News

February 2 2016

Preparing for Spring

Preparing for Spring China has been the big EB-5 market. With Chinese New Year on February 8th, business in China is now quiet. This is the time for Regional Centers and developers to finish their projects and prepare their materials for the new EB-5 season. Last year, Secretary of Homeland Security Jeh...

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January 11 2016

Stakeholder Call; 2015 Surge of Petitions

Stakeholder Call USCIS will hold a Stakeholder call on February 3, 2016 to answer EB-5 questions. But questions must not be case specific, and often USCIS refuses to answer “policy” questions. I will report on the call. 2015 Surge of Petitions There was a surge in I-526 petitions filed in the fall of...

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December 30 2015

The Final 2015 Chapter for the EB-5 RC Extension

Senators Flake, Cornyn, and Schumer have introduced a bill, S. 2415, to improve transparency and integrity for EB-5 RCs. This is basically part of the Grassley bill considered by Congress this fall. This bill does not address TEAs, job creation, the investment amount, or other key controversial issues. One commentator described...

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December 23 2015

2015 Year in Review

This year has been a roller coaster for those involved with EB-5 visas. Congress extended the statute three times and scared many with unreasonable proposals, which did not become law with the clean extension to September 30, 2016. The demand for EB-5 visas from China is so great, the State Department...

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December 17 2015

Yahoo!! EB-5 Extension to September 30, 2016

To the surprise of most, Congress will pass a clean extension of the current EB-5 Regional Center program to September 30, 2016. For now, there will be no changes to the TEA rules, $500,000 investment amount or other EB-5 criteria. On April 27, 2015, Department of Homeland Security (DHS) Secretary Jeh Johnson...

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