Hot off the presses here with late-breaking immigration news: A new office has been created to oversee the EB-5 Immigrant Investor program. Alejandro N. Mayorkas, Director of USCIS, described the new program office. It will be led by an as-yet to be filled Chief of Immigrant Investor Program, with several attorneys added to staff, and also a special Review Board expected by month-end comprised of two officers and one economist. Perhaps the most exciting part of this change is that applicants for regional centers will have the opportunity to clear up potential issues prior to denial.
This exciting change is tacit acknowledgement that the investor visa programs are very desirable to the U.S., ostensibly from the double-whammy benefits of job creation and influx of capital from foreign investors.
For more about the job posting for the Chief of Immigrant Investor Program position, click here: