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Search Subject: February 2019 [Clear]
Increasing the EB-5 Investment Amount Moved a Step Closer
The government’s Office of Management & Budget (“OMB”) has advanced a regulation to the “review” stage that will likely increase the investment amount. The “review” stage is the last step in the rulemaking process before a final rule is published and becomes effective. Regarding how long the review stage will...
EB-5 Regional Center Program Extended
With the passage of the congressional appropriations bill, the EB-5 Regional Center program has been extended once again, this time to September 30, 2019. Future extensions are anticipated. The law for direct EB-5 investors creating their own business has not been affected by the budget. FAQ: Regarding India EB-5 Q: I am...
New Rulings On Borrowed Funds
Latest on Borrowed Funds Two federal district courts have recently held that the USCIS policies on borrowing funds for EB-5 are illegal. USCIS says if a person borrows funds and uses the cash to invest in an EB-5 project, USCIS’s loan rules must be followed, which require the investor to put...