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FY2014 Q2 EB-5 Petition Data, Material Change AAO Decisions, New RCs (AR, CA,...
The USCIS Immigration and Citizenship Data page has been updated again with data for I-526 and I-829 Petitions processed in the second quarter of Fiscal Year 2014 (January to March). Once again, here...
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More AAO decisions and New RCs (CA, CO, DC, DE, GA, IL, IN, MD, MN, NJ, PA,...
AAO Decisions USCIS continues to upload 2014 AAO decisions on EB-5 petitions (with the May 27th decisions being newly added as of today). Joseph Whalen has summarized highlights. Additions to the USCIS...
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I-526 Business Plan Evidence (7/29 AAO Decision)
Last month, the Administrative Appeals Office upheld denial of Regional Center-affiliated I-526 petitions based on EB-5 investment “to fund the development, production, sale, and eventual manufacture...
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IIUSA Day 1 (USCIS, DOS, SEC, FINRA)
I’m at the IIUSA EB-5 Advocacy and Leadership Conference in Washington D.C., where the mood is mixed. The proposed legislation and congressional champions that we applauded at last year’s conference...
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NYU article, 2015 Q2 Processing Stats, May 5 AAO Killer, New RCs
NYU Article We now have a final version of the definitive paper on use of EB-5 for real estate projects: “A Roadmap to the Use of EB-5 Capital: An Alternative Financing Tool for Commercial Real Estate...
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S.1501 legislation introduced; USCIS engagement on job creation
USCIS Engagement with Economics Today USCIS held its “EB-5 Interactive Series: Expenses that are Includable (or Excludable) for Job Creation.” Here is my recording of the call. When USCIS publishes its...
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SEC, State Dept, Economists, New & Removed RCs
I have a sleeve full of urgent articles on the nature of the Regional Center program, inspired by legislation debates, and also a desk full of yet more urgent business plans for clients worried about...
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The basics: Who are EB-5 investors, what are Regional Centers, what are EB-5...
Making good policy for EB-5 requires understanding what EB-5 is. I made the following tables to help people think about what EB-5 investors, Regional Centers, and EB-5 offerings are, and what place...
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White House Report, SEC Oil&Gas, I-829
EB-5 Program Changes To Be Initiated by USCIS and DOS The White House released a report Modernizing & Streamlining our Legal Immigration System for the 21st Century (July 2015) that summarizes...
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RC Reauthorization Status, New RCs
Reauthorization Status The current authorization of the Regional Center program is set to expire after September 30, 2015, and timely reauthorization is looking doubtful what with our representatives...
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New Draft EB-5 Policy Memo
From: U.S. Citizenship and Immigration Services [mailto:uscis@public.govdelivery.com] Sent: Monday, August 10, 2015 10:43 AM Subject: USCIS Message: Policy Memorandum, PM-602-0121 Dear Stakeholder,...
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The basics: investment+job creation (draft policy memo comment)
Reading the new draft EB-5 policy memo, I see why USCIS delayed the release for a year. The memo has good and bad points in the details, but I’ll leave those for the experts and just point out the big...
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New USCIS Position on RC Names!!
I just received the following email. “USCIS would like to remind you,” the email says, as if this statement had ever been made before. Just go look at USCIS’s own list of approved Regional Centers and...
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Short-term RC extension by CR?, New RCs
Regional Center Program Authorization Update Congress now has just seven working days before the Regional Center program sunsets, and substantive reform/re-authorization bills are not even out of...
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Congress passes RC extension to 12/11/2015
Today Congress passed a short-term spending bill that keeps the government running through December 11, 2015, and, among other incidentals, the EB-5 Regional Center program running without changes for...
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Direct v RC Structure (AAO decision), New RCs
New AAO Decision (Direct EB-5 Investment Structure, Evidence Standard, Multiple Investors) I keep seeing evidence of confusion about how direct EB-5 and Regional Center EB-5 differ, and cases that try...
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Update on RC Renewal, Articles (Retrogression, SEC), New and Removed RCs
Legislative Update Last week Congress passed a two-year budget deal that raises funding levels and suspends the debt limit until 2017. This accomplishment eases the way for the spending package that...
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What is material change?
Summary The EB-5 process allows limited leeway for change in documents or in reality. Ideally and in principle, all EB-5 petitioners fully demonstrate eligibility in their original I-526 documents, and...
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Legislative Update, Due Diligence, New I-485, New RCs
Legislative Update We are now less than a month from December 12, when the Regional Center program will sunset if it doesn’t get another reauthorization. It’s possible that the program could get...
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Legislative Update, New RCs
Legislative Update (see paragraph end for continuing updates) It looks as if the Regional Center program may get reauthorized next week after all, with significant but not terminal changes. The chairs...
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