In response to a Freedom of Information Act request the American Immigrant Investor Alliance (AIIA) filed, USCIS released updated statistics on I-526 and I-526E petition receipts. This data provides insights into the demand for EB-5 visas across different targeted employment area (TEA) categories and countries of chargeability for visa backlog prediction purposes, covering the
The Trump administration issued several executive orders (EOs) in the first week following the inauguration. Many of the EOs for immigration focus on enhancing security measures relating to foreign nationals, including scrutiny of nonimmigrant and immigrant visa applications and enhanced background checks for foreign nationals. At present, no EOs specifically relate to the EB-5 Immigrant Investor Program
Please join Kate Kalmykov, co-chair of GT’s Global Immigration & Compliance Practice, for an upcoming webinar Feb. 7, 2024, at 2 p.m. EST.
Kate will be joined by immigration attorney Rohit Kapuria and EB5AN managing partners Sam Silverman and Mike Schoenfeld, who will discuss best practices for making a partial EB-5 investment of
Please join Greenberg Traurig attorneys Jennifer Hermansky, Natalie Gorelishvili, and Luna Ma on Jan. 30, 2024, for a discussion on strategies for preparing the EB-5 source of funds for new I-526E cases and for responding to challenging requests for evidence on the source and path of funds. Additionally, the team will talk
The United States Citizenship and Immigration Services (USCIS) has published EB-5 program data for the second fiscal quarter of 2023. The statistics released reveal some jarring findings, particularly in regard to I-526 petitions, which show high rates of denial.
Continue Reading Why EB-5 Data Shows I-526 Petitions Have Elevated Denials
The GT EB-5 team recently filed a Form I-485, Application for Adjustment of Status for clients currently in the United States in F-status and with a pending Form I-526 pursuant to the concurrent filing rules introduced in the Reform and Integrity Act of 2022. The I-485 applications were approved in only two months, much faster
On July 18, 2023, United States Citizenship and Immigration (USCIS) announced an update to the visa availability approach to managing the inventory of Form I-526, Immigrant Petition by Alien Investor, as part of an effort to improve efficiency in the processing of these petitions. The announcement comes as USCIS has been under scrutiny regarding the
On April 25, 2023, U.S. Citizenship and Immigration Services (USCIS) hosted a stakeholder engagement webinar regarding the Immigrant Investor Program (EB-5), during which they discussed regulations being drafted to comply with the EB-5 Reform and Integrity Act (RIA). USCIS planned three discussion topics for the call, including the “winding up” of regional centers no longer
The EB-5 program allows foreign investors to obtain a green card for themselves and their immediate family members by investing in U.S.-based businesses.
Continue Reading EB-5 Financing Accounts for Over $780,000,000 in Past 6 Months
USCIS issued a notification on March 1, 2023, that it was implementing the statutorily required annual fee to fund the “EB-5 Integrity Fund.” The “EB-5 Integrity Fund” was authorized in the EB-5 Reform and Integrity Act of 2022 (RIA), and it requires USCIS to collect an annual fee of $10,000 or $20,000 from each designated