP, as the new I-526 form...

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July 13 2017

New USCIS Ombudsman Report

USCIS Ombudsman Report The new USCIS Ombudsman Annual Report contains some disturbing statistics: 58,043 EB-5 petitions are on file with USCIS; 30,000 people with approved I-526s are waiting for immigrant visas. The program needs more visa numbers. New I-526 Form The USCIS has again issued a new form I-526. The new version must be used beginning...

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June 30 2017

Explanation of Extreme Vetting for Muslim EB-5 Immigrants

I said in my last newsletter that it was not clear if new extreme vetting procedures would be applied to EB-5 immigrant visa applicants from the six Muslim-majority countries: Iran, Libya, Somalia, Sudan, Syria, and Yemen. By extreme vetting, I am referring to the review of the immigrant’s social media,...

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