EB-5 Stakeholder's Call

USCIS held an EB-5 stakeholder’s call yesterday. There were a few interesting comments.

1. So far in 8 months (Oct. 1, 2009 to May 30, 2010) this fiscal year, more EB-5 visa applications have been filed than were filed all last year.

2. Regional Centers will be required to file annual reports.

3. Expediting I-526 forms will not be permitted with a premium processing fee as with many other applications.

4. The economist at USCIS likes the RIMS II multiplier model.

5. The Regional Center and the Regional Center’s project’s investment must be in the TEA. This is completely new and shocking as this has never been required.

Overall, USCIS refused to answer many questions claiming they were too case specific. USCIS again was not very helpful.

Martin