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EB-5 Investors Visa

This program is known as EB-5 visa for the name of the employment-based fifth preference visa that participants receive. Congress created the EB-5 Program in 1990.

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News: EB-5 Now $500,000 – Until June 30th

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News 22 June: US District Court for the Northern District of California. Behring wins action against the U.S. Department of Homeland Security (DHS) reversing the November 2019 legislation back to $500,000 (From $900,000).

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USCIS Processing Times Likely to Drop in 2021-2022

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Washington, D.C., May 6, 2021: Reports from USCIS and from Donoso & Partners’ own recent experience indicate that USCIS processing times are likely to drop during the remainder of 2021 and through 2022. USCIS processing times are reported based on the average time that it takes USCIS to review and reach a decision on a…

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Biden admin reopens doors to foreign entrepreneurs via ‘startup’ visas

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MUMBAI: Under President Joe Biden’s administration, the US is reopening its doors to foreign entrepreneurs. The US Department of Homeland Security (DHS) has announced that it is withdrawing a ‘proposed’ rule introduced by the Trump administration that would have rescinded the International Entrepreneur Rule (IER), better known as the start-up visa program. IER enables ‘qualified’…

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EB-5 Litigation Update: EB-5 Regulations

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Washington, DC, April 23, 2021: A recent federal lawsuit offers a potential solution for EB-5 investors frustrated with the high investment amount and current Targeted Employment Area rules. As we recently reported, a federal lawsuit in Behring Regional Center LLC v. Wolf et al. alleges that the 2019 EB-5 Regulations were improperly adopted by the Department…

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Update on Lawsuit Challenging EB-5 Regulations

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This news item arrived on our desks over the weekend. It was posted by Donoso and Partners – a respected firm of lawyers which many of our clients use to prepare their I-526 EB-5 applications. Update: London, March 30, 2021. We’ve just been advised by the plaintiffs to the action below that they expect the…

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Second Passports – An Upsurge in Demand for Immigration by Investment

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Driven by the change in lifestyles brought about by the sudden pandemic, reports are coming in of an upsurge in demand from more than 25% of the world’s wealthiest individuals wanting to obtain a second passport or residency in another country. There have been increasing concerns within the EU that some countries such as Malta…

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EB-5 Investor Visa Reform and Integrity Act of 2021

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A bipartisan Bill seeking to extend and reform the EB-5 investor visa programme was introduced in the US Congress on March 18, 2021. The EB-5 Reform and Integrity Act of 2021, introduced by Senators Chuck Grassley (Republican) and Patrick Leahy (Democrat), calls for the reform and reauthorisation of the EB-5 Regional Centres programme for a…

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Visa Backlog set to ease or even disappear

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Visa Backlog set to ease or even disappear President Biden’s new immigration bill: the U.S. Citizenship Act 2021, which contains 3 provisions, could considerably ease or even eliminate, the delays of several years experienced by applicants from China, Vietnam and India, the worst effected nations. The three provisions are referred to as: Ending the Per-Country…

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Portuguese Government Postpones Changes To Golden Visa Program Until 1st January 2022

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The Portuguese Government has now confirmed that the comprehensive changes being made to the country’s ever-popular Golden Visa program will be postponed until 1 January 2022. The unexpected news comes as a welcomed surprise as it now allows applicants an additional 6 months to take advantage of the current Residency by Investment offers. Furthermore, these amendments…

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EB-5 Visas and Biden’s Immigration Plan

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Summary The U.S. Citizenship Act of 2021 is President Biden’s immigration reform bill released to the public on February 18, 2021.  The bill was released as a Senate bill sponsored by Senator Menendez (D-NJ) and co-sponsored by several other democratic senators. Its main goals are to: (1) legalize the situation of undocumented immigrants; (2) reduce…

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