January 12, 2022

The year 2021 has undoubtedly come with its highs and lows. As the year comes to a close, the U.S. Citizenship and Immigration Services has released a report detailing preliminary fiscal year (FY) 2021 agency statistics and accomplishments, some of which have impacted EB-5 investors and stakeholders.

USCIS Director Ur M. Jaddou said in a statement she was proud of the USCIS during a very challenging year, “From responding to the COVID-19 pandemic and addressing processing delays to enacting numerous operational and policy changes in response to executive orders from the Biden-Harris Administration.” She said the year marked one of growth and renewed vision for the agency.

In 2022, she said the agency will continue to serve the public “with compassion and reflect America’s promise as a nation of welcome and possibilities for all.” She added that the agency “will adjudicate requests with fairness, efficiency and integrity.”

Challenges faced in 2021 for EB-5 investors and applicants

Some of the challenges the agency endured during 2021 include challenges with fiscal health, temporary flexibilities in response to COVID-19, employment-based adjustments and processing delays.

Regarding employment-based adjustments, USCIS noted the challenge of processing over 237,000 employment-based Green Card applications—apart from the agency’s usual 115,000, plus an additional 122,000 immigrant visa numbers that the Department of State was unable to process in FY 2020 due to the COVID-19 pandemic. By the end of FY 2021, USCIS approved over 172,000 employment-based adjustment of status applications, an increase of 50% above the typical baseline, the report showed.

Processing delays saw an increase in pending cases and processing times. USCIS addressed processing delays by reusing biometrics for 2.5 million applicants since March 2020; reducing the number of pending biometrics appointments from 1.4 million in January 2021 to 155,000 as of the end of September; and fully eliminating the “front-log” of cases awaiting intake processing—which was more than one million receipts in January 2021 and was eliminated in July—by expanding staffing and overtime at their lockbox facilities.

“With the large number of pending applications that are not being reviewed due to the lapse of the Regional Center portion of the EB-5 Program, we would hope that some of these measures to address delays are implemented once the program is reauthorized,” says Rogelio J. Carrasquillo, Esq., Shareholder at Carrasquillo Law Group P.C. “Otherwise we may see a crazy number of delays which may increase the number of legal actions by investors against USCIS for the processing of their applications.”

USCIS achievements in 2021 when dealing with visa and immigration petitions

Regarding the agency’s response to executive orders, the agency noted they promoted naturalization and continued to process naturalization cases at pre-pandemic levels during 2021 and completed approximately 895,000 naturalization applications, conducted more than 52,000 video-facilitated interviews, and hosted more than 40,000 naturalization ceremonies.

Another accomplishment mentioned in the release was increased public engagement by the agency, which held more than 2,000 virtual engagements covering more than 20 topics, including citizenship/naturalization, online filing, family-based petitions and business immigration. The agency also highlighted their transition from paper applications to a fully digital filing and adjudication experience, such as expanding and enhancing self-help tools for applicants online and through the agency’s Contact Center to provide more efficient and timely service. Additionally, the agency mentioned its increased data transparency as an accomplishment, noting the USCIS has increased data transparency and availability of new and expanded quarterly reports.

Carrasquillo says he hopes in the new year that Congress will provide a permanent solution for the reauthorization of the EB-5 Regional Center Program.

“This reauthorization should include an increase in the number of available visas in order to jump-start the program and the confidence of foreign investors,” says Carrasquillo.

Although the EB-5 Direct program is permanent and Carrasquillo says they are seeing a small number of investors taking advantage of such programs, “the numbers are not sufficient to cause the economic impact that the regional center program could have with the larger amounts of foreign direct investment flowing into our economy.”

However, he says, at the same time, they “expect a steady number of direct EB-5 investors as the amount of investment remains at the $500k amount.”

(By Anayat Durrani – EB5 Investor)

January 12, 2022

With the New Year in full swing, there’s some movement on the EB-5 front. The Department of Homeland Security (DHS) today filed an unopposed motion to dismiss its appeal to the Behring Regional Center lawsuit.

The appeal was filed in August 2021 by Alejandro N. Mayorkas, Secretary of Homeland Security; Tracy Renaud, Acting Director, U.S. Citizenship and Immigration Services; Edie Pearson, USCIS Policy Branch Chief of the Immigrant Investor Program Office.

In Behring Regional Center v. Wolf case, the Behring Regional Center and the Greenberg Traurig law firm got the courts to disallow implementation of the EB-5 Modernization Rule, which reversed the required investment amount from $900,000 back to $500,000.

“The decision to dismiss the appeal provides clarity that all the direct EB-5 cases filed with the reduced amount of $500,000 are approvable and the prior rules on targeted employment areas are in force,” said Bernie Wolfsdorf, former President of the American Immigration Lawyers Association.

