How U.S. Immigrant Students can Benefit from EB-5
The EB-5 immigrant investor program comes with a host of benefits for the investors and their dependents. However, it is the education benefits that often make prospective investors choose EB-5 among other immigration programs. Under the program, investors and their dependents can get access to free education in lower public schools, access to scholarships and …
Exploring U.S. Immigration Pathways
Immigration has always been an integral part of the development of the United States. It has brought with it economic, social, and cultural heightening. Movement of people from different parts of the world in search for a brighter and better future for themselves and their families still continues to be a driving force to the interconnectedness of the world. However, with time and the introduction of systematic approaches, and different political agendas, immigration procedures have become more complex and confusing.
Biden Speeds Up Immigration Processing and Reunites Families
The Biden administration has continued to stay true to their pre-election mandate of tackling the U.S. immigration policies and amending them for the benefit of the people that need it. On February 24, 2021 Joe Biden issued a proclamation revoking the Trump enacted policy which prevented the issuance of new green cards. Proclamation 10014 and 10052 barred entry to the U.S. on the account of the growing pandemic and the need to protect the U.S. people and the U.S. economy.
Fresh Opportunities for Middle East Business and America
What are Entrepreneurs in the Middle East ultimately seeking? What drives them to propel forward in hopes of achieving their ultimate goals? Capital wealth and the recognition of their achievements are generally at the top of their lists. This is further personified by the cities of the Middle East, especially Dubai whereby its progressive and dynamic ecosystem provides ample opportunities for businesses to grow and thrive. Our constantly evolving environment pushes us to unrelentlessly build our standing structure in our field of work and to quantify our success through digits and commas in our respective bank accounts.
Immigrants Positive Impact in the United States
A report published by the Hamilton Project looked at uncovering the extent in which immigrants positively impacted the U.S. economy. This report, although published in 2010, resurfaces at a pivotal time in the American history as the Biden administration is currently reversing various immigration policies that look to make America more accessible to foreign nationals. …
EB-5 Fiscal Year 2019 and 2020 Statistics Reviewed
The United States Citizenship and Immigration Services (USCIS) recently published the 2020 fiscal year statistics for all their visa categories. The statistics detail how many applications the government department received in each quarter of the 2020 fiscal year and of those how many were processed. Comparing the 2020 I-526 petitions for the EB-5 immigrant investor category against the 2019 I-526 petitions will provide an understanding of how the program performed under the 2020 circumstances.
Job Creation Under the EB-5 Program
According to the United States Citizenship and Immigration Services (USCIS) along with the required capital investment of $900,000 participants of the EB-5 program must ensure that their investment creates 10 jobs for qualifying U.S. citizens. While the requirement for job creation differs based on whether the investor chooses to invest in a commercial enterprise that already has preapproval from the U.S. government or a commercial enterprise that does not have this preapproval. The inclusion of job creation requirements is another one of the many reasons why this program is pivotal for the United States.
Renewal of EB-5 Immigrant Investor Program
The EB-5 immigrant investor program was designed by Congress with a sunset provision. This means that every year Congress will review the program holistically and determine whether it is still beneficial to the United States and thus should it be renewed for another year. 30 June 2021 is when the EB-5 program will reach its expiry date and would need to be renewed by Congress. Normally this is not a problem as in the past the program has always been automatically renewed with the omnibus bill, however, Donald Trump decoupled the EB-5 program from the omnibus bill. Meaning that the program would now require independent review and renewal.
Alejandro Mayorkas: Secretary of Homeland Security
Alejandro Mayorkas has been confirmed as the new Secretary of the Department of Homeland Security (“DHS”). His appointment as Secretary of Homeland Security provides him the authority to lead the U.S. Customs and Border Protection department, U.S. Immigration and Customs Enforcement , and U.S. Citizenship and Immigration Services department