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Plaintiffs argue that the fee increase for EB-5 violates the law, specifically a mandate for USCIS to complete a study before raising prices.

EB-5 requires an investment while EB-3 needs a sponsorship for a foreigner to apply for a greencard to live and work in the United States.

USCIS is set to audit EB-5 designated institutions starting Apr. 23., process in which they must provide requested information.

Attorneys say concurrent filing enabled by the RIA allows requesting permanent residency through EB-5 and to work and travel.

The May 2024 Visa Bulletin shows the final action dates and the filing dates for employment-based immigrants, including EB-5 investors.

The EB-5 industry is resigned to the new prices but continues to question their legality and awaits the results of an ongoing lawsuit.

SPONSORED: USCIS has announced I-956F approval for Green Card Fund’s Terra Vi Marble Canyon EB-5 nature lodge project in the Grand Canyon.

In an emailed statement to EB5Investors.com, the USCIS’ press office explained that the DHS has begun the fee study required by RIA.

The announced fee hike is expected to significantly increase USCIS’s ability to process EB-5 visa applications.

EB-5 projects’ capital stack is driven by stringent regulations and demand for high-quality projects.