September 20 2016

Statute Extension; September 30th Deadline; GAO Report; Regional Center Approval

Statute ExtensionIt still appears that on or before September 30th, or shortly thereafter, the EB-5 statute will be extended in its current form (with many other non-immigration laws) until December 9th via a "continuing resolution." If the statute expires for a few days, while the continuing resolution is worked out...

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September 9 2016

Bulletin on the Visa Bulletin

Bulletin on the Visa Bulletin The Department of State (DOS) visa list closed EB5 visas for Regional Center (RC) investors for October, but don't be alarmed. Each month, the DOS issues the Visa Bulletin, which sets the cut-off dates (the filing date of the 526 must be older than the cut-off date...

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September 8 2016

New EB-5 Bill; Entrepreneur Visa Proposal

New EB-5 Bill Tomorrow, a new proposed EB-5 bill will be released. It still appears that Congress, with a continuing resolution, will extend the EB-5 Regional Center statute to December 2016. This new bill is probably a bargaining position for legislation that may pass before December 9th. I am told by...

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September 2 2016

When Plan “B” is a Good Thing

When Plan “B” is a Good Thing Most EB-5 immigrants apply for immigrant visas at an American Consulate in their homeland. The visa can only be issued when the I-526 filing date is “current” on the Department of State (DOS)’s visa bulletin Chart “A”. EB-5 investors from all countries are now...

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August 18 2016

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...

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