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Looking toward RC program reauthorization
UPDATE: This sobering 9/7 post in The Hill discusses what’s going on in Congress: Deadlock threatens foreign investor visas — Original Post — Congress goes back to work tomorrow, and the EB-5 regional...
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Q3 2016 EB-5 Petition Stats, GAO Report, RC List Updates
Path to Reauthorization I’ve been updating my post Looking toward RC program reauthorization as significant developments come to my attention. I’ll make a new post when the text of new legislation is...
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About H.R. 5992 Reform Act proposals
As the 9/30/2016 deadline for regional center program reauthorization looms, we have so far (1) a hint that short-term regional center program extension may be included in a continuing resolution to...
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RC program extension to 12/9, reauthorization history, new RCs
Regional Center Program Authorization The regional center program has been reauthorized through December 9, 2016 as part of the Continuing Appropriations and Military Construction, Veterans Affairs,...
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H.R. 5992 Account Transparency Requirement
The Account Transparency Requirement proposed in Goodlatte and Conyers’ H.R. 5992 American Job Creation and Investment Promotion Reform Act of 2016 (see pages 64-72) is probably the most important new...
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Visa Usage, GAO TEA Report, RC List Updates
Visa Usage Here is a chart that visualizes how EB-5 fits into the big picture of U.S. immigration. The main chart is lifted from a New York Times article this week that discusses immigration levels. I...
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Final Fee Rule, Processing Updates, RC Withdrawal
Today the Federal Register published U.S. Citizenship and Immigration Services Fee Schedule, a final rule adjusting the fees required for most immigration applications and petitions. USCIS invites...
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Election and EB-5 (updated), RC list changes
Political Changes and EB-5 In the new political climate, Regional Center EB-5 has an interesting position: it’s an immigration program whose strongest criticism has been that it unfairly benefits...
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New EB-5 Regs in 2017?
While we’ve been focused on how Congress might change EB-5, the immigration service is taking action. Since Spring 2015, DHS has published Rule 1615-AC07 (Improvement of the Employment Creation (EB-5)...
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Policy Manual EB-5 announcement
From: U.S. Citizenship and Immigration Services [mailto:uscis@public.govdelivery.com] Sent: Wednesday, November 30, 2016 9:29 AM Subject: USCIS Message: Policy Manual Available for Comment...
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Policy Manual EB-5 Section: What’s New
The EB-5 program just shifted onto a new and slightly different foundation. USCIS Policy Manual Volume 6, Part G, published today, is now the controlling source for EB-5 policy guidance. Usually we get...
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Countdown to reauthorization (CR to 4/28/2017)
The next sunset date for the regional center program is coming up on Friday 12/9, and I’ll update this post with relevant news as I receive it. (See my 9/29 post if you’d like to review the history of...
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Proposed EB5 investment and TEA changes
The Regional Center program sunset date has been pushed back to April 28, 2017 by Public Law 114-254, but don’t count on the EB-5 status quo remaining unchanged through April. As I reported before,...
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EB-5 Regs (Regional Centers), I-924 Process and 2015 Stats, Processing Times
Status of Amended Regulations USCIS has published an Advance Notice of Proposed Rulemaking (ANPRM) in the Federal Register. This notice “EB-5 Immigrant Investor Regional Center Program” (Docket No....
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Proposed New EB-5 Regs (priority dates, investment amounts, TEAs)
On January 13, the Federal Register is publishing a Notice of Proposed Rule-making titled EB-5 Investor Program Modernization (DHS Docket No. USCIS 2016-0006). The notice proposes and explains the...
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Regulations freeze, SEC action (San Francisco), RC List Changes
Progress of Proposed Regulations As EB-5 stakeholders process proposed new EB-5 regulations, they are thinking (1) how can I dissuade USCIS from the changes that would be most harmful for me...
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S.232 Update, RC list changes
S.232 Update Senator Feinstein and Senator Grassley have finally published text for and issued a joint press release on the long-shot S.232 – A bill to terminate the EB-5 Visa Program. The statement...
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3/8 House EB-5 Hearing (TEA & Investment Amounts)
Today’s House Judiciary Committee hearing on The Department of Homeland Security’s Proposed Regulations Reforming the Investor Visa Program focused on changes to the EB-5 investment amount and TEA...
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Washington updates, articles, RC list updates
Washington Updates Legislation: Another piece of EB-5 legislation has been thrown into the ring – this one from Rand Paul: S.727 Invest in Our Communities Act. Dianne Feinstein made an extreme...
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Preventing fraud in EB-5 (CIIF investigation)
In his testimony before the House Judiciary Committee in February 2016, Investor Program Office Chief Nicholas Colucci discussed how much USCIS has done to improve its administration of the EB-5...
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