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Existing EB-5 Regional Centers May Resume Operating

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Existing EB-5 Regional Centers May Resume Operating

Friday, June 24, 2022- Judge Vince Chhabria United States Judge of the Northern District of California granted a preliminary injunction paving a path for existing regional centers to resume operating and processing new I-526 petitions with the United States Citizenship and Immigration Services (USCIS).

This action continues to ensure that investors are granted the full benefits of the Integrity Act and existing regional centers are required to comply with the new enhanced requirements, while allowing progress to continue for EB-5 stakeholders.

“Accordingly, USCIS is preliminarily enjoined from treating as deauthorized the previously designated regional centers based on its almost certainly erroneous interpretation of the Integrity Act. Of course, the agency may do whatever is reasonably necessary to ensure that the existing regional centers comply with the Integrity Act, but those centers must presently be permitted to operate within the regime created by the Act. This includes processing new I 526 petitions from immigrants investing through previously authorized regional centers like Behring, just as the agency would do for a newly approved regional center.” - Judge Vince Chhabria

FirstPathway Partners will continue to work with top immigration counsel to ensure investors can navigate both the best and fastest path forward to acomplish your immgration gaols. Contact us to learn how to incorporate these practices into your journey. We are currently accepting investor deposits in escrow to prepare for the swift filing of I-526 petitions. 

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