Earlier today we posted a video blog regarding the fact that in the first quarter of the fiscal year 2012 the USCIS issued more than 2300 EB5 visas. Many of our readers have asked us to give statistics for EB-5visa usage in earlier years.
Below you will see an official USCIS slide from the recent EB5 stakeholders conference call that details the EB-5 visa usage ffrom 2005 though first quarter 2012.
If you would like to discuss how these figures might impact your EB=5 visa application please contact us immediately for a free briefing.
As many of you are aware, I am a first generation immigrant and profusely proud to be “An American”. Yesterday the USCIS launched a campaign to increase U.S. Citizenship by encouraging Legal Permanent Residents (Green Card holders) to become citizens of this great country. One of the tools they are using is a video staring new immigrants who share their experiences on becoming U.S. Citizens. Watch the video then share this with everyone you know.
U.S. citizenship means a better life. BORN IN THE PHILIPPINES. I chose opportunity. BORN IN MEXICO. I chose freedom. BORN IN VIETNAM. I chose responsibility. BORN IN CHINA. I chose to become an U.S. citizen. BORN IN THE UNITED KINGDOM I’m a proud American.
Share this with everyone you know so that they might one day enjoy the benefits of becoming an American Citizen.
Currently the EB-5 regional center pilot program is due to expire in 2012.
The next question many ask is, will the pilot program be extended beyond that date?
The history of the pilot program has seen a series of extensions as the program was about to time out with extensions granted several times. However, to date, despite a series of plans at the time of writing, the program has not been made permanent.
Some argue that as the EB-5 program is tied to the creation of much needed American jobs at a difficult time for the nation’s economy it would seem only logical that the program is made permanent.
However, no one could ever say that logic should interfere with political reality! And there are a number of political issues at work that are not always apparent. Although there is strong support by influential members in Congress to make the pilot program permanent, there are other issues to consider.
To some extent all immigration is caught up in the issue of comprehensive immigration reform which has been on the agenda for some time. This is not necessarily a popular issue with voters and with elections in 2012, timing for further extensions or making the program permanent may not be good.
Within congress the Hispanic caucus has its own agenda and with their votes important in any moves for an extension they may not be minded to vote for the extension of any immigration program, including the EB-5 pilot program, without obtaining concessions for their own immigration priorities.
When looking at the overall picture there can be no certainty that the program will be made permanent or indeed extended for a further period.
WhichEB5.com, its owners and associates, do not function as attorneys or legal counsel and do not attempt to interpret immigration law and do not provide or offer legal advice or legal services or investment advice. Anyone considering an Investment based Visa should seek independent professional advice. The information on this site is intended to be general on the subject of the EB5 investment visa green card program and should not be relied upon for any specific situation. Any reference to designated regional centers on this website is posted as reference material only. For legal advice, please contact one of our attorneys. Prior results do not guarantee a similar outcome. Results depend upon a variety of factors unique to each person. Which EB5 is a service of Ireeco LLC 1515 N.Federal Hwy. Suite 300 Boca Raton Florida 33432 USA Telephone: +1-561-771-1330.
