Lynne Feldman
Immigration AttorneyMain advantage is that the investment amounts may be raised any time. Also with the Regional Center program not re-authorized, all USCIS resources are going to private projects.
Should I hurry up and send in my direct EB-5 application before Dec. 31? Is there any advantage of getting in my paperwork before the end of the year?
Main advantage is that the investment amounts may be raised any time. Also with the Regional Center program not re-authorized, all USCIS resources are going to private projects.
If you can, it is recommended to file your I-526 prior to December 10th (the end of the next congressional session), which is the next time we might expect the law to be changed.
Nothing that I have heard of. Maybe there could be tax implications that you can discuss with your accountant, but immigration-wise, it is just always a good idea to file sooner than later.
The major advantage is that the investment threshold has been reduced from $900,000 to $500,000. This was done a few months ago through a court case. USCIS is currently appealing the court case and if they are successful the investment threshold will likely return back to $900,000. As such, if you are interested in filing a direct EB-5, it does make sense to file it as soon as possible in order to take advantage of the current $500,000 investment opportunity.