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, […]
As the EB-5 industry expected, the EB-5 category for Vietnamese nationals is no longer current for this fiscal year. However, we do expect the priority date for Vietnamese nationals to advance over time more quickly than we have seen for mainland born Chinese nationals.