Pnwerc

In January, the Department of Homeland Security (DHS) published two separate proposed rules in the Federal Register, one addresses program monitoring and oversight, the other addresses TEAs and investment amounts. The deadline to provide comments on either of the proposed regulations is next Tuesday, April 11th. At this time DHS has not provided an... y further information on the status of these proposed regulations in light of President Trumps regulatory freeze so it is critical that the industry submit comments of the potential negative effects that these regulations pose for the EB-5 Program. If you have not yet provided your comments to DHS on either of the proposed rules you can do so by following the steps below. It is imperative that as many EB-5 stakeholders as possible submit comments before the deadline. IIUSA will be submitting comments on behalf of the Association for both the NPRM and the ANPRM, but it is critical that individuals and companies submit their own comments as well. ( more... ) The EB-5 program puts Americans to work. According to a recent Commerce Department study, in fiscal year 2012-2013 alone, global EB-5 investors provided $5.8 billion in foreign capital to invest in 562 projects in communities from California to Alabama and created an estimated 174,039 jobs. Thats a hefty economic punch for a program that operates at no cost to taxpayers. Yet, unless Congress acts quickly, the EB-5 Regional Center program will expire on April 28. For 27 years, EB-5 has been repeatedly reauthorized with large, bipartisan majorities. Now, some vocal critics and classic Washington intransigence threaten the survival of the program and the jobs it helps to create. ( more... ) USCIS to Host Stakeholder Webinar on Form I-924 Wednesday April, 26 U.S. Citizenship and Immigration Services (USCIS) announced that it will host a webinar on Wednesday April, 26 from 1:00 to 2:30pm (Eastern) to discuss the Form I-924, Application for Regional Center Designation Under the Immigrant Investor Program. This webinar ...Read More