Covid-19 is negatively impacting people’s lives and the economy, Unfortunately, it also seems to be reducing the number of jobs created by EB-5 projects. If the 10 jobs the investor supposed to create were lost because of this, would that cause a denial in the I-829 removal of conditions stage, any regulations about unexpected events like this?
Answers
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyIf you are already at the I-829 stage you would expect jobs to have been created, we are hopeful that USCIS will treat this as an extraordinary circumstance and provide some flexibility. So far we are seeing a good response from USCIS in some other areas.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyNone yet, but we can hope the government will do something intelligent.
A Olusanjo Omoniyi
Find an EB-5 Visa Lawyer: Immigration AttorneyCOVID-19 can definitely affect the entire EB-5 project and not just the I-829 application. It is simply impossible to predict the effects on the economy in general as everyone who operates should be on the lookout for all the news on COVID-19.
Mark AM Catam, Esq
Find an EB-5 Visa Lawyer: Immigration AttorneyUSCIS has not yet released any guidance on this matter.
Robert West
Find an EB-5 Visa Lawyer: Immigration AttorneyIt is too early to tell what will happen and how that will impact EB-5 cases. Speak to your lawyer. She or he should have more information for you when it becomes available.
DISCLAIMER: the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal, immigration, and financial experts prior to participating in the EB-5 program. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public: do not include confidential information in your question.