Immigration Law

EB-5 Program Updates from December 2014 USCIS EB-5 Stakeholder's Meeting

- In Fiscal Year 2014, the EB-5 Program has brought approximately $5.5 billion to the US economy.

- There are 600 approved regional centers in the US. USCIS approved 230 from Fiscal Year 2013 to 2014, terminated 7 for failing to comply with the I-924A annual filing requirement, and issued Notice of Intent of Deny to 28 regional centers as "they are no longer promoting economic growth."

- 270 I-924 regional center petitions were filed, approximately 11,000 I-526 petitions are pending with USCIS, and 2,500 I-829 petition were filed.

EB-5 Q&A: Which banks have flexible early release terms when the offering contains non-escrow investor protections for possible I-526 denial?

Question Detail: Our project involves a two-stage, well-defined early release from escrow, with all early released funds guaranteed by a highly credit-worthy affiliate of the project. We have been told that some EB-5 escrow agents/service providers may be unwilling to waive their underwriting criteria around early release, even if we satisfy the underlying risk through the guarantee. What escrow companies or banks do you have experience with that are flexible with early release when the offering contains non-escrow investor protections for the possibility of I-526 denial?

EB-5 Q&A 移民问答帖:在未提供托管账户保护且I-526可能被拒的情况下, 哪些银行对提前释放资金有更灵活的操作


EB-5 Q&A: How can I ensure that the business I invest in will securely handle my EB-5 investment?

Question Detail: I am interested in participating in the EB-5 program, and I understand that my investment needs to be “at risk,” but I am concerned about the security of my investment. How can I ensure that the business in which I invest will securely and legally handle my EB-5 investment?

EB-5 Q&A: Does Los Angeles qualify for the $500,000 minimum investment requirement?

Question Detail: I have a client who wants to buy an existing business, a grocery market with liquor store, in Los Angeles, California. Does Los Angeles qualify for the $500,000 minimum EB-5 investment requirement? Will the immigrant investor need to create ten new jobs for the grocery market, or simply maintain existing jobs?