Updates (Redeployment, Material Change, India Retrogression, I-526 processing and RFEs)

Updates (Redeployment, Material Change, India Retrogression, I-526 processing and RFEs)

EB-5 Visa, EB5 Visa, EB5 Investments

Redeployment

Last year IPO asked industry stakeholders to offer suggestions regarding redeployment. IIUSA has now followed up with a Memo to USCIS on Redeployment Policy. The memo points out again why the redeployment policy should not even exist, since neither statute nor regulation nor precedent supports a requirement to redeploy EB-5 investment into additional business activity after the job creation requirement has already been met and funds have been returned to the NCE.  The memo goes on to make the case that if USCIS still persists in requiring redeployment, the options for redeployment investment should not be arbitrarily limited. I hope that IPO will, as promised, give serious consideration to this reasonable feedback.


https://blog.lucidtext.com/2019/04/

Mentions

States

  • New York


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