The EB-5 visa program was designed to stimulate the U.S. economy and to encourage job creation in rural and low-employment areas. Although the program has been effective, a recent report from Breitbart News identifies several cases of fraud related to the EB-5 program. Reform has been elusive despite bipartisan efforts to reduce fraud. According to the news site VTDigger, Senators …
Proposed Legislation Would Increase EB-5 Visa Availability and Change Minimum Investment Requirements
A bill proposed by Sen. John Cornyn (R-Tex.) has been heralded by real estate experts and other industries that rely on EB-5 investors. If passed, the spouse and children of an EB-5 visa holder would no longer count toward the annual visa cap of 10,000, which would increase the number of investors who qualify for EB-5 visas. The bill also …
EB-5 Visa Program Extended through September Despite Calls for Reform
The EB-5 visa program allows foreign entrepreneurs and their families to become lawful permanent residents in the United States if they make a qualifying investment in a U.S. enterprise. On April 28, despite a flurry of proposals to reform the EB-5 program, Congress passed a stopgap funding bill that extended the program in its current form through September. As many …
What Are the Benefits of Investing in a Regional Center to Fulfill the Requirements of the EB-5 Visa? Atlanta Immigration Attorney Explains
The EB-5 Immigrant Investor Program gives foreign entrepreneurs the opportunity to become lawful permanent residents in the United States by making a qualifying investment. In order for an investment to qualify, it must be made in either a new commercial enterprise or a regional center. As U.S. Citizenship and Immigration Services explains, investing in a regional center offers a number …
What Happens When USCIS Breaks The Law?
Perhaps it has been too long since USCIS has truly been held accountable for its actions that it has become desensitized to the legal constraints under which it is permitted to operate. The USCIS is not given carte blanche to make whatever changes or interpretations it wants to long-standing immigration law, without first complying with the Administrative Procedure Act (”APA”). …