Client Alert!
On October 11, USCIS issued additional guidance on their interpretation of changes to the EB-5 Immigrant Investor Program in the Immigration and Nationality Act (INA) made by the EB-5 Reform and Integrity Act of 2022 (RIA).
This guidance clarifies the required investment timeframe for EB-5 investors who file Form I-526, Immigrant Petition by Standalone Investor, or Form I-526E, Immigrant Petition by Regional Center Investor, on or after enactment of the RIA (March 15, 2022), as outlined in the RIA. This guidance also clarifies their interpretation of INA 203(b)(5)(M), regarding investors who are associated with a terminated regional center.
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