The employment-based, fifth preference (EB5) immigrant investor program was established to help stimulate the U.S. economy though job creation and capital investment by foreign investors. Under this program, a foreign national investor is eligible to apply for permanent residency if the person invests the requisite...
The U.S. Department of State (DOS) has released the April 2022 Visa Bulletin. The employment-based, second preference (EB2) category for foreign nationals born in India advances a bit, while the other categories largely remain unchanged. All cutoff dates listed refer to the dates in the...
Congress is poised to pass an omnibus spending bill that would include a provision to reauthorize the EB5 regional center program. Assuming the bill is signed into law, it would also make a number of important changes to the EB5 program. Overview of Proposed Changes In addition...
The U.S. Department of State (DOS) has released the February 2022 Visa Bulletin. The most notable movement is in the employment-based, second preference (EB2) category for foreign nationals born in India. All cutoff dates listed refer to the dates in the final action chart (i.e.,...
This morning, the U.S. Department of State (DOS) released the January 2022 Visa Bulletin. There is very little movement in January from the December 2021 visa bulletin. Visa Bulletin Summary Employment-Based, First Preference (EB1) Category The EB1 category remains current for all countries of chargeability. Employment-Based, Second Preference (EB2)...
Answer No, there have not been any recent changes. For now, we are still waiting to see what Congress will do regarding reauthorization of the EB5 regional center program. Congress passed a continuing resolution to keep the government funded through February 18, 2022. The hope is...
This morning, the U.S. Department of State (DOS) released the December 2021 Visa Bulletin. The most significant development is that the cutoff date for EB2 India moves past its EB3 counterpart in December. Visa Bulletin Summary Employment-Based, First Preference (EB1) Category The EB1 category remains current for all...
Answer It is very difficult to say what Congress will do; however, we are still hopeful that the regional center program will ultimately be renewed. Based on recent events, it seems the most likely time for this to happen would be in December, with the regional...
Answer For now, the USCIS will not adjudicate any I-485 applications filed based on an I-526 petition, where the investment was made in a regional center. Assuming Congress renews the program, the USCIS is expected to resume processing these I-485 applications.As for the EAD application (form...
Answer Assuming the business is located in a targeted employment area (TEA), it may be possible to invest $500,000 in this business and apply through the EB5 program. If multiple people invest in a business, the business must create ten new jobs per EB5 investor. So,...
