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>>
