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Investors seeking U.S. permanent residency via the EB-5 process face increasingly extended delays due to extensive processing times for their immigrant petitions (Form I-526) by U.S. Citizenship & Immigration Services (USCIS). USCIS has alleged that it is within its discretion to further prolong Form I-526 processing times, which can currently be up to 68.5 months. A group of 22 EB-5 investors recently obtained an important victory from a U.S. federal […]
The Department of Homeland Security (DHS) has scheduled to publish new changes to the EB-5 program which are effective on November 21, 2019. Once effective, the new rules will change some key aspects of the EB-5 program and cause significant impact on both individual investors and the EB-5 industry. Any […]
By Gauri Bhatia, CNBC A popular, yet controversial U.S. immigration program that grants “visas to millionaires” is feeling the heat, weeks before it is up for renewal. On Sept. 30, the EB-5 Immigrant Investor Program – under which foreigners have invested billions of dollars in the U.S. to obtain permanent […]
Since 2015, the EB-5 industry has been caught in limbo in anticipation of new legislation and USCIS regulations that will revamp the EB-5 immigrant investor program. These lingering proposed changes are still not final, not to mention agreed upon amongst government officials. While the government continues to drag its feet, […]
