News
Indian EB-5 News and New Social Media Rules
EB-5 India For some time, there has been an increase in EB-5 applicants from India. In the past, Indian EB-5 investors almost exclusively sought out “direct” investments rather than regional center projects. This is because one may earn a high rate of return with a business one owns or in which...
The Latest on EB-5 I-829 Receipts
I have previously written about the issuance of receipts for I-829 petitions for removal of conditions on permanent residence status. When a conditional green card expires, the government’s I-829 receipt, along with the expired conditional green card, acts as a one-year extension of the green card. Dependents (spouses and children)...
EB-5 Regional Center Statute Extended
The national EB-5 regional center trade association has just confirmed what I predicted last week: the omnibus funding legislation that will pass on March 23, 2018 will include an extension of the current EB-5 Regional Center Program through September 30, 2018. This means that for now, the minimum investment amount remains at $500,000...
Breaking: EB-5 Program Likely To Be Extended
The news from Washington, DC is that the latest attempt to change the current EB-5 law to increase the minimum investment amount from $500,000 to $925,000 and make many other changes to the EB-5 visa program has failed. A revised bill also will not be considered and the current law...
Significant New Changes to EB-5 Proposed in Congress
Last Friday (March 8th), some members of Congress distributed a legislative proposal that will alter the EB-5 program dramatically. They will try to pass this proposal along with the government spending bill by March 23. If approved, the new EB-5 bill will increase investment amounts and reduce the number of available petitions...