What the DHS dismissal means for the EB-5 industry

Judge Jacqueline Scott Corley issued a ruling on the Behring Regional Center lawsuit in June 2021, which found former Homeland Security Secretary Kevin McAleenan not lawfully serving in his position when he established the EB-5 Final Rule. The EB-5 Modernization Rule increased the minimum investment amount from $500,000 to $900,000 if the project is located in a Targeted Employment Area (TEA) and from $1 million to $1.8 million if outside of a TEA.

Michael A. Harris, Esq., immigration lawyer for HarrisLaw, P.A. says the withdrawal of the DHS appeal of the Behring lawsuit means that EB-5 investors and the industry will be waiting to see if one of two things happens.

One of those is whether USCIS “promulgates new regulations which increase the minimum investment amount, provide new standards for determination of a TEA project location, and other integrity reform measures for investors, regional centers and projects,” he said. He says a prior regulation allowed for displaced EB-5 investors to preserve their priority date when re-filing due to a failed project, and added, “How will USCIS address this scenario and others in the future?”

He says the other possibility is if Congress passes new legislation codifying the regulations that USCIS sought to create.

“Whether this also includes a revival of the EB-5 Regional Center Program and other changes is uncertain at the moment. There have been proposed changes to the EB-5 Program since 2015, but so far Congress has not passed any of them,” says Harris.

Impact on EB-5 investment amount and reauthorization

The current minimum investment of $500,000 and state-determined high unemployment TEA designations may stay unchanged for months, Harris said.

The news of DHS filing an unopposed motion to dismiss its appeal to the Behring Regional Center lawsuit is welcome news in the interim.

“This is huge for the EB-5 direct program, and when Congress reauthorizes the Regional Center program, hopefully next month, we are going to see demand for EB-5 skyrocket,” said Wolfsdorf.

(By By Anayat Durrani – EB5 Investors)

 

December 10, 2021

Unprepared for COVID, Greece last year ceded the EU golden visa status to Portugal. Now, the Greeks are back – with a vengeance

Greek immigration authorities approved 193 main applicants and 1,078 of their family members for golden visas in the month of October , figures from Enterprise Greece this week show . · ” Thanks to the Q3 sprint , Greece has approved an aggregate of 747 applications so far in 2021 , a number that for the first time this year – exceeds that of Portugal’s golden visa , which has approved 698 applications in the first ten months of this year .

That makes the Greek golden visa Europe’s most popular ( again ) , and there is much to indicate the revival is still at an early stage . The 193 applications approved in October amounts to 48 approvals a week during the month , nearly twice the rate of 26 weekly approvals granted in the last reporting period , June 1st – September 30th ( where Enterprise Greece has previously only published golden visa data 3-4 times a year , this latest update comes but a month after the last one ) .

Should Greece be able to continue processing at this pace , the program will see more than 1,100 main applicants receive golden visas in 2021 . It also indicates that Greece will reach its 10,000th golden visa approval sometime in Q1 next year , a milestone Portugal’s program reached this September .

About one quarter ( 50 ) of investors issued golden visas in October were Chinese nationals . Russians accounted for 27 approvals , Turks for 21 , Lebanese 13 , and Egyptians 13 . Americans were the 7th biggest applicant national during the month , with six Americans approvals . On a cumulative basis , since the program’s beginning , Americans rank 9th overall , with 92 approvals . Most of these , tellingly , have been recorded in the last 18 months .

(Christian Club Henrik Nesheim imidaily.com)

December 10, 2021

Citizenship applicants who have representatives can now apply online, although the representative still cannot apply on their behalf.

Canada’s online citizenship application portal is open to people who have representatives, but reps will not be able to apply on their behalf until sometime next year.

Immigration, Refugees and Citizenship Canada (IRCC) expanded its online portal to include applications from applicants who have representatives on November 30.

“These applicants will still need to complete, sign, date and submit the application themselves and must not share their account access or password with anyone, including their representative,” IRCC said in an email. “Representatives cannot yet apply online on behalf of an applicant, but they can still provide advice on completing the application and they can communicate with IRCC on the applicant’s behalf after the online application is submitted.”

This is the latest move in modernizing the citizenship application system. Single applicants have been able to apply for citizenship online since August. Recently, Canada also started accepting proof of citizenship applications online. These documents allow the foreign-born children of Canadians to prove their right to citizenship.

In 2022, IRCC says it will open the online applications to:

  • Families,
  • Minors,
  • Representatives to apply on behalf of their clients, and

Clients who are declaring residence outside of Canada as a crown servant or with a crown servant family member.

(Source: CIC News)

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