The National Law Review posted an article stating that “the EB-5 China immigrant visa category will retrogress beginning May 2015.” This information was obtained directly from Charles Oppenheim, Chief of the Visa Control and Reporting Division of the U.S. Department of State. It is important to note that EB-5 retrogression will only impact those individuals born in mainland China. Click here to read the full article.
Like Clintons, Bush Family Has Ties to the EB-5 Program
Neil Bush, the younger brother of George W. and Jeb Bush, recently left his position at a Texas company he founded that helps wealthy foreigners obtain green cards, the same type of venture that recently put Hillary Clinton’s younger brother, Tony Rodham, in the spotlight. Click here to read the full article.
EB-5 Processing Times
On April 13th, the USCIS posted the average processing times for the Immigrant Investor Program (IPO) as of February 28, 2015.
- I-526, Immigrant Petition by Alien Entrepreneur, currently has an average processing time of 14.2 months.
- I-829, Petition by Entrepreneur to Remove Conditions, currently has an average processing time of 12.3 months.
- I-924, Application for Regional Center Under the Immigrant Investor Pilot Program, currently has an average processing time of 11.7 months.
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