Friday, January 19, 2018

If a federal government shutdown comes ...

The regional center aspect of the EB-5 Program is not yet permanent.  It is the oldest "pilot" program in federal government.
Here is what I think U.S. Citizenship and Immigration Services (USCIS) will do if a federal government shutdown becomes a reality.
USCIS will suspend processing of I-526 petitions for EB-5 projects affiliated with a regional center.  It will commence processing if Congress extends government operations with a new continuing resolution.
In past interruptions in investor immigrant visa petition processing, USCIS has continued to process I-829 petitions already filed.
Let us hope that Congress continues to re-authorize the regional center aspect of the EB-5 Program, which is responsible for the creation of most of the good jobs for American workers.

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