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An SEC lawsuit against an EB-5 developer and a regional center is a reminder of how funds can be misused and the importance of due diligence to detect it.

EB-5 attorneys explain that regional centers repaying their loans as per the project agreement helps build a positive track record for the EB-5 industry.

EB-5 attorneys explain the pros and cons of escrow bank accounts used by EB-5 investors to transfer their investment capital.

EB-5 panelists discussed key factors and best practices for structuring a project during an EB-5 Investor Magazine webinar.

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.