As of May 26, 2017, USCIS is processing Form I-924 applications filed on or before Sept. 16, 2015. This reflects a greater than 20-month processing time for Form I-924. This is most likely the longest processing time in the history of the Regional Center EB-5 Program, and is certainly the longest processing time USCIS has… Continue Reading
USCIS recently announced the release of a new edition of Form I-829, with the new edition dated April 21, 2017. Starting on July 24, 2017, USCIS will only accept the April 21, 2017, edition. Until then, investors can use the May 7, 2015 edition. Both editions of Form I-829 are available to download at no… Continue Reading
Kate Kalmykov participated in a press conference that discussed common issues facing nationals of China who apply for EB-5 visas. Specifically, she discussed how the current visa backlog may affect EB-5 visa applications moving forward and the legislative outlook for 2017.
For the third year in a row, Greenberg Traurig Attorneys Kate Kalmykov and Laura Reiff were honored to receive the “Summit Ambassador Award” awarded by Invest in America during the summit in Shanghai on May 6.
On May 6, 2017, Greenberg Traurig’s EB-5 team attended the 2017 Invest in America Summit events in Shanghai to kick off the largest U.S.-themed investment conference and exhibition in China. The Summit was held in four major Chinese cities: Shanghai, Shenzhen, Beijing, and Guangzhou. Invest in America welcomed U.S. investment projects, regional centers, real estate… Continue Reading
The Omnibus bill that will continue to fund the federal government until Sept. 30, 2017, was passed in both the House of Representatives and the Senate on May 4, 2017, and was signed by the president on May 5, 2017. Of note, the bill continues a provision that will extend the EB-5 Regional Center Program as-is… Continue Reading
Congress is poised to extend the EB-5 Regional Center Program through Sept. 30, 2017, without any changes. The House Appropriations Committee submitted a proposal on Continuing Appropriations in the early morning of May 1, 2017. We expect the Omnibus Appropriation bill to proceed to House Rules Tuesday, May 2, with a vote on the House floor… Continue Reading
A Continuing Resolution (CR) has been filed as of last night, April 26, 2017, to serve as a vehicle to extend government operations through May 5, 2017, thus preventing a government shutdown. The CR may be signed as early as tonight, subject to ongoing negotiations. If signed, it will extend the EB-5 program as-is until… Continue Reading
As April 28, 2017, approaches we are seeing the release of edits to proposed draft bills from the last session of Congress. Just today, Senator Patrick Leahy (D-VT) and Senator Charles Grassley (R-IA) circulated a staff draft very similar to what was circulated in December 2016. We do expect to see other drafts being circulated from… Continue Reading
USCIS recently announced the release of a new edition of Form I-526, with the new edition dated 04/10/2017. Starting on June 9, 2017, USCIS will only accept the 04/10/2017 edition. Until then, investors can use the 12/23/2016 edition. Both editions of Form I-526 are available to download at no cost on the USCIS website. Investors… Continue Reading
The Business Immigration & Compliance Practice of Greenberg Traurig, LLP is pleased to announce that Jennifer Hermansky has been elevated to shareholder in the Philadelphia office. Hermansky focuses her immigration practice on both employment-based and family-based immigration. Specifically, she focuses her practice on EB-5 immigrant investor visas. She has prepared and filed many immigrant investor… Continue Reading
Kate Kalmykov recently presented at the 2017 Invest in America Summit in Shenzhen, China. Kalmykov’s panel discussion “EB-5 Immigrant Investor Program Under New Immigration Policies” provided an overview of the basics of EB-5 and what to expect in the coming year.
