USCIS Announces EB-5 Reform and Integrity Act of 2022 Rulemaking Listening Session

U.S. Citizenship and Immigration Services (USCIS) announced its next listening session which will focus on the implementation and rulemaking around the EB-5 Reform and Integrity Act.

The agency is specifically seeking feedback on evidentiary requirements, definitions for in the new statute, geographic area factors. TEA communication and job creation calculations.

The event is open to the public and IIUSA will be submitted questions on the industry’s behalf. To participate register here.

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From USCIS

U.S. Citizenship and Immigration Services (USCIS) invites you to participate in a listening session on Wednesday, May 25, 2022, from 2 to 3 p.m. Eastern. The listening session is for stakeholders to provide individual input on rulemaking related to the implementation of the EB-5 Reform and Integrity Act of 2022. USCIS is committed to public engagement and sessions such as these provide us with valuable feedback as we work to improve our programs.

Questions for consideration: Although we are interested in overall feedback about the EB-5 program, we would also appreciate your input on the following questions:

Evidence

a. Are there evidentiary requirements for Form I-526 filings in the existing regulations that should be simplified or modernized? We invite specific estimates of these burdens and potential effects of these simplifications.

Definitions

a. Are there undefined or other ambiguous terms in the existing regulations or statute that DHS should define or clarify through rulemaking?
b. Should we keep the “troubled business” definition in the existing regulations (8 CFR 204.6(e), 204.6(h)(3), and 204.6(j)(4)(ii))? If we keep the definition, should we revise it and, if so, how?
c. Should we keep the definition of “new” for a commercial enterprise in the existing regulations? Is there an alternative approach for what should be considered “new” (for example, a more recent cutoff date or a particular period for determining whether a commercial enterprise is “new”)?

General

a. Are there other processes or requirements in the existing regulations or statute that DHS should clarify or further develop through rulemaking? For example:

  • The process we will use to designate and communicate high unemployment areas.
  • Factors we should consider in determining if a regional center’s geographic area is “limited.”
  • How construction jobs for less than two years will be calculated.
  • Are the expansion and restructuring requirements in the existing regulations still relevant?

To Register:

  1. Visit our registration page
  2. You will be asked to sign up for updates or to access your subscriber preferences, please enter your email address and select “Submit”
  3. Select “Subscriber Preferences”
  4. Select the “Questions” tab
  5. Complete the questions and select “Submit.”

Once we process your registration, you will receive a confirmation email with additional details.

If you have any questions, or if you have not received a confirmation email within three business days, please email us at public.engagement@uscis.dhs.gov.

To request a disability accommodation to participate in this engagement, email us at public.engagement@uscis.dhs.gov by 4 p.m. EST on May 20, 2022.

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Updated on May 19:

To Join the Listening Session:

Please use the webinar link and passcode listed below. We recommend using Chrome or Firefox as your web browser, as it allows for best viewing.

Link: https://uscis.webex.com/uscis/onstage/g.php?MTID=e5b145210c59c1ad575c9d728d149a43e
Passcode: EB5RuleLS#52522

For Audio you MUST use the call in details below:

Number: (888) 790-1745
Passcode: 4723997

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