EB-5 News
February 19, 2024
Q4 FY 2023 EB-5 data is good news for the industry: new filings and processing totals continue to rise
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Processing times
Processing Times
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The top EB-5 stories in 2024 could include processing, increased FOIA requests, and more denials and suspensions
Processing Times
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Investor group meets a second time with CIS Ombudsman’s Office to discuss more fair EB-5 policies and processing
Politics & Policy
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Bipartisan bill aims to create regional center committee to advise USCIS on how to improve the EB-5 program
Processing Times
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March 2024 Visa Bulletin: no EB-5 movement
Politics & Policy
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The US is considering giving India treaty-country status, which would enable Indians to pursue E-2 visas
Fraud
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After serving prison term, former Jay Peak president is helping the receiver try to sell the property
Commentary
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E-2 to EB-5: requirements and best practices for 2024
Politics & Policy
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USCIS is hiking up EB-5 filing fees on April 1, 2024
Processing Times
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Consular processing improves globally 23.6% in FY 2023; no unreserved EB-5 visas wasted
Processing Times
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January 2024 Visa Bulletin: India's EB-5 unreserved date advances 2 years, China advances 2 months
Politics & Policy
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I-829 petition denial: why it happens and what to do
Politics & Policy
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U.S. national unemployment rate falls; EB-5 TEA threshold drops to 5%
Commentary
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Hotel developers face higher interest rates in 2024, look to EB-5 as a cheaper funding source
Legal Drama
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SEC charges NY businessman with fraud and unregistered sales of EB-5 investment; veteran immigration lawyer also charged
Legal Drama
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The State of Texas wants to take over a 5,000-acre park purchased with EB-5 money
Legal Drama
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Chinese EB-5 investors in Florida project settle claims with developer Mastroianni night before trial
Legal Drama
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Developer of Brooklyn’s Pacific Park defaults; auction set for January
Fraud
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Florida hotel developer who defrauded EB-5 investors starts prison sentence
Global Markets
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African EB-5 interest is growing
Politics & Policy
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