EB5 New Proposed Rule Increases Investment to $1.3 million & $1.8 million

USCIS made a surprise announcement with a new proposed rule today for EB5s. As many of my readers will know, Congress has tried to make many changes and increase the minimum investment for some time without success. Looks like DHS is taking matters into its own hands. The new proposed rule will be official published[…]

EB5 program extended without change until December 9, 2016

Yesterday, Congress passed a Continuing Resolution to keep the government funded.  During that time, the EB5 program was extended without change until December 9, 2016.  That means, if you hope to file an EB5 application, you have until December 9th to file your petition with the current investment amount. Minimum investment may well increase when[…]

New EB5 Bill Raises Minimum Investment

The EB5 pilot program is up for renewal on September 30th and a new bill was just published today.  I will write more soon. But the immediate headline is that the minimum investment of $500,000 will be increased to $800,000 in this bill. My regular readers will recall last year, Congress had hoped to make[…]

Tahmina in Bloomberg BNA on Entrepreneur Parole (Startup visa alternative)

(Copied from Bloomberg BNA) August 29, 2016 Draft Immigration Rule Would Ease Foreign Entrepreneurs’ Entry FREE TRIAL From Daily Labor Report Daily Labor Report® is the objective resource the nation’s foremost labor and employment professionals read and rely on, providing reliable, analytical coverage of top labor and employment… By Laura D. Francis Aug. 26 —[…]

International Entrepreneurs Rule (Obama’s Startup Visa Alternative)- Detailed Summary by Tahmina

Final International Entrepreneur rules were released on January 13th 2017. Here is my updated blog post. International Entrepreneurs Rule A Simplified Summary by Tahmina Watson On August 26, 2016, USCIS announced proposed new rules for international entrepreneurs in an attempt to create an alternative to a Startup Visa. In a coordinated effort, The White House published an article[…]

Breaking: Obama’s Startup Visa Alternative- Entrepreneur Parole Announced

This morning on August 26, 2016, The White House announced proposed new rules for International Entrepreneurs.  The announcement was followed by a conference call from key White House personnel from the White House Office of Science and Technology Policy.  The call discussed the rules and clarified some issues. Below is a summary as published by[…]

Breaking News: Entrepreneurial Parole Rules Released

The below rules were published this morning. Stay tuned for more soon- Tahmina USCIS Proposes Rule to Welcome International Entrepreneurs Release Date: August 26, 2016 WASHINGTON—U.S. Citizenship and Immigration Services (USCIS) is proposing a new rule, which would allow certain international entrepreneurs to be considered for parole (temporary permission to be in the United States)[…]

EB5 Extended Without Change but H1b & L1 Not So Lucky

The budget deal in Congress yesterday included some immigration provisions. Some visa programs had deadlines so needed to be addressed. The EB5 regional center (‘pilot’)Program was set to expire but like previous years, it was extended. This time is was extended until September 2016. In the past, the extensions have been for up to 3[…]

No EB5 visa law changes today

While many of us are holding are breaths on what changes will happen on the EB5 provisions- nothing of significance actually happened today. Today, the House passed a short-term funding bill (H.J. 2250) by a voice vote to avoid a government shutdown. The original EB-5 extension is included in the bill. Yesterday, the Senate passed[…]