EB-5 State of Play: Remain Seated with Seatbelts Fastened By Carolyn Lee I have always said you need a strong stomach for EB-5. Even those blessed with bellies of steel are reaching for their bedside Pepto these past weeks. Stocking up seems the best advice for the near future and here’s why. Backdrop. [...]
The Form I-956F, Application for Approval of an Investment in a Commercial Enterprise (formerly known as “exemplar”) is a required filing for regional centers before investors can file their EB-5 petitions. The Form I-956G, Regional Center Annual Statement, supersedes the prior Form I-924A. We’ll touch on these developments during the IIUSA Informational Webinar on [...]
WEDNESDAY | JUNE 8, 2022 | 12:00 PM EDT IIUSA invites members and other EB-5 stakeholders to learn about the Form I-956 -- its context within RIA and practical tips for completing. We will also briefly look ahead at other Forms I-956 to come, including the Form I-956F for mandatory exemplar applications [...]
USICS's New EB-5 RIA Implementation Announcement & Listening Session By Carolyn Lee On April 29, 2022, USCIS published EB-5 Questions and Answers (Q&A) answering some of the pressing questions on EB-5 Reform and Integrity Act interpretations, including regional center re-designations and investor petitions associated with regional centers, both pre- and post-RIA. Previously, USCIS [...]
USCIS Listening Session on the EB-5 Reform and Integrity Act of 2022 Friday, April 29, 2022 | 2-3:30 p.m. Eastern USCIS has announced a listening session on the EB-5 Reform and Integrity Act of 2022. Please see their announcement below for more details: "U.S. Citizenship and Immigration Services (USCIS) invites you to [...]
EB-5 REGIONAL CENTER ALERT April 12, 2022 USCIS ANNOUNCES THAT EXISTING REGIONAL CENTERS MUST SEEK RE-DESIGNATION UNDER EB-5 RIA USCIS posted on its website that “regional centers previously designated . . . are no longer authorized.” USCIS further advised: “The EB-5 Reform and Integrity Act of 2022 requires that all entities seeking [...]
The EB-5 Immigrant Investor Visa - New Process and Benefits for Investors Under the EB-5 Reform and Integrity Act of 2022 ("RIA") By Carolyn Lee The EB-5 Reform and Integrity Act of 2022 (“RIA”), enacted on March 15, 2022, brought a wave of changes to the EB-5 visa program. This memo explains the [...]
EB-5 REFORM AND INTEGRITY ACT OF 2022-FAQS Check out Carolyn Lee's EB-5 Reform and Integrity Act FAQs posted on the IIUSA website. Also listed below: QUESTION # 1: What are the major impacts of the EB-5 Reform and Integrity Act of 2022 (“RIA”) to existing investors (those who are waiting for their immigrant visas [...]
Congress Passes 5-Year EB-5 Program Reauthorization By Carolyn Lee Seven years in the making, the U.S. Congress passed the 2022 appropriations bill (the “Omnibus” or “Omni”) containing the EB-5 Reform and Integrity Act of 2022. The new EB-5 law extends the EB-5 regional center program for 5 years to September 30, 2027. [...]
EB-5 Regional Center Program in Lapse The Way Forward in 2022 By Carolyn Lee As we sit through the 8th month of the regional center program lapse that began June 30, 2021, how do we make sense of what is occurring, or more pointedly, what is not occurring? What is the path forward [...]
