Bob Kraft Speaks at Entrepreneur & Investor Summer in Ottawa
Wednesday, November 28, 2018 - Bob Kraft had the honor of presenting on a panel titled "Does Investor Immigration Have a Future in Canada" during the 2018 Entrepreneur & Investor Summit in Ottawa Canada. Mr. Kraft represented the EB-5 industry association, IIUSA, during the two-day event which brought together investment immigration professionals from around the world.
USCIS Releases Transcript of Meeting with IIUSA
Last month, IIUSA Board of Directors had a substantive and productive meeting with U.S. Citizenship and Immigration Services (USCIS) Director, L. Francis Cissna, USCIS Policy Director, Kathy Nuebel Kovarik, and Immigrant Investor Program Office (IPO) Chief, Sarah Kendall.
EB-5 Regulatory Update
On October 17, 2018, the Trump Administration released the Fall 2018 Unified Regulatory Agenda. The Agenda provided updated timelines for existing regulations including a new date for the "EB-5 Immigrant Investor Modernization" regulation to move to Final Rule on 11/00/2018 which has advanced from 08/00/2018.
IIUSA Reports on Statistics of Form I-526 for FY17
Lee Li, IIUSA Policy Analyst, recently reported on the latest addition of statistics of Form I-526 (Immigrant Petition by Alien Entrepreneur) by investor’s country of chargeability for fiscal year (FY) 2017.
The I-526 analysis aims to illustrate the newest trends and developments among the top EB-5 investor markets in FY2017.
USCIS Filing Chart (B) Update for EB-5 Applicants
Starting October 2018, USCIS will accept adjustment of status (“AOS”) applications from employment-based categories based on cut-off dates set in Chart B of the Visa Bulletin. For China EB-5 applicants, this means that eligible individuals with priority dates earlier than October 1, 2014, may file an AOS application starting on October 1, 2018.
Kraft Submits Response to Wall Street Journal Article
Last week, Invest in the USA (IIUSA), the EB-5 industry trade association, submitted the following response on behalf of Robert Kraft to the Wall Street Journal in response to their print edition commentary "No More Pay-to-Play Green Cards".
EB-5 Immigrants are Investing in our Communities and Creating Thousands of Jobs at No Cost to the