Archive for immigrant investors
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More and More Foreign Nationals Investing Millions for Green Cards
The Washington Post reported today that number of foreign nationals who have applied for permanent residence (a green card) based on their investment between $500,000 to $1 million in a U.S. business has approximately tripled in the past fiscal year.Â
The rise in the number of applications have been the result of businesses that are in need for cash to either stay in business or to [...]
USCIS Extends Certain Immigration Benefits Until September 2012
The U.S. Citizenship and Immigration Services (USCIS) reported today that the Department of Homeland Security (DHS) Appropriations Act of 2010, signed by President Obama on October 28, 2009, has extended the E-Verify, the Immigrant Investor (EB-5 Pilot Program), the Special Immigrant visa category for non-minister religious workers, and, the date by which J-1 nonimmigrant exchange visitors must obtain J-1 status to qualify for [...]
USCIS Clarifies the Criteria for Immigrant Investors
The U.S. Citizenship and Immigration Services (USCIS) issued a guidance memorandum yesterday that clarifies the definition of job creation and the meaning of full-time positions in the EB-5 Immigrant Investor Program.
The guidance memorandum clarifies the requirement of employment creation and, what is considered as a permanent job for the purposes of the invesment based immigrant visa petition.
Under the guidance memorandum, The USCIS will now [...]
