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.  The rise in the number of applications have been the result of businesses that are in need for cash to either stay in business [...]

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 [...]