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EB-5 Insights Where Government Policies and Business Realities Converge

Monthly Archives: March 2018

Posted in Department of State, EB-5, EB-5 Processing Times, Green Cards, Vietnamese

As you may know, the EB-5 immigrant visa category is expected to retrogress for Vietnam this year.  Below is a guide to frequently asked questions pertaining to the announcement of retrogression. 1. Is there a mechanism by which my child or children may continue to be eligible for immigrant visas as my dependents based on… Continue Reading

Posted in Department of State, EB-5, Retrogression, Vietnamese, Visa Bulletin

Each month, the Department of State (DOS) issues a visa bulletin which contains information regarding the availability of immigrant visas. The availability of immigrant visas is subject to numerical caps imposed by Congress, which limit how many foreign nationals may obtain immigrant visas each year. In the employment-based green card category Congress allots 140,000 immigrant… Continue Reading

Posted in EB-5, EB-5 Program, Omnibus Appropriations Act

Today, President Trump signed the Omnibus Appropriations Act for Fiscal Year 2018, that includes an extension of the EB-5 program until Sept. 30, 2018, along with the Conrad 30 program for foreign doctors and the Special Immigrant Religious Workers program.  The bill also includes a 3-year reauthorization of the E-Verify program (Sept. 30, 2020). Today’s… Continue Reading

Posted in Department of State, EB-5, Immigration

The Department of State (DOS) has informed EB-5 stakeholders that retrogression of the EB-5 category in the chargeability area including Vietnam, is imminent; however, DOS is unable to provide specific dates of which priority dates will retrogress at this time, though it did clarify that this is not going to occur in April 2018. As… Continue Reading

Posted in EB-5

On March 21, Congressional leaders released a 2232 page, $1.3 trillion dollar Omnibus Appropriation for Fiscal Year 2018 with language extending the EB-5 program until Sept. 30, 2018. SEC. 204. Section 610(b) of the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1993 (8 U.S.C. 1153 note) shall be applied… Continue Reading

Posted in Green Cards, USCIS

On March 14, USCIS released an Inspector General’s report on Green Card Processing Times.   The report found that green card processing times exceeded the existing 120-day goal by taking an average of 282 days to complete. The report identified processing times are greatly affected by interviews and vetting occurring at USCIS. The report made two… Continue Reading

Posted in Events, Immigration

GT hosted a Washington, D.C. reception of the National Immigration Forum (NIF) on “What Drives The Immigration Debate: A Conversation.” Welcoming remarks were made by Eddie Aldrete, Senior Vice President, IBC Bank, and Board Chair of the National Immigration Forum that recognized Laura Reiff, immediate past Chairman of the NIF, for her former and continued… Continue Reading