Permanent Residency through Employment can be a daunting undertaking for even the most organized immigrant trying to gain a green card in the United States. Take some tips from BMK LLP in order to understand this process and get organized to make your permanent residency through employment a success. From the applicant’s perspective, there are […] Read more..
The Department of Homeland Security (DHS) is reportedly considering new regulations that would limit the ability of H-1B workers who are in the lawful permanent residence (LPR) process to obtain an extension of their H-1B status beyond the usual six-year limit of authorized stay pursuant to AC21 (The American Competitiveness in the 21st Century Act). […] Read more..
We would like to invite you to a panel featuring one of our top EB-5 attorneys taking place October 19th in NYC. The EB-5 program is at the core of the 10,000+ green cards that have been issued to foreign investors over the past few years. Here at BMKLLP, our attorneys have been assisting such […] Read more..
What is EB-5? The EB-5 Program, launched in 1990, has been stimulating the U.S. economy by offering Conditional Permanent Residence to immigrant investors who create jobs for U.S. workers. The program has undergone many seismic shifts since its inception, which, combined with lengthy processing timeframes, has caused confusion and misinformation regarding the program to spread. […] Read more..
Yesterday, Congress reached a deal with the White House that, once passed at some point this September, would extend existing funding levels and other program authorizations (such as EB-5) included on the last “continuing resolution” (“CR”) through 12/8/17. The EB-5 authorization comes in Section 105 text of the deal released yesterday which: Continues all authorities, requirements, […] Read more..
Foreign investment from EB-5 visas could significantly increase if proposed changes to the program are passed into law by Congress or implemented through new United States Citizenship and Immigration Services (USCIS) regulations. Adjustments to EB-5 spousal and child visas, along with changes to investment amount requirements, could open the door for the provision of these […] Read more..
The EB-5, or employment-based fifth preference visa program, has been a route of access since 1990, allowing immigrant investors to streamline the green card process for themselves and their families. We have been closely watching EB-5 reform efforts of late, given that the current extension of the Regional Center Pilot Program is due to expire […] Read more..
The Department of Homeland Security (DHS) has issued a notice of proposed rule-making to be published on January 13, 2017 to amend the regulations in relation to the employment-based, fifth preference (EB-5) immigrant investor classification and associated regional centers. The purpose of the proposed amendments is to modernize the EB-5 program. DHS will accept comments […] Read more..
In 1990, Congress created the EB-5 program to stimulate foreign investment within the United States. Under the program, immigrants can receive permanent residence if they make the required financial investment in a U.S. commercial enterprise and create 10 full-time jobs for American workers. In 1992, the program was expanded to set aside a certain number […] Read more..
The Immigration Act of 1990 created the EB-5 Program to provide visas for immigrants who were willing and able to invest in commercial enterprises in America. Though there have been some changes to the program, it now generates billions of dollars in foreign investments. Eligible investors are granted conditional permanent resident status for two years. […] Read more..