F-1 nonimmigrant students whose country of citizenship is Syria and who are experiencing severe economic hardship as a direct result of the civil unrest in Syria since March 2011, have been granted temporary relief by The Department of Homeland Security (DHS). As of January 5, 2015 through September 30, 2016, an extension of an earlier suspension of the applicability of certain requirements governing on-campus and off-campus employment for F-1 nonimmigrant students has been granted.
(News and views from IBLF staff and attorneys)
A recent notice by The Department of Homeland Security (DHS) announces that the Secretary of Homeland Security (Secretary) is extending the designation of the Syrian Arab Republic for Temporary Protected Status (TPS) for 18 months. The extension allows currently eligible beneficiaries to retain TPS from April 1, 2015, through September 30, 2016. Additionally, Syria has received a redesignation TPS for 18 months, effective April 1, 2015 through September 30, 2016.
A recent notice by The Department of Homeland Security (DHS) announces that the Secretary of Homeland Security (Secretary) is extending the designation of El Salvador for Temporary Protected Status (TPS) for 18 months from March 10, 2015, through September 9, 2016.
Five new countries are eligible to participate in the H–2A and H–2B Nonimmigrant Worker programs for the first time. The newly designated countries include the Czech Republic, Denmark, Madagascar, Portugal, and Sweden. This determination is effective January 18, 2015. Additionally, 63 countries previously designated in the January 17, 2014 notice continue to be eligible.
- 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.
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?
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?