The EB-5 Immigrant Investor Program has gained significant attention from individuals holding H-1B and F-1 visas in the US. These visa holders, who seek pathways to permanent residency and greater flexibility in their lives, are increasingly turning to the EB-5 program as a viable option. The increase in interest stems from concurrent filing, which locks...
Rakesh Patel
The EB-5 Immigrant Investor Program is one of the fastest ways to obtain permanent residency in the United States. An integral part of the process is the requirement to demonstrate the lawful source and path of funds used for the investment. While proving the source of funds may seem daunting at first glance, it is...
Understanding the complex and dynamic EB-5 process requires an understanding of the key players involved. From immigration attorneys navigating legal complexities to securities attorneys who structure investment projects and economists evaluating the economic impact of proposed projects, each player plays a crucial part in helping investors obtain a green card through the EB-5 Immigrant Investor...
Legal Precedent: Zhang v. USCIS (2020) Traditionally, USCIS has treated unsecured loans as unviable sources of EB-5 funds. The U.S. Court of Appeals for the D.C. Circuit, however, changed the landscape of the EB-5 program in 2020 when it concluded in Zhang v. USCIS, 978 F. 3d 1314, 1319-22 (D.C. Cir. 2020) that loan proceeds...
In 1990, Congress created the EB-5 visa program. It aims to encourage foreign investors to create jobs and invest in the U.S. economy. United States Citizenship and Immigration Services (USCIS) administers the EB-5 program. It lets foreign investors get U.S. permanent residency as green card holders. Their spouses and unmarried children under 21 can also...
Oct232023
Recently, the EB-5 program has experienced a remarkable resurgence, capturing the attention of investors, developers, and immigration practitioners alike. The question that arises is, “What has led to this revitalization?” Within this article, we will discuss the three main factors that have caused EB-5 to return to the spotlight. EB-5 Reform and Integrity Act of...
Late last evening, the US Congress reauthorized the EB-5 Regional Center Program by a vote of 68-31. This is great news for current EB-5 Regional Center investors and those who are looking to utilize the EB-5 Regional Center program moving forward. As a part of the reauthorization, it is expected that USCIS will immediately start...
As many of you have probably seen, according to the February 2020 Visa Bulletin by the Department of State, the priority date for India for EB-5 category visas for regional centers is now September 1, 2018 (February 2020 Visa Bulletin). While this is great for Indian born applicants that have either now become current or...