What happens with my EB-5 application and investment now when the EB-5 program was not reauthorized? - EB5Investors.com

What happens with my EB-5 application and investment now when the EB-5 program was not reauthorized?

I invested in 2018 and am still waiting for my EB-5 visa. What happens now when the program wasn”t reauthorized? Do I just wait and see or will I get a refund? Will the USCIS keep processing the applications of all the investors in the backlog even if the program is not renewed?

Answers

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Immigration Attorneys
Answered on

These are two different things - your investment is governed by your subscription agreement and Congress needs to re-authorize the program, which it has done over 17 times.

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

USCIS will continue to process the cases that were filed prior to the program ending, including yours.

Belma Demirovic Chinchoy

Belma Demirovic Chinchoy

Immigration Attorneys
Answered on

No, USCIS will not process RC-based I-526s while the EB-5 program is not in effect.

Robert V Cornish Jr

Robert V Cornish Jr

Securities Attorneys
Answered on

The program will not stop if you have invested before the date the program has terminated. But be aware that there could well be issues as to when the money is received and where that could affect the analysis.

Dale Schwartz

Dale Schwartz

Immigration Attorneys
Answered on

We understand they will continue processing all cases filed before the program ends. The program will probably get renewed anyway.

Jeffrey E Campion

Jeffrey E Campion

Immigration Attorneys
Answered on

USCIS should hold cases in abeyance pending reauthorization.

Fredrick W Voigtmann

Fredrick W Voigtmann

Immigration Attorneys
Answered on

USCIS will likely hold regional center I-526 petitions to see if the program will be reauthorized by Congress, which seems very likely.

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