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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

U.S. Immigration Fund Announces I-924 Project Approval and I-526 Approvals for EB-5 Project 1568 Broadway

US Immigration Fund (USIF) has announced the much anticipated I-924 project approval of the distinguished 1568 Broadway project in New York City as well as...

WEHO Hollywood EDITION Residences Attracting Young Billionaires

With mansions and locations like Bel Air losing luster to an even hotter market – the young and rich are lured to “mansions in the...

Brooklyn Public Library ‘One Clinton’ Construction on Track in Brooklyn Heights

U.S. Immigration Fund’s EB-5 project located at 280 Cadman Plaza West in Brooklyn Heights continues to rise as scheduled. Referred to as One Clinton, the...

Inside the Park Terrace Hotel in Bryant Park: Business Insider’s Review

Located in Bryant Park and central to nearly everything New York City has to offer the Park Terrace Hotel gives tourists a new boutique four-star...

TSX Broadway: Design includes Outdoor Stage and Ball Drop Suites

Aiming to provide the ultimate New Years Eve viewing experience in Times Square, new renderings of USIF’s TSX Broadway project include images of raising the...
111 Murray

Public Park Plaza at 111 Murray is Open

The public plaza at the entrance of 111 Murray is now open to the public to enjoy. Complete with open and movable seating, the venue...

Temporary Suspension of Immigration to the United States: Executive Order Signed by President

Washington, D.C. April 24:  President Trump signed an Executive Order (the “Proclamation”) on Thursday which temporarily suspends immigration to the United states effective for 60...
New York City EB-5 USIF

I-829 Approval for 855 Avenue of the Americas in Manhattan

U.S. Immigration Fund is proud to announce that United States Citizenship Immigration Services (USCIS) issued I-829 approvals for EB-5 project 855 Avenue of the Americas....

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

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