WR Immigration, a distinguished U.S. law firm that specializes with EB-5 visas, has secured its first approval on a Form I-526E, Immigrant Petition by Regional Center Investor since the U.S. Congress passed the EB-5 Reform and Integrity Act of 2022 (“RIA”).
This is particularly exciting news because it only took around 8 months for USCIS to approve the Form I-526E, without any Request for Evidence related to the immigrant investor’s lawful source of investment capital. It appears that U.S. Citizenship and Immigration Services (“USCIS”) is following Congress’ mandate in the RIA to prioritize the processing of Form I-526Es related to qualifying investments in rural areas.
USCIS must first approve a Regional Center’s Form I-956F, Application for Approval of an Investment in a Commercial Enterprise prior to approving any Form I-526E filed by an immigrant investor in that EB-5 project. WR Immigration filed a writ of mandamus lawsuit against USCIS on the pending Form I-956F earlier this summer and was able to get USCIS to take action and approve the Form I-956F.
Even more exciting is that the immigrant investor, a Chinese national, will face no visa backlog and can immediately apply to the U.S. Consulate in Guangzhou for an immigrant visa, along with his spouse and children under 21 years old. This is because Congress “reserved” visa numbers for immigrants that invest in rural (and high unemployment area) projects in the RIA, thereby creating a fast-track to EB-5 green card status that was not possible until recently.
The EB-5 Immigrant Investor Program allows foreign nationals a route to a green card based on investment through Regional Centers into qualifying U.S. businesses that create jobs for U.S. workers. To schedule a consultation to discuss this incredible opportunity, contact WR Immigration today.