News

October 19 2018

EB-5 Investment Amount Increasing?

The Office of Management & Budget (OMB) has once again published a notice to implement new EB-5 regulations increasing the investment amount and changing the TEA rules.  The notice, first published in January 2017, indicates that such changes may be implemented in November 2018.  It is possible, as in the...

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October 5 2018

India EB-5 Quota

India EB-5 Quota In fiscal year 2018, there were 585 EB-5 visas issued to people from India – about 110 less than the maximum permitted. There are more India EB-5 cases on file and being filed every day. Retrogression of the India EB-5 quota is expected in 2019. For a detailed...

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September 21 2018

EB-5 Regional Center Law to be Extended

EB-5 Regional Center Law to be Extended Recently, Congress reached bipartisan agreement to extend the federal budget, which includes the EB-5 Regional Center statute, via a “continuing resolution.”  The latest news from Washington, D.C. is that the Regional Center statute will again be extended to December 7, 2018, without change. H-1B to...

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August 22 2018

EB-5 Adjustment of Status versus Obtaining an Immigrant Visa Via Consular Processing

After the EB-5 I-526 petition is granted, one residing in the United States (for example on an H-1B professional worker or F-1 student visa) has a choice of procedures to complete their immigration: 1) apply in the United States for "adjustment of status" or 2) apply for an immigrant visa (IV) abroad at the...

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August 10 2018

Investor Lawsuit Challenges EB-5 Visa Allocation

A lawsuit has been filed in federal court against the government challenging its policy of requiring each EB-5 petitioner, as well as their spouse and children accompanying or following to join them, to obtain one of the 10,000 annual EB-5 visa numbers.  This case, brought by 455 Chinese EB-5 petitioners,...

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