WR Immigration Director of Visa Consulting Charlie Oppenheim and Joey Barnett provide unique insights on the October EB-5 investor visa outlook. The team also covers the latest updates on the November Visa Bulletin. Watch below!
Chatting with Charlie Webinar: October EB-5 Investor Visa Outlook
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EB-5 Immigrant Investors and Concurrent Adjustment of Status
WR Immigration © 2022 The 2022 EB-5 Reform and Integrity Act (RIA) has modified the Immigration and Nationality Act to allow eligible EB-5 investors and their derivative family members to file a Form I-485, Application to Register Permanent Residence or Adjust Status at the same time the EB-5 investor files a Form I-526E, Immigrant Petition by Regional Center Investor, or at any point prior to Form I-526 approval. Before the RIA, EB-5 investors would need to wait for Form I-526 approval before being eligible to file a Form I-485 creating delays of 2-3 years or more. This concurrent filing can only be done if there is a visa available under the State Department The biggest benefit of a Form I-485 adjustment filing is that it allows the applicants to stay in the U.S. legally while waiting for a decision on their I-526 immigrant visa petitions, which has been too slow. When an individual files a Form I-485 adjustment, they can also file a Form I-765, Application for Employment Authorization and a Form I-131, Application for Advance Parole, for work and travel authorization (called “interim benefits”) during the time in which the Form I-485 is pending. Unless the applicant already has […]
Biden Administration Implements New Actions to Increase Opportunities for STEM Students, Professionals, Others
WR Immigration Attorneys Charina Garcia, Melissa Harms, and Nate Grow addressed these changes in detail in a webinar, which is available on demand now! The Biden administration announced new actions to increase opportunities in the United States for science, technology, engineering, and mathematics (STEM) students and professionals, among others. A White House statement said the new actions are intended to “advance predictability and clarity for pathways for international STEM scholars, students, researchers, and experts to contribute to innovation and job creation efforts across America. These actions will allow international STEM talent to continue to make meaningful contributions to America’s scholarly, research and development, and innovation communities.” According to the Department of State (DOS), in 2020, international students contributed more than $39 billion to the U.S. economy and supported an estimated 410,000 jobs in cities and towns across the United States. “U.S. entities and businesses gain a competitive edge in our global economy with the perspectives and skillsets of international students and scholars, particularly in the STEM fields,” DOS said. Below are highlights of the new actions announced by the Departments of Homeland Security (DHS) and DOS: DHS Initiatives DHS added 22 new fields of study to the STEM optional practical […]
