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EB-5 Practice Alert-December 29, 2015 is Last Day to RECEIVE Form I-924A

By Bernard Wolfsdorf, Esq.

Immigration regulations require regional centers to show every year that they continue to promote economic growth, improved regional productivity, job creation or increased domestic capital investment in the approved geographic area.

To do so Form I-924A must be submitted to show a regional center’s continued eligibility for designation. The application must be filed within 90 days after the end of the fiscal year, which is on or before December 29th.

Therefore tomorrow December 29, 2015 is the last day to receive the I-924A. It must be filed by overnight courier or submitted by bonded messenger to arrive December 29, 2015.

USCIS has been fairly rigid revoking regional center designation for those that do not comply in a timely manner.

Failure to submit the required information to USCIS, or failure to promote economic growth will result in the issuance of a Notice of Intention to Terminate the Regional Center (NOIT).

A NOIT signifies USCIS’s intentions to terminate the RC’s participation in the program.

If you operate a regional center and haven’t filed, you need to do so immediately. It is possible since we are located within commuting distance to the filing location that we might be able to assist with last minute filings. Call 310-570-4088 and ask for “urgent EB-5 attorney assistance”.

Congress to Extend Current EB-5 Program Until September 30, 2016 – Changes Other Immigration Programs

By: Robert J. Blanco, Esq.

Congressional leaders reached an agreement and are expected to pass the 2016 Federal Omnibus bill, which will include reauthorizing and extending the EB-5 Regional Center program through September 30, 2016.  This bill will keep the EB-5 program in its current state, without making any reforms.  As a result, the Department of State . . . → Read More: Congress to Extend Current EB-5 Program Until September 30, 2016 – Changes Other Immigration Programs

Senators Grassley and Durbin Introduce the H-1B and L-1 Visa Reform Act of 2015

By: Joseph J. Shepherd, Esq.

On November 10, 2015, United States Senators Chuck Grassley (R – IA) and Dick Durbin (D – IL) introduced S.2266, the H-1B and L-1 Visa Reform Act of 2015.  Most, but not all, of the proposed reforms within the bill would significantly increase the costs, burdens and penalties for employing H-1B and . . . → Read More: Senators Grassley and Durbin Introduce the H-1B and L-1 Visa Reform Act of 2015

2015财年EB-5数据的十个看点

. . . → Read More: 2015财年EB-5数据的十个看点

Ten Facts about EB-5 Immigrant Investor Fiscal Year 2015 Numbers

By Bernard Wolfsdorf, Esq.

USCIS released data for both I-526 immigrant investor petitions and I-829 applications to remove conditions for the Fiscal Year 2015 ending September 30, 2015.

Here are some interesting facts:

6,575 petitions representing over $3.2 billion dollars of investments were filed in the last 3 months of FY 2015 from July 1, 2015-September 30, 2015.
17,367 petitions . . . → Read More: Ten Facts about EB-5 Immigrant Investor Fiscal Year 2015 Numbers

EB-5 Visas and the Chinese Waiting Line — Ten Things I learned from Mr. Charles Oppenheim, Department of State (DOS), Chief, Immigrant Visa Control and Reporting EB-5签证以及中国申请人排期:我从美国国务院移民签证办公室主任查理奥本那获悉的十件事情

By Bernard Wolfsdorf, Esq.
由伯纳 沃尔夫律师撰写

On October 22, 2015, Mr. Oppenheim released critical information at the IIUSA conference in Dallas, Texas regarding the EB-5 program, including predictions as to the Chinese EB-5 waiting line

2015年10月22日,奥本先生在达拉斯举办的投资美国会议上发布了EB-5相关的重要信息,包括中国申请人排期时间的预测。

In May 2015, the DOS announced the establishment of a cut-off date for the Chinese EB-5 category of May 2013, establishing a waiting line . . . → Read More: EB-5 Visas and the Chinese Waiting Line — Ten Things I learned from Mr. Charles Oppenheim, Department of State (DOS), Chief, Immigrant Visa Control and Reporting EB-5签证以及中国申请人排期:我从美国国务院移民签证办公室主任查理奥本那获悉的十件事情

Good News for EB-5 in November 2015 Visa Bulletin! 关于EB-5项目2015年11月签证排期公告的好消息!

By Bernard Wolfsdorf, Esq.
作者:伯纳 沃尔夫律师

The State Department released the November 2015 Visa Bulletin today and the news is good for EB-5 applicants. The China born waiting line has been shortened from 24 months to just over 23 months. While this may not be a lot, the fears of retrogression (where the waiting line gets longer) have . . . → Read More: Good News for EB-5 in November 2015 Visa Bulletin! 关于EB-5项目2015年11月签证排期公告的好消息!

EB-5 Update-Understanding the October 2015 Visa Bulletin Changes — When to File Investor-Based I-485 Adjustments?*

By Bernard P. Wolfsdorf, Esq.

THIS BLOG DOES NOT CONSTITUTE LEGAL ADVICE. TO OBTAIN LEGAL ADVICE CONSULT WITH A LICENSED AND KNOWLEDGEABLE IMMIGRATION LAWYER.

*Copyright © 2015 Wolfsdorf Rosenthal LLP

To understand the Visa Bulletin, one needs to learn the terminology

Visa Bulletin (VB) → PUBLISHED MONTHLY
New Visa Bulletin (NVB) → OCTOBER 2015
Priority date (PD) → . . . → Read More: EB-5 Update-Understanding the October 2015 Visa Bulletin Changes — When to File Investor-Based I-485 Adjustments?*

7 FACTS REGARDING THE REVISED VISA BULLETIN

By: Joseph J. Shepherd, Esq. and Gerry Tzekova, Esq.

On Wednesday September 9, 2015, U.S. Citizenship and Immigration Services (USCIS) and the Department of State (DOS) announced revised procedures for determining visa availability for individuals waiting to file adjustment of status applications in the U.S.

Here are 7 things to know about the revised Visa Bulletin:

The Visa Bulletin now . . . → Read More: 7 FACTS REGARDING THE REVISED VISA BULLETIN

EB-5 Update EB-5最新消息

By Bernard Wolfsdorf, Esq.

伯纳 沃尔夫律师著

Regional Center Reauthorization Extension 区域中心重新授权延期
It is highly likely Congress will pass an extension shortly before or after the regional center program expires on September 30, 2015.
国会极有可能在区域中心项目2015年9月30日到期前后通过法案延期。
How long will the extension be for? 延期会有多久?
The program will most likely be extended for 3 years; however, as the deadline approaches, the possibility of an extension for . . . → Read More: EB-5 Update EB-5最新消息