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Extended the EB-5 with no changes, BUT

Extended the EB-5 with no changes, BUT

Congress extended the EB-5 program untilSeptember 30, 2019 with no changes BUT!!!

In this blog, we would like to talk about briefly the extension of the EB-5 program but also give an update on immigration related issues that have hit the market in the last few days.

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.

September 30 deadline is approaching!

September 30 deadline is approaching!

September 30 deadline is approaching!

Did you know?

Did you know that we have less than two months left for the September 30, 2017 deadline? What is expected to happen if and when the current EB-5 law changes? Let us quickly analyze!

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.