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- Breaking News – USCIS EB-5 Adjudication Center Opens in Washington D.C.
- USCIS to discuss EB-5’s new Electronic Immigration System (ELIS)
- Senator Leahy Introduces EB-5 Amendment for Vote
- How EB-5 Visas Are Reshaping the US Economic Recovery
- Breaking News – Mystery Substance Sent to U.S. Consulate in China Causes Shutdown
Our team of professionals is sought after for their knowledge and ability to deliver research and advice on the EB-5 Investor Visa Program! # 2013/04/11
EB-5 News Archive for the ‘Newsletter and Press Releases’ Category
May 13, 2013 – Senator Leahy (D) Vermont, introduced an Amendment to the Comprehensive Immigration Reform Bill, (S. 744) addressing how indirect and direct EB-5 jobs are documented.
The current rule requires investors to document with econometric evidence that specific benchmarks and milestones in the economic report have been met, particularly job creation.
Senator Leahy’s Amendment proposes: a presumption that 10 indirect jobs have been created per investor at the I-829 stage providing evidence that the investor’s money has been spent in the regional center project.
Many EB-5 professionals believe Senator Leahy’s Amendment will provide much needed flexibility to the regional center program’s job creation requirements. However, Senator Leahy’s Amendment is not without opposition.
Senator Grassley (R) Iowa, has introduced an Amendment (to Senator Leahy’s Amendment) that many industry leaders believe will effectively keep the current practice in tact – investors at the I-829 stage are required to provide evidence that they have created 10 indirect or direct jobs.
Senator Grassley’s amendment also requires regional centers to utilize the Employment Verification System (E-Verify) and authorizes the Fraud Detection and Nationality Security Directorate (FDNS) to conduct random site visits and compliance audits of Regional Centers.
The Amendments are set to be voted on, on Thursday May 16th.
The US consulate in Guangzhou has closed down its visa service since Tuesday morning after its consular section received a letter that contained suspicious powder, the Guangzhou-based Yangcheng Evening News reported.
U.S. officials say an envelope containing an unidentified substance was sent to the U.S. Consulate General in the southern Chinese city, disrupting operations and forcing a temporary closure at the diplomatic center. The Guangzhou unit is the only Chinese Consulate office that processes and interviews EB-5 investors.
An envelope was opened Monday in one of the offices where visa interviews are conducted. No one was injured and precautionary measures have been taken for employees present when the substance was discovered.
According to the US Consulate General Website, The Immigrant Visa Unit is closed for all visa operations through May15. Those with interviews scheduled for on and before May 15 will be contacted with instructions on how to reschedule their appointments. Offices are expected to re-open tomorrow (May 16, 2013).
The State Department would not describe the substance until it’s identified. However, the Yangcheng Evening News reported that the substance was a powder and that it had sprinkled onto an employee’s clothes. A sample of the powder has been sent for identification, and the consulate has informed the Chinese government. It is unknown whether the powder contained hazardous chemicals or it was just a malicious joke. No person or organization has claimed to be responsible.
Nolan Barkhouse, a spokesman for the US embassy in Beijing, said the embassy and consulates in other Chinese cities are not affected by the issue. “The visa services of our consulates in other cities remain open.” There are U.S. consulates in Chengdu, Shenyang, Guangzhou, Shanghai and Wuhan.
When applying for an EB-5 Visa, many focus on the initial approval of the I-526 petition. And while the approval of the I-526 is critical, it is not the final part of the process before immigrating to the United States. After the I-526 Petition is approved, the next step in the process is the consular interview.
The consular interview takes place at a U.S. Embassy or Consulate that has jurisdiction (typically where the citizenship of the applicant lies) over the beneficiary. The purpose of the interview is to make sure the petitioner is not subject to any grounds of exclusion. Upon establishment of admissibility by the consular post, an immigrant visa to the investor is issued. The consular post will also determine if the spouse and the qualifying children of the investor are admissible. If the investor is denied an immigrant visa, applications by the spouse and children of the investor for such a visa will also be denied.
Immigrant visas are usually issued shortly after the interview, unless the consul detects problems in the visa application, the underlying I-526 petition, or during the interview process. Visa applicants should allow six to twelve months after the I-526 is approved to complete consular processing, although times for processing vary greatly among consular posts.
