Alerts

EB-5 Alert – USCIS Processing Change

By |2020-01-30T03:15:17+00:00January 30th, 2020|Alerts|

EB-5 Alert New EB-5 Processing Plan Announced -- FIFO to FIVA January 29, 2020 USCIS stated in an announcement this morning that starting March 31, 2020, USCIS will "prioritize" petitions filed by investors from non-backlogged countries. Rather than processing cases "first in first out," it will focus on "visa availability," going from FIFO to FIVA. This [...]

Comprehensive EB-5 Bill Drops

By |2019-11-07T05:25:02+00:00November 7th, 2019|Alerts|

Senator Mike Rounds (R-ND), Chairman Lindsey Graham (R-SC) and Senator John Cornyn (R-Tx) introduced a comprehensive EB-5 bill on 11/5/2019 marked S. 2778 and called “Immigrant Investor Program Reform Act.” Many of the elements, for example the bill’s integrity measures, are refined versions from prior legislative efforts. Some are notably new.  The bill calls for [...]

EB-5 Alert – H.R. 1044 Passes in the House – EB-5 Implications

By |2019-07-11T01:15:47+00:00July 11th, 2019|Alerts, Uncategorized|

EB-5 Alert July 10, 2019 The House Passes H.R. 1044 to Remove the Per Country Caps Today, the U.S. House of Representatives passed the Fairness for High-Skilled Immigrants Act of 2019 (H.R. 1044). The vote was 365 in favor and 65 against. The bill, if enacted, would remove the 7% per country cap on employment-based visas, including [...]

EB-5 Alert: Latest EB-5 Visa Projections

By |2019-05-08T00:36:44+00:00May 7th, 2019|Alerts|

It's the longest wait estimate yet for Chinese nationals, exceeding 16 years. Indian nationals' wait time also lengthened to over 8 years for cases filing today. That's the bad news. The good news: beyond the top 6 usage countries, there is no backlog predicted for EB-5 investors from rest of world (ROW). Special thanks to [...]