Empire State EB-5 Regional Center is dedicated to the strategic alignment of capital resources to generate economic growth and create a path for lawful citizenship to qualified immigrant investors. Empire State Regional Center can provide a wide range of financial products including equity, preferred equity, non-recourse mezzanine, construction and renovation loans with a term of up to five years. We have maximum flexibility in structuring viable projects.
Thursday, September 22, 2011
EB-5 Program Rising in Numbers
News from USCIS Stakeholders' Meeting Details Here:
EB-5 Visa numbers are still climbing, with 3706 issued so far this year. At this pace the program will outdo its previous record set in 2009 from projections for 2011.
I-526 and I-829 filings are WAY up, with rejection rates of I-526s on the high side at 18% (a bit high in our opinion), and I-829s at 7% (lower than any previous report, which is a positive sign). The proof though, will be in the results of the mass submissions of this year - will the there be enough job creation?
Processing wait times look like they are declining, which, again, is a very productive sign!
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