News
The Surge Has Begun
THE SURGE HAS BEGUN With news that the EB-5 investment amount in a TEA will increase to $800,000 and elsewhere to $1,200,000, many investors are now wanting to file I-526 applications with the current $500,000 minimum investment amount. Similarly, regional centers are moving forward with exemplar applications for their projects to lock...
USCIS Stakeholder Call
USCIS will hold a stakeholder call on Thursday, June 4, from 1 to 2:15 p.m. (Eastern). The topic of discussion will be project expenses that are includable (or excludable) for purposes of estimating job creation. A USCIS economist will make a short presentation and USCIS says they will answer non-case specific...
China Graft in the News
A New York Times front page article on May 16, 2015 reports that China is seeking return of people it accuses of graft, corruption and economic crimes. The article mentioned U.S. prosecution of Chinese citizens in the U.S. for money laundering and visa fraud, as well as one who lied...
June Visa Bulletin
The Department of State has released its June 2015 visa bulletin and the China EB-5 cut-off date of May 1, 2013 did not change. The quota for other countries remains current. REAL ESTATE LOAN REQUEST FOR EVIDENCE (“RFE”)I hear the USCIS has issued RFEs for some cases where the investor borrowed...
Freedom of Information Act
Many Regional Centers (“RC”) are receiving notices from USCIS that someone has filed a Freedom of Information Act request for a copy of the RC’s I-924A annual reports. Someone is on a fishing expedition for information. Some are from an attorney in Florida. IIUSA has also filed a FOIA request...