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EB-5 News & Updates June 21-28

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Reform or eliminate EB-5 investors visas: Trump admin tells Congress
The Trump administration has urged the US Congress to either reform or eliminate the EB-5 investors visa programme, which provides green cards to foreigners investing at least USD 1 million in the US that create nearly 10 permanent...

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Firms Updates
EB-5 investment firm fires back at former business partner over profits spat
The Ace Hotel in New York 8th Bridge Capital calls Moses Choi a "habitual fraudster" in countersuit A Downtown Los Angeles EB-5 investment firm has fired back at allegations from a former business partner that it cut him out of business profits...
GOOD News for EB-5 Investors Filing I-829s!
USCIS released a memo yesterday relating to I-829 processing changes. Short story: instead of getting an automatic 12 extension of status when filing an I-829, USCIS will now extend you and your family for 18 months based on longer processing...

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