2022 New EB-5 Law: Top 3 Changes for Investor

The EB-5 Reform and Integrity Act of 2022 brings about a framework shift for the EB-5 Industry.

This videos discusses the Top 3 Changes that will affect investors:

1. Minimum investment amount is not set for the next 5 years until 2027: $800,000 for TEA projects and $1.05M for non-TEA projects.

2. Concurrent filing is now available. This means that EB-5 will become much more attractive to people already in the U.S. on other non-immigrant visas such as F or H-1B.

I note in the video that currently (March 2022) that China and Vietnam is backlogged. But Vietnam may become current (or backlogged) in April depending on how the new visa set-asides (which I don't discuss in the video) are calculated. In other words, concurrent filing may still be available for Vietnamese people already in the U.S. so please check with an immigration attorney!

3. EB-5 investors will no longer have to worry about future Regional Center Program lapses. This will provide more stability and predictability, which will in turn incentivize Regional Centers to bring more projects to the market.

EB5 Visa Process Explained in 7 Steps

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In this video, U.S. immigration lawyer Michael Ashoori, explains the EB5 visa process in 7 steps:\r

1. Consult with an immigration lawyer\r

2. Select a business or project to invest in\r

3. Make the investment\r

4. Prepare and file from I—526\r

5. Adjustment of status or consular processing\r

6. 2-year period of conditional permanent residence\r

7. File form I-829\r

READ THE BLOG POST RELATED TO VIDEO HERE: \r

https://www.ashoorilaw.com/blog/eb-5-process/\r


ABOUT MICHAEL ASHOORI, ESQ. \r

My name is Michael Ashoori and I'm a U.S. immigration lawyer. As an immigration lawyer, I help families, professionals, investors, and entrepreneurs get visas, green cards, and citizenship to the United States. Since starting my law firm, I've helped people from all over the world with their immigration needs. \r

Michael Ashoori, Esq. \r
Immigration Attorney \r
Website: https://www.ashoorilaw.com/ \r
Office Phone: 818-741-1117 \r
Email: michael@ashoorilaw.com \r


DISCLAIMER: This video and content is designed for general information only and is NOT legal advice. The information presented in this video should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. The information presented in this video does not create an attorney-client relationship nor is it a solicitation to offer legal advice. If you need legal advice, you may contact me personally or contact another attorney. You should seek the advice of an attorney in your jurisdiction before taking any legal action. As such, I disclaim all liability with respect to actions taken based on any information presented. Nothing herein is intended to nor constitutes a guarantee, warranty, or prediction regarding the outcome of your legal matter. Every case is different and outcomes will vary depending on the unique facts and legal issues of your case. Thank you. \r


ATTORNEY ADVERTISING: My YouTube channel and all of my videos on YouTube that invite you to contact me directly and/or visit my website are attorney advertising. If you found this video valuable, give it a like! If you know someone who needs to see it, share it! Add it to a playlist if you want to watch it later! Leave a comment below with your questions and thoughts! \r


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Omer Rosen : Hey Ashoori,
My husband and I are in the US for relocation since June 2018 (I'm L1B, he's L2B).

I am currently in the process of applying for a greencard, however, was told that this will be a long process that will take at least 1.5 years.

I have real estate in Israel worth approximately 800,000$.

Do you think by using these funds and investing them in a US business, I will be able to receive a conditional greencard faster than through my L1B?

Thanks in advance,
Omer
FlightEvolution : @Ashoori Law. Fantastic video mate. I'm in the field myself and was looking for a video to use to explain the process to our office interns. Nice work.
Pedro Vzla : Hello. Thank you for posting this video. I have a question. Can you slowly grow a business in the US (while living outside the country) until it reaches the investment amount and then move and apply?
Heatscore : This is a great video. I’m a DJ, label owner and entrepreneur and my wife works for an international (NZ) company. We are Canadians and would love to move to the United States. Would you recommend taking a different approach than a EB-5 visa given our particular circumstances or should we sell everything we own in Canada and try to open a business in the states? Thank you for all the info
Badrinath Krishnamurthy : Thank you very much for the content.
1.After getting the EB5 Green card in hand, does that EB5 green card holder have the freedom to start and operate/run actively multiple other business in addition to the EB5 business. Please advise.
2. Does the way a person get a green card impart any restrictions on what that kind of activities/businesses/work that person can pursue after getting the green card.

Explaining EB-5 Regional Center Re-authorization and Changes

Watch this playlist to learn more about the EB-5 visa program ► https://bit.ly/3t8qfcu
Watch our latest video: Houston EB5 Corporate Video https://bit.ly/3MRcvKQ

0:00 breaking news: eb-5 regional center re-authorization
0:54 program extension and “grandfathering”
1:41 adjustment of status
3:15 investment amounts
3:53 TEA changes and rural projects
8:39 other changes

4 Key changes to the EB-5 Regional Center Program:

Re-Starts Adjudication: The Act re-starts USCIS adjudication of pending I-526 petitions and pending I- 485 Adjustment of Status Applications based on approved I-526 petitions. The Act also re-starts Department of State (“DOS”) processing of approved I-526 petitions at the National Visa Center and U.S. Consulates. If you already have an initial I-526 approval please reach out to your immigration attorney to schedule your visa appointment.

5-Year Reauthorization: The EB-5 Program has been reauthorized for the next 5 years, through September 30, 2027. The 5-year reauthorization gives the EB-5 Program long-term stability. The Act provides express protection to EB-5 investors from a potential future lapse so there will be no future pauses in your EB5 process like the one you suffered from June 30th to March 11th.

Simultaneous Filing of Adjustment of Status: It is now possible to simultaneously file an I-526 petition together with an application for Adjustment of Status (Form I-485) with USCIS in the U.S. To be eligible for Adjustment of Status, applicants must hold lawful visa status in the U.S. Simultaneously filing the I-526 EB-5 green card petition with I-485 Adjustment of Status gives investors the possibility to live in the U.S. while awaiting USCIS adjudication of the I-526 petition. Adjustment of Status provides the investor and family with a temporary work permit and travel permit while awaiting adjudication. Simultaneous filing of Adjustment of Status is available to I-526 petitions that are already filed. Please reach out to your immigration attorney to see if you and your family qualify to live in the US while you await your I-526 approval.

Processing times: The Act requires USCIS to increase the pay of employees administering the EB-5 program, which opens the door towards additional staffing and faster processing of EB-5 cases. The fees associated to run an EB5 Regional Center have also increased considerably. These fees should help the USCIS to get the resources it needs to better execute the program. In this respect, the Act also requires an official evaluation of processing times to be done next year.


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Kamal Kamar : Good news
But how they will start the process in USCIS . They must look to older investors first
Brian Lai : sign me up!!! <3 xoxo

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