Greenberg Traurig’s EB-5 team will sponsor and participate as an organizing committee member of the 2017 Invest in America Summit and Exhibition, the largest USA-themed investment conference and exhibition in China, with attorneys Kate Kalmykov and Laura Reiff as VIP speakers. The Summit will travel to four Chinese cities in 2017. Event dates and locations… Continue Reading
On March 3, 2017, the USCIS Immigrant Investor Program Office (IPO) held an EB-5 Stakeholder Engagement in which several important updates to the program were provided. “Unofficial” Statistics for Fiscal Year 2017 From October to December 2016, USCIS saw a surge in petition filings, likely due to an upcoming sunset in the EB-5 regional center… Continue Reading
On Jan. 24, 2017, Senators Grassley (R-IA) and Feinstein (D-CA), the Chair and Ranking Committee members of the Senate Judiciary Committee introduced bill S. 232 to terminate the EB-5 Visa Program and to reallocate the employment creation visas to the other employment-based visa classifications. The bill would eliminate both the direct and regional center program… Continue Reading
Greenberg Traurig’s EB-5 Team recently attended the EB-5 Investor Magazine Conference in Las Vegas, NV. The 2016 Las Vegas EB-5 Conference remains one of the largest EB-5 conferences, hosting hundreds of leaders and political figures in the EB-5 legislation field, as well as other professionals. Laura Reiff, along with U.S. House Representative Jared Polis and other panelists, discussed… Continue Reading
Greenberg Traurig attorney, Nataliya Rymer, was recently cited in the Notice of Proposed Rulemaking (NPRM) seeking to amend the current EB-5 regulations, which was published in the Federal Register pursuant to the Administrative Procedure Act. Rymer’s article U.S. Department of State Announces EB-5 Visas for China Unavailable Until October 1, 2014, which appeared in the National… Continue Reading
On January 13, 2017, the Department of Homeland Security (“DHS”) published a Notice of Proposed Rulemaking Making (“NPRM”) seeking to amend the current EB-5 regulations. As required by the Administrative Procedure Act, DHS has published the NPRM in the Federal Register for notice to the public and has given the public a three (3) month… Continue Reading
In much anticipated news for both the United States and Israeli companies and entrepreneurs, Israeli nationals will soon become eligible for the E-2 Treaty Investor visas. The Israeli authorities have announced that the procedures and rules for the B-5 investor visa for U.S. citizens are expected to be released in March 2017. One of the vital… Continue Reading
The Department of Homeland Security (DHS) has issued a notice of proposed rulemaking to be published on January 13, 2017 to amend the regulations in relation to the employment-based, fifth preference (EB-5) immigrant investor classification and associated regional centers. The purpose of the proposed amendments is to modernize the EB-5 program. DHS will accept comments… Continue Reading
On Jan. 9, the Office of Management and Budget (OMB) published a notice that, as of Jan. 6, it had completed its review a proposed rulemaking that the Department of Homeland Security (DHS) United States Citizenship and Immigration Services (USCIS) had drafted to make changes to the current regulations as they relate to the EB-5… Continue Reading
In this Law360 article, Greenberg Traurig Shareholder Laura Reiff discusses immigration legislation and regulations to watch in 2017. Reiff addresses the Legal Workforce Act, requiring employers to use E-Verify, the BRIDGE Act, and EB-5. To read the full article, click here.
On Dec. 20, 2016, the Department of Homeland Security (DHS) United States Citizenship and Immigration Services (USCIS) requested that the Office of Management and Budget (OMB) review a proposed rule making that would make changes to the current regulations as it relates to the EB-5 Immigrant Investor Program. The title of this rule is “Improvement… Continue Reading
在今年5月4日，美国国土安全部在联邦公报(Federal Register)上公布了拟定的新收费提案，征求公众意见。请查看我们之前的博客。该拟定的新收费提案于今年10月24日作为最终案通过，并将在本月(12月)晚些时候正式生效。 从今年12月23日起，递交给美国移民局的多项移民申请，非移民申请，身份调整申请和入籍申请的费用都会上涨。一些常见申请费上调项目请参见下表： 移民局的申请费用将平均上涨21％。然而，从上表可以看出，EB-5类别相关的申请费用上调最高，I-526和I-924的升幅都超过100％，并且推出了新的3,035美元的I-924A表格的申请费用。 EB-5区域中心需要每年提交一份I-924A表格（今年，2016年12月29日），或根据要求证明其继续资格指定，以前没有与此申报相关的费用。 美国移民局自2010年11月以来没有调整过申请费用表。由于移民局的运转的资金完全来源于申请费用，移民局强调费用上调是必要的，以用来支付日益增加的财政开支和人力成本，包括案件审核，欺诈检测，国家安全和客户服务相关的成本。我们希望，随着这些改进也将加快移民局的案件审理时间。 我们建议申请人提前将所有即将提交的文件提交给美国移民局;所有申请必须在2016年12月21日之前寄出，因为2016年12月22日是USCIS接受当前申请费的最后日期。自2016年12月23日起，移民局将拒绝那些没有提供上调后的申请费的申请。