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

5 reasons why Indian EB-5 investors need to invest quickly

Indian investors have been taking advantage of this program for years, with a steady increase in EB-5 applications in the past 12 months.   By...

I-829 Approval for USIF EB-5 Investors in 101 Murray, New York City

U.S. Immigration Fund (USIF) is pleased to announce that United States Citizenship Immigration Services (USCIS) has now issued multiple I-829 approvals for its EB-5 project,...

Tax Increase to Affect Indian EB-5 Investors

The Indian Central Bank recently introduced an increase of its transfer tax, presenting new regulations that will require an upfront 20% Tax Collected at Source...

March 2023 Visa Bulletin Brings Retrogression

Washington, DC, February 15, 2023: The US Department of State released the March Visa Bulletin today. All employment based preference categories for Indian born applicants...

USCIS Seeks to Increase EB-5 Fees

On January 3, 2023, the United States Citizenship and Immigration Services (USCIS) published a proposed rule to adjust certain immigration and naturalization filing fees. If...

Residency through an EB-5 Investment Visa can provide access to lower in-state tuition and higher acceptance rates.

Did you know residency through an EB-5 Investment Visa can provide access to lower in-state tuition and higher acceptance rates?

December EB-5 Visa Bulletin

This month, USCIS will continue to accept adjustment of status applications based on the monthly Visa Bulletin’s Dates for Filing Chart, rather than the Final Action Dates...
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November 2022 Visa Bulletin: Final Action Dates

This month, USCIS will continue to accept adjustment of status applications based on the monthly Visa Bulletin’s Dates for Filing Chart, rather than the Final...

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

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