May 15 2015

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...

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May 13 2015

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...

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May 1 2015

DHS Proposed Changes to the EB-5 Program

Released today is a letter from DHS Secretary Jeh Johnson dated April 27, 2015, to Senate Judiciary Committee Chairman Charles Grassley about the extension of the regional center EB-5 statute, which is set to expire September 30. He suggested a number of statutory changes, most notably: • Increase the EB-5 minimum...

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April 24 2015

TEA Seminar

The excellent EB-5 economist, Michael Kester, will hold a webinar about TEAs on May 5th. Michael, at Impact DataSource, runs the popular website that allows one to research TEA by census tract. To register for this webinar, go to

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April 14 2015

China Quota Retrogress in May

China Quota Retrogress in May The Department of State May 2015 visa bulletin was released today.  It contains a cutoff date of May 1, 2013, for the EB-5 China quota (not other countries). Attached is my memo explaining quota retrogression, which I have expanded to address a few questions I have...

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