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Category Archives: Regional Center Pilot Program

EB-5 Legislative Update

Maria del Carmen Ramos

Maria del Carmen Ramos

Earlier this year, bipartisan legislation was introduced that would permanently authorize the EB-5 Immigrant Investor Pilot Program. Rather than pass the legislation, the U.S. House of Representatives passed a Continuing Resolution that included a provision to the extend the EB-5 program “as is” through December 11, 2015. (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…)

Come on, Nightline?!

Maria del Carmen Ramos

Maria del Carmen Ramos

If it’s not bad news, it won’t get good ratings?  When Nightline recently reported on the EB-5 program, “Whistleblowers:  US gave visas to suspected Forgers, Fraudsters, Criminals,” alleging that it is prone to fraud, they were looking for good ratings.  Why not report on what the EB-5 program does for the U.S. economy?  Why not report about foreign nationals bringing large amounts of money to the U.S. to invest in businesses with the requirement that they create full time jobs for TEN U.S. WORKERS? (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…)

Bipartisan Legislation Seeks to Make the EB-5 Program Permanent

Maria del Carmen Ramos

Maria del Carmen Ramos

Bipartisan legislation? Does such a thing exist anymore? Well, on January 28, 2015, Congressmen Jared Polis (D-CO) and Mark Amodei (R-NV) introduced The American Entrepreneurship & Investment Act of 2015 in an effort to permanently authorize the EB-5 Immigrant Investor visa program, which is now set to expire on September 30, 2015. (more…)