LEGISLATIVE NEWS

EB-5 PROGRAM LEGISLATION UPDATES & RESOURCES

On March 15, 2022, President Biden signed a law that made favorable changes to the EB-5 program, authorized a new EB-5 Immigrant Investor Regional Center Program, and directed that certain “grandfathered” immigration benefits be processed.

On June 24, 2022, a Judge issued a preliminary injunction against USCIS which requires USCIS to allow all previously designated EB-5 regional centers to presently operate. This decisions allows for new EB-5 investors to now be able to file I-526 petitions with existing pre-authorized Regional Centers including U.S. Immigration Fund.

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What are the biggest changes to the EB-5 Program that I should know?

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The EB-5 program now consists of annual set-aside categories for certain projects including 20% for rural areas, 10% for investment in a high unemployment area, 2% for infrastructure projects.

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Any new EB-5 investors who selects a TEA or rural project after March 15th, 2022 will qualify for EB-5 visa set asides and faster visa processing.

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There are NO waiting lists for new EB-5 visas for any country within the set aside categories. New investors will receive priority processing with approvals possible in as little as 120 days.*

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Investors can concurrently file their I-485 Adjustment of Status and their EB-5 I-526 petitions allowing you to remain in the U.S. while awaiting their visa approval and in the meantime obtain a 2-year temporary work permit and temporary travel permit in approximately 6 months after submitting the application.

READ EB-5 LEGISLATION NEWS

EB-5 India

EB-5 Visas issued to Indians Quadruple over Two Years

According to the US Department of State, the number of Indian citizens who have been issued EB-5 visas has quadrupled since 2017. Indians were issued...
Eb-5 vietnam India numbers

EB-5 Usage Numbers Indicate Delayed Waiting List for Indian Investors

The most recent visa numbers indicate a Vietnam EB-5 advance and a delayed Indian EB-5 waiting list. As I.A Donoso & Associates reports, “the EB-5...
280 Cadman BPL Brooklyn Public Library

280 Cadman Street, ‘One Clinton’ Tops Out

The Hudson Companies just announced the topping out of One Clinton in Brooklyn Heights. One Clinton is a U.S. Immigration Fund (USIF) EB-5 project. The...
125 greenwich street eb-5 visa

Bizzi and Partners Announce USIF Project, 125 Greenwich Topping Off

A version of this article was first published on Off The Mrkt This week, real estate firm, Bizzi & Partners announced that 125 Greenwich Street...
76 11 XI Eb-5 visa

The XI at 76 Eleventh Avenue Features Massive Retail Space on the High Line

A version of this article was first published on the New York Post The highly anticipated XI recently topped out earlier this month and has...

Vanity Fair Features 701 Times Square’s Premiere Party for The Edition Hotel

Vanity Fair recently featured an article discussing the newest Edition Hotel designed by Ian Schrager located in Times Square New York, at 701 Times Square...
I-526 & I-829 Processing Data

Overview: I-526 and I-829 Processing Data for FY2018 Q4

USCIS recently updated data for petitions processed in FY2018 Q4. These quarterly trends help investors understand the demand for EB-5 visas per country and ultimately...

*Based on USCIS data provided in The Reform and Integrity Act 

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