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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

May 2021 Visa Bulletin: Final Action Dates

The Eb-5 Visa Bulletin for May 2021 has been released by the U.S. Department of State- Bureau of Consular Affairs. FINAL ACTION DATES The Final...

April 2021 EB-5 Visa Bulletin Released

The EB-5 Visa Bulletin for April 2021 has been released for Mainland China, Vietnam and the rest of the world. As of April, Vietnam’s action...
EB-5 I-956

EB-5 Visas and President Biden’s Immigration Plan

Key provisions regarding the EB-5 Program were included in President Biden’s reform bill, the U.S. Citizenship Act of 2021, which was released to the public...

The Future of the EB-5 Program

The EB-5 Regional Center Program was renewed until June 30, 2021 a part of the continuing legislation passed by Congress and approved by the former...

Nick Holmstén former Head of Music for Spotify Explains His Next Steps Including the Launch of ‘TSX Entertainment’ Company

Over a year after leaving his position as the global head of music for Spotify the executive is teaming with Fortress Investment Group to launch...

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...

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

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