US Immigration News: New Legislation and Changes Coming to the EB-5 Immigrant Investor Program

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What is the EB 5 Program?

The EB 5 Visa was designed for individuals who invest in the US economy by creating jobs for a minimum number of employees, to receive a green card. The EB-5 program, also referred to as the Immigrant Investor Program, is set to sunset on September of 2015. The new bi-partisan imitative led by Senators Patrick and Leahy and Charles Grassley, aims to extend the bill, but does call for some significant changes to the program’s existing guidelines. Read more

Hot Topics in U.S. EB-5 Retrogression and Investor Immigration

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Current trending areas that are of note in the U.S. EB-5 investor immigrant program are Chinese retrogression and a crackdown on lawyers accepting commissions from regional centers. Forbes goes into details about the events impacting these hot topics. Read more

Exploring EB-5 Direct investment in Today’s Market

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For too long there has been a prevalent myth surrounding the EB-5 visa. This myth states that single investors or operators whom are looking to start a U.S. business and subsequently earn their green card are likely to take direct investment projects. The myth goes on to extrapolate that larger multi-investor projects, which incorporate the “loan model” are favored by regional centers. While there are grains of truth to this myth, the reality is that there is noting in any of the regulations that would prevent direct investment projects from leveraging multiple investors rather than the previous assumption that only single investors or operators could be on these projects. Read more

H1-B Visa Lottery Applicants up 35% for 2016 Fiscal Year

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This spring, the U.S. Citizenship and Immigration Services (USCIS) announced the completion of the yearly lottery selection for H-1B non-immigration visa applicants.  This year’s field was comprised of over 230,000 petitions vying for the 65,000 general category visas and/or 20,000 visas reserved for individuals holding a Masters degree or higher.  This figure, for the fiscal year that begins in October 2105, represents a large jump of 35 percent over the number of petitions filed last year and means that only 1 in 3 petitions were selected for adjudicated  this fiscal year. An immigration attorney can clarify any additional questions you may have regarding H-1B visas and the annual cap on H-1B visas.   Read more