EB-5 Popularity Increasing

An article from Miami Today reports how the EB5 visa program is becoming increasingly popular. USCIS reports an impressive 2,608 petitions were filed during the first three quarters of fiscal 2011, including one for the Coral Gables retail complex in Florida. 2,608 petitions this year seek foreign investment via EB-5 visas As developer Jeff Berkowitz awaits permits [...]

LA Times Assesses EB-5 Visa Program

The Los Angeles Times discusses the EB-5 visa program from its inception in 1990 to present day.  Among the EB5 subjects discussed; the agency overhaul of the EB5 program and the Victorville Regional Center debacle. In U.S. visa program, money talks The little-known federal EB-5 visa program lets would-be immigrants invest their way into the [...]

EB5 Conversation with Director Mayorkas

USCIS announces the upcoming event, “A Conversation with Director Mayorkas,” to discuss the latest EB-5 policy issues. USCIS Director Alejandro Mayorkas and other senior members of USCIS will be available to answer the public’s questions. USCIS Announces “A Conversation w/Director Mayorkas: EB5 Immigrant Investor Program”   Meeting Invitation A Conversation with Director Mayorkas: EB-5 Immigrant Investor Program [...]

Attorney Bernie Wolfsdorf Offers Critical EB-5 Updates in Article

Immigration Attorney, Bernie Wolfsdorf, the past President of the American Immigration Lawyers Association (AILA), shares the latest EB-5 visa developments as well as his own recommendations for the EB-5 community. New Developments and Hot Topics in the EB-5 Investor Green Card Arena by Bernie Wolfsdorf USCIS will introduce direct two-way email contact with immigration examiners beginning [...]

DHS Says EB-5 Enhancements to Begin in September

Last week, the U.S. Department of Homeland Security announced efforts to increase foreign investment in the U.S. through enhancements to the EB-5 intake and review process and other initiatives outlined in its most recent press release. Secretary Napolitano Announces Initiatives to Promote Startup Enterprises and Spur Job Creation WASHINGTON—Secretary of Homeland Security Janet Napolitano and [...]

USCIS to Make Obtaining U.S. Residency Easier

The Wall Street Journal reports that Alejandro Mayorkas, chief of U.S. Citizenship and Immigration Services, will today unveil plans that will make it easier for foreigners to obtain green cards or a work visa. Mayorkas is also expected to finalize enhancements to the EB-5 investor program. U.S. to Assist Immigrant Job Creators By Miriam Jordan In [...]

Appeal to Keep CA EB-5 Program is Denied

According to the Victorville Daily Press, USCIS has denied the town’s appeal to reconsider terminating their EB-5 program. The California Victorville Regional Center is subsequently no longer operating, following two notices from USCIS to terminate the program. The regional center has failed to return more than $9.5 million in loans to investors. Feds deny appeal [...]

Foreign Investor Funding Approved for Milwaukee Project

According to an article from the Journal Sentinal, USCIS has approved the first of 30 Chinese citizens who are each to provide equity capital funding for the development of a hotel and restaurant, formerly Pabst brewery, in Milwaukee, WI. Approval comes after more than 6 months of waiting and developers are optimistic that the other 29 [...]

USCIS Releases Materials Used to Train Officers in Adjudication of EB-5 Cases

USCIS has released nearly 500 pages of material used to train officers in the adjudication of EB-5 immigrant investor cases. This development comes in response to a recent Freedom of Information Act request. For the EB-5 community, the release of these documents is significant. Throughout the upcoming weeks, EB5info.com will obtain commentary on the documents [...]

USCIS Shuts Down Victorville Regional Center

From the Victorville Daily Press: Feds Kill Victorville’s Cash-for-Green Cards Program First time USCIS has halted an EB-5 regional center VICTORVILLE • The federal government has terminated Victorville’s foreign investor program, ending the city’s hopes to raise tens of millions of dollars for projects at Southern California Logistics Airport. It’s the first time U.S. Citizenship [...]

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