Month: June 2018

U.S. Senate Committee held an oversight hearing on the EB-5 Program

Wednesday, June 27, 2018 On June 19th, 2018, the U.S. Senate Committee on the Judiciary held an oversight hearing on the Immigrant Investor EB-5 Program. The well-attended committee hearing focused on reported fraud, abuse, and national security risks related to the program, and also future path for EB-5. Throughout the hearing, the sole witness was… Read more »

USCIS Policy Manual Update: Tenant-Occupancy no longer counts toward EB-5 Job Creation

Monday, May 29, 2018 USCIS issued policy alert on immigrant investor (EB-5) cases involving tenant occupancy on May 15, 2018. Previously, the USCIS Policy Manual allowed for tenant-occupancy methodologies used by I-526 petitioners to prove their investment would satisfy indirect job creation request. The new policy guidance deemed the tenant-occupancy methodology cannot reasonably predict the… Read more »