President Biden’s Executive Order, “Restoring Faith in Our Legal Immigration Systems and Strengthening Integration and Inclusion Efforts for New Americans,” promotes the efficient and fair adjudication of immigration
Continue Reading Biden Executive Order Affirms Deference Policy Including EB-5 Cases
As previously blogged (see EB-5 Regulations Published for Public Inspection), the EB-5 regulations have been published as of July 24, 2019, as final, to take effect Nov. 21,
Continue Reading EB-5 Regulations Summary
Today, OMB posted that they have concluded their review of the Obama-era EB-5 regulations. On Jan. 13, 2017, the Department of Homeland Security published a notice of proposed rulemaking to
Continue Reading OMB Completes Review of Obama-Era EB-5 Regulations
At a recent EB-5 industry forum, Mr. Charles Oppenheim, Chief of the Department of State (DOS) Immigrant Visa Control & Reporting Division, provided key insights on what the latest data
Continue Reading Updates on EB-5 Visa Retrogression
On Oct. 30, 2018, USCIS issued an update to the USCIS Policy Manual clarifying the types of agreements that constitute an impermissible debt arrangement. USCIS revised Part G, Volume 6,
Continue Reading USCIS Updates Policy Manual Regarding Impermissible Debt Arrangements
Today, OMB published the bi-annual Unified Regulatory Agenda. This important transparency tool reflects agency rulemaking updates and plans for the immediate future. The updates are broad and encompass all areas
Continue Reading OMB Publishes Fall 2018 Unified Agenda with EB-5 Regulatory Updates
The EB-5 Program is a complicated decision that requires much thought, diligence, and preparation. In light of this, it is important for an investor to know their rights. With recent
Continue Reading Critical Things Every EB-5 Investor Should Know in Selecting an EB-5 Investment
In a welcome bit of news for the EB-5 industry, USCIS released updated processing times dated as of April 30, 2014 which show USCIS is processing I-924 applications in approximately 4.4 months. Earlier this year, the processing of I-924 applications was moved to the new Immigrant Investor Program Office (IIPO) in Washington D.C. The new EB-5 Program Director Nicholas Colucci oversaw this transition and, during the February 2014 USCIS EB-5 Public Engagement, expressed optimism that the move to the IIPO and ramp-up of new staff at the IIPO would lead to shorter processing times. This new announcement by USCIS appears to be the fruits of that labor by Mr. Colucci and the IIPO and is significantly less than the most recent processing time reports, which pegged the I-924 application processing time at approximately 12 months.
Continue Reading I-924 Processing Times Reduced to 4 Months
In 1998, the Administrative Appeals Office (“AAO”) issued a precedent decision known as Matter of Ho that set forth the requirements of an EB-5 compliant business plan. According to Matter
Continue Reading Elements of an EB-5 Compliant Business Plan