13 February 2018
With the elevated uncertainty in the MENA, United States Citizenship and Immigration Services (USCIS) report for Immigrant Visas Issued and Adjustments of Status for fiscal Year is reporting an increasing interest in immigration to the US through the EB-5 program. The report reveals some outstanding shifts taking place in the EB-5 market.
8 February 2018
On Tuesday February 6th 2018, by a vote of 245-182, the House approved its version of the fifth Continuing Resolution (5th CR), funding government operations and extending government programs, such as EB-5 program, until March 23 2018 . The bill now proceeds to the Senate for further consideration.
4 February 2018
EB-5 immigrant investor program is a United States immigration program that offers citizens of other countries the opportunity to seek permanent U.S. residency through job creation in the U.S. For investments in areas other than 'targeted employment areas,' the minimum amount of investment is US$1 million. Investments in 'targeted employment areas,' which include most regional center projects, can qualify with a minimum of US$500,000.
31 January 2018
The updated information doesn’t have any specific affects pertaining to the EB-5 visa program, unless the applicant is from the countries of Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen . However, the travel ban’s increased scrutiny on foreign nationals still remains. EB-5 applicants can still expect further questioning and may also need to hand over their social media account information before given the chance of approval for their EB-5 visa.
23 January 2018
By a vote of 266-150 on January 22th 2018 (three days after the previous extension deadline of midnight on January 19th ), the House passed the Senate amendment, extending Continuing Appropriations for government services and programs to February 8th 2018. The bill now goes to the president who is expected to sign it into law.
18 January 2018
The (EB-5) Regional Center Program is set to expire on January 19, 2018. There has recently been proposed legislation to extend the EB-5 Program to February 16th 2018 . We will provide an update as soon as the CR has passed and been signed.
24 December 2017
We are pleased to announce that the (EB-5) Immigrant Investor Program has been extended, albeit for just a short time, to January 19, 2018 , with the minimum required investment amount remaining at $500,000. Both the House and Senate passed a stopgap spending bill which will avert a government shutdown through January 19, 2018.
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