The U.S. Department of State (DOS) has released the monthly Visa Bulletin for October 2022 — the first month of Fiscal Year 2023. A review of the Visa Bulletin shows that the Employment Based 5th (EB-5) visa category for nationals of Mainland China has retrogressed, with cutoff date moving from Dec. 22, 2015 to March
On March 11, 2022, Congress passed the “EB-5 Reform and Integrity Act” as part of the Omnibus spending bill. See blog post here. On April 11, 2022, USCIS posted an interpretation of the legislation that would nullify all 600-plus designated regional centers and require all entities to be re-designated in order to be authorized
On Thursday, Feb. 17 at 10 a.m. EST, please join Kate Kalmykov and Jennifer Hermansky, shareholders in GT’s Immigration & Compliance Practice, as they present a webinar titled “New Issues in I-829 Adjudications: A Reexamination of Source of Funds Issues Post I-526 Approval.”
This webinar will cover the following topics:
As part of USCIS’ updated Redeployment guidance released July 24, USCIS released a Q&A. The Q&A confirms the guidance from July 24, including the more questionable aspects of USCIS’ policy update. Importantly, USCIS doubled down on the idea that it can apply the new redeployment guidance to pending I-526 petitions and I-829 petitions
Processing times for many EB-5 related petitions continue to vary. The updated processing times are as follow:
USCIS has released its third quarter performance data for the fiscal year 2016 (October through September), including performance data on I-526 Petitions and I-829 Petitions. USCIS reports generally provide summary data on the number of applications or petitions received, approved, denied and pending.
For the third quarter of 2016 (April through June), USCIS approved 1,660