U.S. Citizenship and Immigration Services (USCIS) will publish a final rule on July 24 that makes a number of significant changes to its EB-5 Immigrant Investor Program, marking the first significant revision of the program’s regulations since 1993. The final rule will become effective on Nov. 21, 2019. Major changes to EB-5 in the final …
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The Troubling Trend of Long Delays in EB-5 Immigant Investor Application Process
Nearly all immigration applications before the USCIS are experiencing slow processing times. EB-5 immigrant investor petitions are no different. In fact, since May of this year, the estimated processing time of EB-5 I-526 petitions has spiked to its highest yet: 45.5 months. Even though thee Immigrant Investor Program Office (IPO) announced that the backlog of …
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How Does the Partial Government Shutdown Affect the EB-5 Immigrant Visa Program?
At this time, we are entering the fourth week of the partial government shutdown. Most immigration programs remain unaffected by the shutdown, except the EB-5 Regional Center program. To explain, there are two ways to invest and qualify for the EB-5 immigrant visa. An investor can start or buy a commerical enterprise and directly manage …
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