News

July 2 2019

EB-5 Investment Amount Increase?

Last week, the U.S. Office of Management and Budget (“OMB”) cleared USCIS regulations for publication to 1) increase the EB-5 investment amount from the current minimum of $500,000, and 2) change the Targeted Unemployment Area (“TEA”) rules.  One immigration blogger predicts the new rule will be published within two weeks.  If...

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May 31 2019

Indian EB-5 Quota Update

There are 10,000 EB-5 visas annually.  No country can take more than 7% per fiscal year.  The State Department (“DOS”) has announced that by July, the approximately 700 Indian EB-5 visas will be nearly exhausted for this fiscal year and the Visa Bulletin will have a cut-off date “sometime in...

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April 9 2019

E-2 Entrepreneur Visa Business Plans

I have been asked recently, does one need a professional business plan writer to write a business plan for an E-2 visa? My answer: In most cases, no. The business owner can create their own business plan required for an E-2 visa. I am happy to provide clients with a sample...

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March 11 2019

With Fewer EB-5 Applications, Will Processing Times be Faster?

In Fiscal Year 2016, the USCIS received 14,573 EB-5 I-526 petitions.  In Fiscal Year (FY) 2018, the decline in petitions from China-born investors resulted in only 6,424 I-526 filings (and only 1,338 in the last quarter of FY2018). One EB-5 expert predicts that in 2019, I-526s will be decided in less...

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