EB-5 News & Updates #198 October 01-08
Posts
 | EB-5 Versus EB-2/3 | |
| By Rebecca S. Singh, Esq. My Priority Date Under EB-2/3 Is Current, Should I Continue My EB-5 Petition? For the past two years, EB-5 developers found themselves a niche domestic market—the H1-B candidate. Visa retrogression for... | ||
 | More EB-5 Visas Available | |
| The estimated annual employment-based visa limit is anticipated to be approximately 261,500 for FY 2021, which begins October 1, 2020. The EB-5 Program receives 7.1% of the employment-based visas available or about 18,566. From... | ||
 | Congress must reform EB-5 immigration program to ensure national security, lawmaker says | |
| America’s foreign adversaries, chief among them China, could utilize one of the federal government’s most noteworthy immigration programs against the United States, threatening its national security and undermining democracy, U.S. Rep.... | ||
 | USCIS News: Filing Fee Rule and Premium Processing | |
| USCIS news: A fee rule to increase filing fees affecting numerous immigration categories was set to go into effect on October 2, but was enjoined by a federal judge, preventing it from going into effect. In a statement from... | ||
Updates
Firms Updates | ||
 | Congress Passes and the President Signs the Continuing Resolution Keeping Government and Vital Programs such as EB-5 and E-Verify Operational Thru Dec. 11, 2020 – New Premium Processing Directive | |
| On Sept. 30, 2020, the U.S. Senate passed and the President signed H.R. 8337 to keep the U.S. government operational through Dec. 11, 2020. This action will maintain vital immigration programs such as the EB-5 Immigrant Investor Regional Center... | ||
User Updates | ||
 | More Premium Processing is Congress' Solution to USCIS Financial Woes | |
| A stopgap funding bill to avoid a U.S. federal government shutdown temporarily extends otherwise expiring immigration categories, but also includes an interesting permanent provision to solve the ongoing financial problems of USCIS, a fee-funded... | ||
 | Jay Peak seeks more than $60 million reduction in property tax bill | |
| Attorneys for Jay Peak are challenging the ski resort’s nine-figure property tax bill, according to the Caledonian-Record. A hearing is scheduled in Newport for October 29. The resort wants the Town of Jay to reduce its property tax... | ||
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