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No room for errors when completing EB-5 applications.

No room for errors when completing EB-5 applications.

No room for errors when completing EB-5 applications.

On July 27, 2018 The National Law Review published an article warning against such practice. According to the article, “effective September 11, 2018, adjudicators for U.S. Citizenship and Immigration Services (USCIS) will have the authority to deny any application or petition that is incomplete or lacks sufficient evidence without first issuing a request for evidence (RFE) or notice of intent to deny (NOID). The new guidelines are a reversal of the current policy, which requires that an RFE be issued unless there is “no possibility” that the deficiency can be remedied. Depending on the vigor with which it is enforced, this policy shift may eliminate the opportunity for petitioners and applicants to correct simple errors, like missing documents, or to beef-up documentation in support of an applicant’s eligibility, before the case is denied.

What is this waterfall anyway? At the end of the day, does it really matter?

What is this waterfall anyway? At the end of the day, does it really matter?

What is this waterfall anyway? At the end of the day, does it really matter?

Priority of payments, otherwise known as the waterfall, is perhaps one of the most important features an investor should consider when picking an EB5 project. Simply put, the waterfall clearly defines the order of claims to the funds by various stakeholders as the funds become available for distribution.

The window of opportunity to invest at the $ 500,000 level is tightening. Congress extended the current law to February 8, 2018 with no changes!

The window of opportunity to invest at the $ 500,000 level is tightening. Congress extended the current law to February 8, 2018 with no changes!

The window of opportunity to invest at the $ 500,000 level is tightening. Congress extended the current law to February 8, 2018 with no changes!

Yes! This time it really is! Trust us and act now if you don’t want to get caught up having to invest $ 1,800,000 for the same exact project. Why do we think that this time it might actually happen? For a number of reasons.

Congress passed a Continuing Resolution extending the EB-5 program to January 19, 2018.

Congress passed a Continuing Resolution extending the EB-5 program to January 19, 2018.

Congress passed a Continuing Resolution extending the EB-5 program to January 19, 2018.

As expected, by a majority vote of 231 vs 188 in the House and a majority vote of 66 vs. 32 in the Senate, Congress passed a Continuing Resolution extending the EB-5 program to January 19, 2018. President Donald Trump signed the resolution into law yesterday on December 22.

Safe until September 30, 2017!

Safe until September 30, 2017!

Safe until at least September 30, 2017!

Yesterday, we reported that Congress passed a continuing resolution to extend federal funding of all aspects of government until May 5th. Today, they agreed to continue funding government projects through September 30 of this year. As part of this bipartisan omnibus spending bill, Congress has granted an extension of the EB-5 Regional Center Program.

Is it a relief or more build-up of anxiety?

Is it a relief or more build-up of anxiety?

Did you know?

On April 28, 2017, Congress passed a continuing resolution to extend federal funding of all aspects of government until May 5th. Part of this decision means that deliberation on the future of the EB-5 program, which was set to occur on April 28th, is now extended another week.