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Great news for Chinese Nationals as the Department of State’s Visa Office updated visa usage for 2013. Charles Oppenheim, head of the DOS, no longer expects a “cut off” date to be instituted for Chinese EB-5 applicants.
USCIS has issued a memo that provides guidance when it comes to the use of the tenant-occupancy methodology for meeting EB-5 job creation requirements.
An EB-5 Stakeholders Meeting has been scheduled by CIS Ombudsman Maria Odom in Washington, D.C. on March 5, 2013.
The SEC has pressed charges against an individual from Illinois who misled Chinese foreigners into a massive investment scheme that amounted to over $145 million.
The USCIS will be applying a new fee for those whose EB-5 visas are processed at a U.S. Embassy or Consulate abroad.
The White House is expected to announce comprehensive immigration reform plans this week. Learn about the implications that these proposed changes will have on the EB-5 program in this blog post by EB-5 attorney Kate Kalmykov.
By requiring job creation forecasts within 2 and a half years of Form I-526 adjudication of the EB-5 visa process, the USCIS is enforcing an unreasonable requirement that does not take into effect business realities.
Several restrictions currently affect Chinese EB-5 investors seeking to document their lawful source of funds.
Learn about the demographics of EB-5 investors and those participating in the EB-5 Visa Program in this blog post by Kate Kalmykov and Bryan Flannery.
EB-5 attorney Kate Kalmykov disucsses the changes to the EB-5 Visa Program that she would like enacted over the next year.
