EB5 for Investors
EB-5 now a safer option for investors
The main point for the reauthorisation of the EB-5 Program was to implement important regulatory changes which have been on the horizon for many years and which also address some of the key issues stakeholders and investors alike had with the EB-5 Regional Center Program. One such element of the EB-5 Reform and Integrity Act of 2022 was the introduction of measures to reduce the risk of fraud and increase investor security by holding Regional Centers, consultants, lawyers, and other EB-5 participants accountable to USCIS.
This is being done through the requirement of annual audits, a higher level of transparency and background checks for key players within Regional Centers, and various registrations of new projects.
All of these elements combined mean that EB-5 investors can now participate in the program with a greater sense of security than any time since the inception of the program in 1993.
Early access to the US
Taking into consideration the processing times of green card applications generally over the past few years, the EB-5 Reform and Integrity Act will now allow for quicker entry into the United States for those EB-5 applicants who are eligible through an Adjustment of Status (AOS) concurrent filing. Investors who have submitted their I-526E (initial EB-5 application) can now also do a concurrent filing for Adjustment of Status at any time during the processing of their green card application. Previously, the AOS filing could only be done after an individual received an approval on their I-526 which created a longer timeline for entry into the United States. For those who already hold various US visas, this concurrent filing is a game changer. Once a
concurrent filing is done, an applicant then waits for as short as four months until they receive both an Employment Authorization Document, which gives them the right to legally work in the US and a travel document which allows them to travel freely outside of the United States.
Leading EB-5 firm in Hyderabad India
Those who would like to participate in the new EB-5 program with a set of arguably better protections for investors, can get in touch with Blue Ocean. As the leading EB-5 firm in Hyderabad. We currently have projects available in all categories to suit each and every individual investor. Blue Ocean vast legal and EB-5 network allows them to provide not only expert service but also exclusive projects including those where they have successfully received approvals on expedited requests for many clients.
Blue Ocean lawyers are happy to sit down with you to properly put a plan in place for your individual EB-5 journey. Under the aegis of Bobby, who himself is a lawyer specialised in the US immigration statutory framework, we have a 100 per cent track record of approvals, with over 6+ years of experience in the EB-5 industry, making it well positioned to provide clients with the expertise necessary for success. Contact us