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Category Archives: Form I-526, Immigrant Petition by Alien Entrepreneur

Current Administration Proposes Significant Changes to EB-5 Program

 

Ramos_Maria

Maria del Carmen Ramos

Yesterday, the Obama administration announced potential changes that could significantly impact the EB-5 investor visa program.  The EB-5 investor visa was originally established by Congress in 1990 to attract foreign investment and stimulate the economy in hopes of spurring job creation in the United States. (more…)

EB-5 Regional Center Annual Reports are Due by December 29, 2015

Maria del Carmen Ramos

Maria del Carmen Ramos

During its most recent stakeholders teleconference, U.S. Citizenship & Immigration Services (USCIS) reminded participants that regional center reports for 2015 Fiscal Year were due on October 1, 2015, and must be filed by no later than December 29, 2015. USCIS recommended that regional centers complete all fields on Form I-924A, and timely file the required reports. (more…)

EB-5 Retrogresses By Two Years in May 2015 for Nationals of China

Mechelle Zarou

Mechelle Zarou

The Department of State has released its Visa Bulletin for May 2015 and, as predicted back in October 2014 by Chief of the Visa Control and Reporting Division, Charles Oppenheim, the EB-5 category will retrogress for nationals of China.  The cut-off for processing will be May 1, 2013.  The cut-off date for a foreign national is established by the filing date of the I-526 Immigrant Petition by Alien Entrepreneur and is shown on the receipt notice in the “Priority Date” box.  As such, Chinese nationals who wish to adjust their status to legal permanent resident in May 2015 must have a priority date of May 1, 2013 or earlier. (more…)

USCIS Updates EB-5 Processing Time Information

Mechelle Zarou

Mechelle Zarou

On February 11, 2015, U.S. Immigration & Citizenship Services released an updated EB-5 Processing Report reflecting average processing times for the Immigrant Investor Program Office as of December 31, 2014.  (more…)

EB-5 Public Engagement Update

Maria del Carmen Ramos

Maria del Carmen Ramos

On December 5, 2014, U.S. Citizenship and Immigration Services (USCIS) held a stakeholder conference call to update individuals interested in the Immigrant Investor Program (commonly referred to as the EB-5 Program). (more…)