Upon Consular approval, travel documentation and conditional green cards are issued to investors and their family members. Investors are required to enter the US within six months of the date of the Embassy approval. After two years, the I-829 petition may be filed to remove conditions and change green card status from conditional to permanent. Removal of conditions petitions are not conducted by the consular post, but by USCIS.
Immigration officers carrying out the immigration interviews are given great deference in using discretion when questioning applicants. However, there are basic approaches for preparing efficiently for the Consular interview.
Be on time for the scheduled immigration interview. Simply securing an immigration interview appointment can be difficult. With caseloads at record volume, being only minutes late after the slated time in a hectic United States consulate or at U.S.C.I.S. office, can throw the interview off its schedule and possibly endanger the entire case. Therefore, it is a good idea to arrive at least 30 minutes before the reserved immigration interview.
Pay attention to every single question the officer asks and then respond appropriately and truthfully. Listen closely to each thing the interviewer asks. Answer each question specifically. Do not offer less or more information. Not responding to a question or giving the official a great deal more information than requested can confuse and often aggravate the interviewer. The goal is to keep the official as comfortable as possible, increasing the likelihood of an expedited approval. Therefore, it is okay to not remember or not know the reply to a query (rather than risk not being accurate).
Bring a copy of your I-526 petition to the Interview. Even if documents were sent together with the application, access to them could be limited. Therefore, it is a good idea to bring copies of all legal documentation to the interview to insure easy access should the immigration officer request a document.
Under the EB-5 program the investor is issued a conditional Green Card providing Permanent Residency for themselves, their spouse and children (under the age of 21) on an investment of at least $500,000. The investment must result in the development of at least 10 permanent jobs.
While key features of EB-5 are easily stated, the EB-5 process can be arduous and confusing. Besides the Consular interview, the entire process is a vast combination of timelines, deadlines, tax returns, supporting documentation, and due diligence involving, immigration attorneys, the USCIS and the SEC.
An Exclusive Visas Expert EB-5 Consultant will cut through the confusion for the investor by explaining how the program works generally and specifically for the candidate. Exclusive Visas brings together all the elements of the program, manages timelines, and gives the client the broadest likelihood of success.
From petitioning the USCIS to choosing a credible project to invest in, Exclusive Visas will see to it that the investor has all the information necessary to give them peace-of-mind while making the best of the EB-5 opportunity.
Don’t wait another day. Click here to contact an Exclusive Visas Eb-5 consultant now.
Many refer to EB-5 as the Retiree Visa because the EB-5 Regional Center program meets the needs of so many foreigners who want to retire in the U.S. Exclusive Visas regularly consults EB-5 investors who chose this program specifically because of their goal of retiring to the United States.
Why the EB-5 Visa and not any other visa? Visa options are few for retirees. Since retirees have ended their careers, a working visa or a visa based on employment is not an option for those wishing to retire and live in the U.S. permanently.
Through the EB-5 Regional Center Program, retirees have the option to work or not work – if they desire, to live anywhere in the United States, and to travel in and out of the country whenever they wish. And unlike some other visa options, the EB-5 Regional Center pilot program does not require candidates to directly operate a business.
The EB-5 program provides permanent resident status for husbands, wives, and unmarried children (under the age of 21). In return for a $500,000 investment in an approved Regional Center program many can achieve their dream of retiring in the US. The ability to obtain permanent residence makes EB-5 stand out when considering other visa options.
For more on the EB-5 program contact Exclusive Visas. An Exclusive Visas EB-5 Expert will see to it that the retiree has the factual and trustworthy information necessary to give them peace-of-mind while making the best of the EB-5 opportunity. Exclusive Visas brings together all the elements of the program, manages timelines, and gives the client the broadest likelihood of achieving their goal of retiring to the U.S.
Contact Exclusive Visas today for full details on how EB-5 may be able to help you achieve your retirement goals.
The team at Exclusive Visas will be conducting individual meetings in Brazil from May 17th through June 2nd 2013 in Rio de Janeiro, for those interested in learning more about the EB-5 program.
Demand for the EB-5 program has grown substantially, as Brazilians increasingly wish to become US residents without dealing with the hurdles, and delays imposed by other immigration options. The EB-5 Investor Visa program is particularly attractive for those who are not fluent in English, or for those who do not have the option of being sponsored either by a US employer or US citizen family member.
The meetings will be held in Rio de Janeiro, and appointment times, although limited, are still available.
Contact Renata Castro at Renata@exclusivevisas.com or by phone at 55 11 3522 9140.