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Feb 3rd, 2023

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Pre-Reform Act Chinese investors launch lawsuit arguing they should qualify for reserved visas

Chinese investors in a $240 million Philadelphia infrastructure project are suing the government over the policy that limits new visa set-asides to investors who filed after the enactment of the EB-5 Reform and Integrity Act of 2022 (RIA). The government has previously declared that “pending petitions filed prior to the enactment of the EB-5 RIA will be adjudicated under the law in effect at the time of filing.”

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