As we have been reporting, the EB-5 Regional Center Program remains in a period of lapse since June 30, 2021, requiring Congressional authorization via legislation. This legislation is required so that (1) new I-526 Petitions can be filed with USCIS by new investors, (2) USCIS can continue to process pending I-526 Petitions and I-485 Applications by existing investors, and (3) the State Department can issue immigrant visas to EB-5 investors waiting outside the United States to immigrate based on their approved Regional Center I-526 Petitions. It is anticipated that Congress may pass another short-term continuing resolution on or before Feb. 18, 2022, through March 11, 2022. It is not anticipated that an EB-5 extension legislation will be attached to the short-term Continuing Resolution. It will be important for Congress to take action on or before March 11, 2022, to reauthorize the Regional Center Program.

Stakeholders who wish to reauthorize the EB-5 Regional Center Program should contact their legislators. The American Immigration Lawyers Association (AILA) and its Advocacy Action Center, Stakeholders of the EB-5 Regional Center Program, have also created a short form to easily email or write to legislators for this purpose.

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Photo of Jennifer Hermansky Jennifer Hermansky

Jennifer Hermansky focuses her immigration practice on employment-based immigration. Jennifer has experience serving health care, pharmaceutical and real estate industries, as well as entrepreneurs, scientists and researchers in scientific communities for a wide range of temporary visa options and permanent residence solutions.

Photo of Dillon Colucci Dillon Colucci

Dillon R. Colucci practices and handles U.S. immigration concerns and helps individuals, families, professionals, skilled workers, investors, and businesses live, work, invest, and do business in the United States. Dillon handles a wide range of immigration matters, including nonimmigrant and immigrant employment-based cases.…

Dillon R. Colucci practices and handles U.S. immigration concerns and helps individuals, families, professionals, skilled workers, investors, and businesses live, work, invest, and do business in the United States. Dillon handles a wide range of immigration matters, including nonimmigrant and immigrant employment-based cases.

Dillon provides business immigration counsel to clients, including HR managers, high-level executives, and employees to pursue a positive immigration outcome for all stakeholders involved. Dillon has focused on administrative appeals work, successfully representing several clients in their appeals of adverse decisions. He also spends time on I-9 employment verification matters as well as H-1B and LCA compliance, including internal and external audits and reviews to minimize employer liability.

Additionally, Dillon focuses on EB-5 immigrant investor matters, regularly working with developers across a variety of industries, as well as private equity funds on developing new projects that qualify for EB-5 investments. This includes the creation of new Regional Centers, having projects adopted by existing Regional Centers or through pooled individual EB-5 petitions. Dillon also counsels foreign nationals on obtaining permanent residency through individual or Regional Center EB-5 investments.