Latest EB-5 News
Travel Ban Update: No Relief for the Weary
The President’s “Muslim ban” just will not go away. Here is the latest:
- 9th Circuit. One judge asked the court to review the 3 judge panel’s decision leaving the temporary restraining order in place. This is called en banc review (16 judges). The court asked the parties to brief the issue by February 11, 2017 at 11AM.
- The White House has indicated a new or modified executive order may be issued in a few days.
All this chaos is not good. Some investors are staying on the side lines. Others say now is the time to invest as the rules may be more restrictive in the future. They see the USCIS “proposed” rules increasing the investor amount to $1.35 million in a TEA and $1.8 million in other areas as a sign that they should invest and file their I-526 ASAP.
There will be a USCIS stakeholder call on March 3, 2017. One question that will be asked is whether the Trump Order to freeze all regulations includes the USCIS proposed rule increasing the investment amount. I will report on the Stakeholder call.
I will be speaking at the following:
February 27 – University of San Francisco, Downtown Campus about H-1B, green cards and EB-5
February 28 - University of San Francisco, Main Campus about H-1B, green cards and EB-5
March 10 - San Jose State University about Trump’s Executive Orders and their impact on temporary visas and EB-5 immigration