August 25 2014

China EB-5 Quota News

China EB-5 Quota News This weekend in Chicago, I met the State Department’s official who distributes visa numbers.  He reported that extra visa numbers would be allocated to the American Consul in Guangzhou Consul, in order to use all 10,000 EB-5 numbers in fiscal year 2014.  This is the first time...

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August 22 2014

Visa List

Visa List The Department of State’s Chief of the Visa Control and Reporting Division, Charlie Oppenheim, has dispelled rumors that the EB-5 limit was reached. EB-5 visa numbers continue to be available for this fiscal year. 2015 fiscal year numbers are available October 1. USCIS EB-5 Stakeholder Engagement Call On September 10, 2014,...

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August 19 2014

Meeting in Chicago

I am available for meetings in Chicago this Friday and Saturday, August 22 & 23. I will be speaking at the American Immigration Lawyers Association EB-5 Conference on I-829 removal of conditional residence applications. Please contact me if you or anyone you know wishes to meet with me in Chicago. Fortune Magazine...

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August 7 2014

Electronic Filing of Regional Center I-526s

The USCIS held a stakeholder’s call last week solely about its new “document library” and EB-5 filing system for regional center (RC) based I-526 investor petitions. Information about the new system: It allows a RC designated “Document Library Manager” (must be an employee of the RC) to create a USCIS ELIS...

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July 25 2014

Source of Funds

All funds invested in an EB-5 green card project, plus the regional center’s subscription fee, must be traced and shown to be from a legal source. Each case is different. Some people take a distribution from a company and some have savings over time. One common source is to sell a...

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