News

January 9 2015

Strong Dollar

In the past eight months the euro has lost about 15% of its value versus the dollar. This week I have been told by a few prospective clients in Japan, Canada and Mexico that the rising U.S. dollar and their country’s falling currencies are causing them to wait to invest...

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December 30 2014

USCIS Confusing Notices

USCIS has recently updated their website user interface which is causing glitches with their online case status system. Many applicants are receiving erroneous or outdated notifications and updates. I have contacted USCIS about this problem. They have received many calls on this and say a resolution will soon be forthcoming. I...

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December 23 2014

Good Fortune for the New Year

At this time of year we take a stock of our own good fortune and think about the New Year. Soon the effort by the EB-5 community will be in full swing for extension of the Regional Center statute, which is set to expire on September 30, 2015. In the past few...

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December 16 2014

December USCIS Stakeholder Call

The December 5th USCIS EB-5 stakeholders call provided little new information. Adjudications are still slow.  The processing times announced are: I-526s are averaging 14.5 months; I-829s are averaging 6 months; New Regional Center and amendment I-924s are averaging 8 months. USCIS acknowledged that when a Regional Center I-526 case is decided for a new project,...

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November 20 2014

Immigration Executive Action

Here are some thoughts on President Obama’s recent and expected executive actions to be announced on Friday! China Tourist and Business Visas While in China last week, President Obama announced new reciprocity rules for Chinese citizens coming to the U.S. with tourist (B-2) and temporary/business (B-1) visas. Rather than being valid for...

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