Empire State EB5 Regional Center: I-924

Monday, March 25, 2013

The EB-5 American Dream

[Source: State Department/Wall Street Journal]

The surge for visas that were issued in the past 5 year through the USCIS EB-5 program are represented in the graph above. South Korea was the majority of visas issued back in 2008, but since that time China has made an extreme jump to the top representing 4/5 of the programs issued EB-5 visas.

For more information on the USCIS EB-5 Immigration Investor program and investment options,

CONTACT EMPIRE STATE EB5 REGIONAL CENTER TODAY!

2815 Monroe Avenue, Suite 2100

Rochester, New York 14618

Tel: (866) 763-6515

EMAIL HERE or WEBSITE HERE

Thursday, February 28, 2013

Highlights of Draft USCIS EB-5 Policy Memorandum

[Source: H. Ronald Klasko, Esq.]

USCIS issued its third draft EB-5 policy memorandum on February 14, 2013. It is open for public comment through April 1, 2013.

While the draft policy memorandum technically does not establish USCIS binding policy, it is a window into its present thinking on various subjects relating to EB-5 adjudications.

This alert will discuss the highlights of the draft policy memorandum in terms of either new policies or clarifications of previously unclear policies. It is not meant to be a summary of the entire memorandum, most of which merely restates existing law and policy.

It is important to note initially that the memorandum is not an exhaustive memorandum in that it does not cover most aspects of I-924 adjudications, including adjudications of EB-5 projects. For example, it makes no reference to use of EB-5 money to pay back bridge financing; whether EB-5 loans can be paid back to a new commercial enterprise before conditions are removed; whether direct employees of the job-creating entity (indirect employees of the new commercial enterprise) must be “qualifying employees”; etc...

<<<READ MORE HERE>>>

To view the Draft of the USCIS EB-5 Policy Memorandum - READ ORIGINAL MEMO HERE