News
EB-5 Investment Amount Increase Moves Closer The U.S. Government’s Office of Management and Budget has again published for the third time on its website a notice of forthcoming rules and regulations. Here is what was posted: DHS is proposing to update its EB-5 regulations to improve clarity by having two distinct regulatory...
EB-5 Compliance Initiative Means a Compliance Plan; Rollercoaster Processing Time Reports
EB-5 Compliance Initiative Means a Compliance Plan After threatening to do this last August, the USCIS Fraud Detection and National Security Directorate (FDNS) is turning its attention to the EB-5 program. FDNS will institute three compliance initiatives – Regional Center audits, site visits and interviews of investors at the I-829 stage. Site...
Again, the USCIS sent a signal that it is in the process of raising the EB-5 investment to $800,000 (or more) by issuing a new regulation. In an email today to EB-5 stakeholders, the USCIS said the following: [W]e are seeking individual stakeholder feedback on potential EB-5 regulatory and policy changes… on...
Tomorrow, the Department of Homeland Security will publish a proposed rule to increase USCIS EB-5 filing fees as follows: I-526s would go from $1,500 to $3,675; I-924s (for a new RC designation, and presumably amendment applications including an “exemplar” application for a new project) would go from $6,230 to $17,795; I-924A RC annual...
USCIS Stakeholder Call News The USCIS EB-5 unit held a Stakeholder call on April 25, 2016. It was intended to be a listening session for stakeholders to provide comments on a few areas for which USCIS is considering new regulations. However, there was some important news from the USCIS: USCIS plans to...