News
Fiscal Year 2017; Expedites; Use it or Lose it
Fiscal Year 2017 The EB-5 quota for Chinese-born applicants remains backlogged. The September 2016 visa list issued by the Department of State has a cutoff date of February 15, 2014 for EB-5 visa applications filed by Chinese-born applicants, and that date has not moved in a number of months. This means...
July 28 USCIS EB-5 Stakeholder Call
July 28 USCIS EB-5 Stakeholder Call Today USCIS held an EB-5 Stakeholder call. There was little news and some speakers were impossible to hear. USCIS said: They have started Regional Center (RC) site visits and audits in Florida. USCIS will give RCs a notice of audit by letter and also call to tell...
Brexit into EB-5 Political, economic, environmental, and other factors for many generations have been major reasons for immigration to the U.S. I was hired last fall by a British jumbo jet pilot for his and his family’s EB-5 immigration. I asked him what is causing him to immigrate to the U.S....
Important Breaking EB-5 Regional Center Extension Bill News The Regional Center statute is set to expire on September 30, 2016. Politico reports Congress will probably soon pass a continuing budget resolution until after the election. The Republicans want to extend the budget to March, the Democrats to December. The current EB-5 statute,...
More on Redeployment of EB-5 Funds
Last week I wrote about redeploying EB-5 capital from the initial project to another project before the I-829 is granted. An EB-5 developer asked for some clarification including the following: Question: If a project creates the necessary jobs and is sold or refinanced, and the funds are moved to another at...