This Theme Supports a Custom FrontPage

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.