I-526 petitions – To View the IIUSA Data Report Click Here
(Full Report for IIUSA Members Only)
I – 829 petitions – To view the IIUSA Data Report Click Here
(Full Report for IIUSA Members Only)
Last week United States Citizenship and Immigration Services (USCIS) issued a draft policy memorandum, PM-602-0121, to provide guidance on the “Job Creation Requirement and Attainment of the Investment for EB-5 Adjudication of Form I-526 and Form I-829″. To read a full analysis of the draft memorandum please see here.
USCIS has called for comments on the draft memorandum. Below is the USCIS notification reprinted in full.
USCIS has posted the following draft policy memorandum for your review:
Comment Process: Please email all comments to firstname.lastname@example.org byTuesday, September 8, 2015. Please include the following to make your comments clear:
For complete information on the comment process, visit the Feedback Opportunitiessection of www.uscis.gov.
If you are unable to access the memorandum through the links provided above, please do the following:
USCIS Public Engagement Division
The American Immigration Lawyers Association (AILA) has recently published a comparison chart of the House EB-5 Bills which include HR 616, HR 3370 and HR 2131 (from the 113th Congress). Less than 40 days remain until the reauthroization deadline of September 30.
To view the complete report, click the link above (Members-Only)
The processing time for I-526 petitions, as of June 30, 2015, is 13.5 months up from 13.4 months in May 2015. Processing times had been decreasing since February before increasing slightly for the month of June.
The processing time for I-829 petitions, as of June 30, 2015, is 14.3 months up from 13.6 months in May 2015 and up from 5.7 months in June 2014; this represents a year over year increase of 150% in processing times. This marks the second month in a row that I-829 processing times surpassed I-526 times.
The processing time for I-924 petitions, as of June 30, 2015, is 11.8 months which represents a slight increase from the 11.5 month processing time data for May 2015. The year-over-year statistics represent a 93% increase in processing times.
If an EB-5 regional center or related entity displays the DHS seal or USCIS signature on its website, electronic and printed forms, or promotional and marketing materials without express written approval, USCIS may refer the regional center or related entity to the Department of Justice or the Federal Trade Commission for further action.
If you use the DHS seal or USCIS signature without approval, you may be:
Improper use of the DHS seal and USCIS signature can confuse the public and prevent them from being able to identify what communications are officially from DHS or USCIS. This negatively impacts DHS’ and USCIS’ ability to effectively communicate with the American public. Therefore, DHS only permits the use of the DHS seal and USCIS signature for very specific purposes.
For information on how to request approval to use the DHS seal, visit this DHS page.
By Robert C. Divine, Vice President, IIUSA; Shareholder, Baker, Donelson, Bearman, Caldwell, & Berkowitz, P.C.
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The IIUSA Blog is maintained by Invest In the USA (IIUSA) staff, with guest contributors from time to time. We launched the blog in 2010 as part of our commitment to industry development and public education on the EB-5 Regional Center Program (the “Program”). Four years later, a wealth of industry archives can be found exploring this website. We welcome your feedback and thank you for reading!
Founded in 2005, IIUSA is the national membership-based 501(c)(6) not-for-profit trade association for the EB-5 Regional Center industry. IIUSA’s primary mission is to make the Program a permanent and successful part of 21st century U.S. economic development policy through advocacy, education, industry development, and research.
For more information, visit www.iiusa.org.