RSS EB-5 Program – EB-5 Insights

  • Hong Kong Executive Order – July 14, 2020 July 22, 2020
    On July 14, 2020, President Trump issued an Executive Order regarding Hong Kong’s preferential immigrant visa chargeability. EB-5 investors who were born in Hong Kong will see their visa availability retrogress from current (C) to a backlog priority date of July 2015. Previously, investors born in Hong Kong were not subject to the mainland China... […]
  • Update – Processing Times for EB-5 Related Petitions June 22, 2020
    Processing times for many EB-5 related petitions continue to vary. The updated processing times are as follow: Form I-526: Immigrant Petition by Alien Entrepreneur –  29.5 to 61 months Form I-829: Petition by Entrepreneur to Remove Conditions – 25.5 to 47.5 months Form I-485: Application to Register Permanent Residence or Adjust Status California Service Center... […]
  • Important Update on Visa Rescheduling Due to the Coronavirus January 29, 2020
    Due to the coronavirus outbreak throughout China, a number of heavily infected Chinese cities, including Wuhan, are under quarantine, whereas many other parts of China have imposed certain types of travel restrictions in an attempt to limit the spread of the virus. On Jan. 28, 2020, the U.S. Consulate General of Hong Kong & Macau announced that... […]
  • EB-5 Final Rule Challenged in U.S. Federal District Court November 27, 2019
    On Nov. 26, 2019, a complaint for Injunctive Relief and a Temporary Restraining Order was filed by Florida EB-5 Investments, LLC against the Department of Homeland Security (DHS) challenging a Nov. 21, 2019, DHS-issued final rule amending its regulations for the EB-5 program to purportedly modernize the rules (EB–5 Immigrant Investor Program Modernization, 84 Fed.... […]
  • EB-5 Update – New Regulations to Take Effect and Regional Center Program to be Extended Through Dec. 20, 2019  November 21, 2019
    The EB-5 Regional Center Program was set to expire on Nov. 21, 2019. On Nov. 18, Congress introduced a Continuing Resolution (CR) to fund the government and extend vital programs such as EB-5 through Dec. 20, 2019. Leaders hope to use the additional time to extend current operations and complete fiscal matters and other priorities before... […]
  • House Passes Continuing Resolution to Fund Government, Including Vital Programs Such as EB-5 September 19, 2019
    Yesterday, House Majority Leader Steny Hoyer (D-MD) introduced a continuing resolution (CR) to fund government from end of the current fiscal year, Sept. 30, until Nov. 21, 2019. By a vote of 301-123, the House today passed H.R. 4378, the CR that will fund the government through Nov. 21. To EB-5 advocates, this timing is significant... […]
  • U.S. Senator Paul Seeks to Overturn Recent Obama-Era EB-5 Regulations August 30, 2019
    According to multiple media sources and independently confirmed, last week U.S. Senator Rand Paul (R-KY) circulated a “Dear Colleague” letter seeking co-sponsors to a process called the Congressional Review Act (CRA) to negate the recently proposed Obama-era EB-5 regulations. The CRA provides Congress with a 60-day window to seek sufficient support – here, 30 senators... […]
  • Greenberg Traurig’s Jennifer Hermansky Featured in Law360 Article on Rising EB-5 Compliance Checks August 8, 2019
    In a recent Law360 article, Jennifer Hermansky, shareholder in Greenberg Traurig’s Philadelphia office, provides insight on how attorneys can prepare clients for unannounced site visits and questions from the government given the U.S. Citizenship and Immigration Services’ recent efforts to step up compliance checks on the EB-5 investor visa program. She shares a few strategies... […]
  • EB-5 Regulations Summary July 25, 2019
    As previously blogged (see EB-5 Regulations Published for Public Inspection), the EB-5 regulations have been published as of July 24, 2019, as final, to take effect Nov. 21, 2019.  Below is a summary of the changes that will impact the EB-5 program: Priority Date Retention: Generally, priority date retention can be retained from an approved I-526 petition... […]
  • New EB-5 Regulations: Winners and Losers July 24, 2019
    After years of delay the Obama-era EB-5 immigration regulations were published on July 24, 2019. You can find a copy of the regulations at this link. You can also find a summary of them here. The regulations only apply to those who file their I-526 Petitions on or after Nov. 21, 2019. Without further ado,... […]

RSS EB-5 – Alcorn Immigration Law – A Silicon Valley Immigration Firm

  • EB-5 Extended into 2018 December 23, 2017
    President Trump and Congress gave foreign investors an early holiday gift. For the third time this year, Trump and Congress extended the EB-5 Regional Center visa program without any changes—this time until January 19, 2018. Legislation to extend the federal budget for government programs and services through that date included extending EB-5 as is. Under…The […]
  • EB-5 Extended Unchanged, But Changes May Not Be Far Away September 15, 2017
    President Trump and Congress have extended the EB-5 Regional Center visa program through December 8, 2017, without any changes. Legislation hammered out by Trump and Congressional leaders to provide disaster relief, suspend the U.S. debt ceiling, and extend government funding included extending EB-5. Under the EB-5 program, a foreign national and her or his family…The […]
  • Latest on the EB-5 Immigrant Investor Program August 1, 2017
    The EB-5 immigrant investor program has been under the microscope due to a surge in demand and controversy, including an incident involving the family business of President Trump’s son-in-law. Still, the EB-5 green card program offers you a relatively quick path to permanent residence in the U.S. Individuals from China face a longer wait due…The […]
  • News Flash: Sophie Alcorn Discusses EB-5 Program on Mathrubhumi News December 23, 2016
    Sophie Alcorn was interviewed on Mathrubhumi News in Cochin, India, regarding opportunities for Indian investors to obtain U.S. green cards through the EB-5 program. The piece is in the Malayalam language and also features journalist Abhilash Gopinath and Indian Supreme Court attorney Mr. Satish Murthi. The EB-5 program has allowed individuals who invest $1 million…The […]
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