News
July 28 USCIS EB-5 Stakeholder Call
July 28 USCIS EB-5 Stakeholder Call Today USCIS held an EB-5 Stakeholder call. There was little news and some speakers were impossible to hear. USCIS said: They have started Regional Center (RC) site visits and audits in Florida. USCIS will give RCs a notice of audit by letter and also call to tell...
Brexit into EB-5 Political, economic, environmental, and other factors for many generations have been major reasons for immigration to the U.S. I was hired last fall by a British jumbo jet pilot for his and his family’s EB-5 immigration. I asked him what is causing him to immigrate to the U.S....
Important Breaking EB-5 Regional Center Extension Bill News The Regional Center statute is set to expire on September 30, 2016. Politico reports Congress will probably soon pass a continuing budget resolution until after the election. The Republicans want to extend the budget to March, the Democrats to December. The current EB-5 statute,...
More on Redeployment of EB-5 Funds
Last week I wrote about redeploying EB-5 capital from the initial project to another project before the I-829 is granted. An EB-5 developer asked for some clarification including the following: Question: If a project creates the necessary jobs and is sold or refinanced, and the funds are moved to another at...
TEA News Department of Homeland Security Secretary Jeh Johnson said at a Senate hearing on June 30th that new regulations soon to be released will limit targeted employment areas (“TEAs”), which permit a $500,000 EB-5 investment, to eliminate “gerrymandering” districts. Gerrymandering is a term often used to describe oddly shaped political...