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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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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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New citizenship law amendments for the UAE to attract foreign investors and accomplished individuals

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In a move to attract more capital and intellectuals to the Gulf Country, The United Arab Emirates has amended its citizenship law. This adaptation allows UAE Citizenship to nominated investors, specialised talents and professionals including scientists, doctors, engineers, artists, authors and their families, according to government sources. Though the law is not a traditional citizenship…

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EB-5 U.S Green Card Program Extension

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For those of you yet to hear this, the U.S. EB-5 Regional Center Program has been extended to June 30, 2020. The President has signed the Consolidated Appropriations Act, 2021, which extends the EB-5 Regional Center Program until June 30, 2021. This particular extension announcement is unusual as the expiration of the EB-5 Regional Center Program…

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Immigrant Investor Program, EB-5 Updates

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Immigrant Investor Program, EB-5 Updates

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USCIS Loses Appeal of Landmark Decision

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EB-5 Applications suddenly simplified as Unsecured Loans can now be used as EB-5 Investment Capital A three-judge panel ruled in the D.C. Circuit court that EB-5 investors can use the proceeds of unsecured loans for their investment capital, upholding a 2018 D.C. federal court decision. USCIS tried to argue in their appeal that to allow…

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Huge Increase in EB-5 Visa Quotas

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Washington, D.C. – September 29, 2020: The U.S. Department of State recently published the much-anticipated monthly Visa Bulletin for October, 2020. Employment Based Green Cards The U.S. Department of State concluded its calculations of the employment-based immigrant visa annual limit for FY 2021, which is anticipated to be 261,500, an all-time high. The October, 2020 Visa Bulletin…

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