Current Status of EB-5 Bridge Funding
So can EB-5 funds to be used to replace bridge financing or not? The rules have changed in the past couple of years.
So can EB-5 funds to be used to replace bridge financing or not? The rules have changed in the past couple of years.
Since the February 26, 2015 USCIS SOF call, there have been people voicing concerns that the USCIS is not allowing parents to obtain loans for the purpose of funding EB-5 investments for their children. This is incorrect.
The EB-5 immigrant investor program provides an important source of capital for investment in job-creating businesses in the United States, but in order to protect the market for these investments, the EB-5 community must demonstrate its commitment to the protection of EB-5 investors from fraudulent operators.
In the May 30, 2013 Memo, the USCIS gave regional centers the option to add on new geographic regions and NAICS codes without seeking a formal amendment. This allowed greater flexibility for regional centers to pursue different types of investment projects. However, recently there is indication that the USCIS has gone a step further with regards to NAICS codes and have completely taken them out of the regional center designation equation.
Over the past few years, international developers have entered the United States market and launched development projects that incorporate EB-5 funding as part of the project's capital stack. Far from being a cause of concern, international developers investing money and developing U.S.-based projects is a vote of confidence in the United States.
Real examples of different types of I-924 exemplar approval letters.
What is the benefit of an exemplar project?
What exactly is an Exemplar Approved EB-5 project?
What the Department of Homeland Security memorandum to the Director of USCIS said regarding the direction of new rules and regulations should include to carry out the Executive Action announced by President Obama.
Traditionally granted only one-year F-1 visas regardless of their I-20 program period, Chinese students will now benefit from the ability to obtain 5-year F visas.