News
Investor Lawsuit Challenges EB-5 Visa Allocation
A lawsuit has been filed in federal court against the government challenging its policy of requiring each EB-5 petitioner, as well as their spouse and children accompanying or following to join them, to obtain one of the 10,000 annual EB-5 visa numbers. This case, brought by 455 Chinese EB-5 petitioners,...
EB-5 Investment Amount Increase Delayed
EB-5 Investment Amount Increase Delayed The Office of Management & Budget has indicated the EB-5 visa investment amount may be increased in August 2018. However, a few days ago, there was a hearing in Washington, DC where the head of the United States Citizenship and Immigration Services (USCIS) said that the...
Possible Increase in EB-5 Investment Amount The US Office of Management and Budget (OMB) has just issued its agenda for new regulations and it again includes new EB-5 regulations. The OMB estimated “Final Action” to be in August 2018.The proposed rule change would increase the investment amount and change the TEA...
EB-5 Vietnam Quota Retrogression Explained
EB-5 Vietnam Quota Retrogression Explained with a State Department Offical's Estimate of the Rate of Advancement of the Quota (This applies only to EB-5 investors born in Vietnam) For more detailed information about the EB-5 program, contact our Vietnamese speaking EB-5 attorney Nam-Giao Do at ndo@aboutvisas.com. This memorandum explains information about the Vietnam...
Indian EB-5 News and New Social Media Rules
EB-5 India For some time, there has been an increase in EB-5 applicants from India. In the past, Indian EB-5 investors almost exclusively sought out “direct” investments rather than regional center projects. This is because one may earn a high rate of return with a business one owns or in which...