EB5 Investors: USCIS Launches New $20K Fee for EB-5 Regional Centers, Managing Partner Bernie Wolfsdorf Responds

Mar 7, 2023 | Investor Visas

The Department of Homeland Security has posted a Federal Register notice alerting EB-5 stakeholders that the USCIS will begin collecting funds for the EB-5 Integrity Fund to administer the EB-5 Regional Center Program, as required by the EB-5 Reform and Integrity Act of 2022.

In their blog piece analyzing this update, EB5 Investors Magazine staff reached out to WR Managing Partner Bernie Wolfsdorf for comment. In the article, Wolfsdorf states, “[t]he decision by USCIS to collect a $20,000 Integrity Fee from regional centers in addition to all the other fees collected, is highway robbery, especially when coupled with the threat to terminate the designation of any regional center that does not pay the fee within 90 days of the due date.”

To read the entire blog piece, visit the EB5 site>>

Related Posts:

Time to Feast: EB-5 Visa Outlook in FY 2024

A denial of removal of conditions on an EB-5 case usually occurs because the jobs were not created, but a denial can also occur because of the source or path of funds, or fraud or misrepresentation.  I-829 denials are a daunting setback for EB-5 investors because the applicant and their family have usually been settled in the US for many years.

Five Things Investors Should Ask When Selecting an EB-5 Project – Due Diligence 101

By: Joseph M. Barnett, Esq. With 39,443 I-526 EB-5 petitions filed in the past three fiscal years, at least $19 billion has been invested in the U.S. economy through the EB-5 Immigrant Investor Program during the period from October 1, 2014 to September 30, 2016.  As of May 30, 2017, there are 1,258 Regional Centers designated by USCIS.  […]