IIUSA Submits Comments and Questions to USCIS Ahead of March 20 EB-5 Stakeholder Engagement

02.14.23 | Government Affairs

Last week, IIUSA submitted a question and comment packet to USCIS ahead of it’s March 20 EB-5 Stakeholder Engagement. The agency announced the engagement on January 30 and stakeholders had until February 10 to submit their questions and comments.

IIUSA’s Public Policy Committee, led by new co-chairs Lulu Gordon (EB5 Capital) and Carolyn Lee (Carolyn Lee PLLC), compiled comments on the three topics that USCIS said would specifically be addressed during the March engagement: Regional Center operations, investment period, and direct and third-party promoters. The full packet is available below for members and other stakeholders to review.

If you are not already, EB-5 stakeholders and encouraged to register for the March 20 engagement and come prepared to ask questions or provide comments live to the agency. You can register on the USCIS website.

READ IIUSA’S SUBMISSION

Thank you to IIUSA’s Public Policy Committee and other members who contributed to the submission. We were working on a tight deadline and we were able to submit substantive, thoughtful, and impactful comments that are important for the industry’s future.

In addition to its own comments mentioned and linked above, IIUSA sent a joint EB-5 stakeholder group letter specifically on sustainment period. In additional to IIUSA, the letter was co-signed by the Real Estate Roundtable, the U.S. Chamber of Commerce, and the EB-5 Investment Coalition (EB5IC). READ THE JOINT LETTER.

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