Search Subject: October 2013 [Clear]

October 29 2013

Visa Backlog

Rumors are flying that the 10,000 EB-5 visas will be exhausted in 2014, resulting in a longer wait to immigrate. I spoke with Charlie Oppenheim, the Department of State official in charge of the allocation of visa numbers. Here is what he said: If it becomes necessary in 2014, he will...

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October 4 2013

India Restricts Export of Capital

India Restricts Export of Capital India has imposed new, more restrictive monetary regulations on export of capital. Previously, each person could export $200,000. That amount is now reduced to $75,000. Indian EB-5 investors will presumably transfer funds like the Chinese or borrow funds from relatives in the US. Processing Times USCIS announced that...

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