1.EB5 New Form I-526E released
On the afternoon of July 12, Eastern Time, the US Citizenship and Immigration Service released Form I-526E for investors participating in the Investment Immigration Regional Center Program to apply for U.S. immigration status.
For new investors in the EB-5 Regional Center project, the required forms for application are already complete!
Form I-526E replaces the regular Form I-526 and requires investors and regional centers to make extensive disclosures.
I-526E Form requires the following information:
Receipt number for filing Form I-956F (Project Request)
Factual information about EB-5 program participants
Investor net worth
EB-5 Source of investment funds
Details of all expenses
Disclosure of investment In addition to the person's prior employment authorization and compliance with U.S. law
, Form I-526E also includes an "Amendment" section, which is applicable to older investors who need to amend their I-526 petition.
Application fee comparison The I-526 form remains unchanged at US$3,675. Each investor submitting an I-526E application for the first time also needs to pay a separate biometric service fee of US$85.
In addition, the USCIS also stipulates on its official website that if investors submit Form I-526E on or after October 1, 2022, they will need to pay an additional $1,000 in accordance with the requirements of the EB-5 Reform and Integrity Act of 2022. .
2. All available visa quotas will be released in fiscal year 2022!
Last week, the US Citizenship and Immigration Service issued a new requirement: all available visa quotas should be released before the end of this fiscal year!
The annual immigration limit of the United States is 675,000. Taking into account the unused visa quotas in the previous fiscal year due to the epidemic, in theory, the United States has a total of 260,000 green cards for employment-based immigrants in the 2021-2022 fiscal year; including the fifth category of employment-based immigrants The visa, also known as the EB-5 visa, has a quota of 19,980 visas this year.
Calculated, in this fiscal year, there are more than 6,000 reserved visas (applications are not scheduled), and more than 13,000 non-reserved visas. And this fiscal year is coming to an end, and such a huge number cannot be used up by either new applicants or old applicants.
Moreover, according to the reservation rules of the new regulations: unused investment immigration reserved visas can be reserved for use in the second fiscal year; if these visas cannot be used up in the second fiscal year, they will be used in the third year Transfer to the non-reserved EB-5 visa pool.
3. The U.S. immigration August schedule update
EB5 reserved visa project still has no schedule
EB-5 category. The three categories of rural areas, high unemployment areas and grassroots construction projects are still displayed as "C", that is, has no schedule .
Therefore, it is still the golden window period for applying for the EB5 reserved visa project!
Seize the application window period and select projects as early as possible to seize quotas
In fact, the introduction of the "EB-5 Reform and Integrity Act of 2022" is a direct reflection of the legislative body's efforts to welcome foreign investors to the United States and standardize the regional center plan .
Another good news about the EB-5 project is that applicants who choose to invest in any type of "reserved visa" project can submit I-526 and I-485 applications at the same time in the United States.
This means that during the application period, students in the United States can still legally live, work and study in the United States after graduation, or those holding tourist visas and other visas after the expiration of their stay period, and enjoy the "green card" qualification in advance. It provides applicants born in mainland China with the option of skipping the queue, and also provides families with conditions to enter the United States with an excellent opportunity to land in advance!
As the USCIS begins processing the I-956 series of forms and the I-526E form released today, it can be expected that the fast lane for EB5 reserved visas will be filled up immediately.
