WebAVAILABLE EXPEDITED EB-5 PROJECTS Investment Amount: $800,000 TEA QUALIFIED! Some EB-5 agents are saying this in their letter: "For expedite requests relating Is Reauthorization for the Regional Center Program Getting Closer? Successfully applying for expedited status requires careful planning on the part of the project sponsors. EB-5 Resources We use cookies for analytics, personalized content and ads. He has successfully represented investors in federal court in mandamus actions for pending immigration cases, including EB-5. The vast majority of projects do not qualify. Fortunately for the region, the hospital was purchased by a new operator, Hospital Innovations LLC (the new commercial enterprise, or NCE), which is controlled by Dr. John Johnson, and reopened in March 2021, once again treating patients from counties in Ohio and neighboring West Virginia. This documentation and a cover letter summarizing the main points should be provided to each investors immigration attorney. If the developer does not have sufficient funding or has not received all the necessary licenses and approvals, the project could be in jeopardy, making it risky for the EB-5 investor. EB-5 Immigrant Investor Program | USCIS PREPARING AN EB-5-RELATED EXPEDITED REQUEST. The benefits of living in the United States, including a high-quality public education system, state-of-the-art medical facilities, and political and economic stability, are worth the wait, but the years spent in limbo at the mercy of U.S. EB5 In this type of expedite request, a nonprofit needs an investors visa petition to be processed more quickly due to the investors key role in furthering cultural or social interests. On the other hand, if the expedite request is based on the project teetering on the verge of failure and bankruptcy because it has no other sources of funding, not so much. Investors who choose to pursue this route should make sure their EB5 investment is involved with tangible assets for some extra security. Expedited EB-5 investments considered to be in the national interest and other criteria can get expedited approval by the U.S. Although an expedited EB-5 project can lead to a quicker I-526 adjudication process, there are other factors that prospective investors should consider before seeking out an expedited project. The EB-5 investment program has been a reliable way to get U.S. permanent resident status for investors and their immediate family members. (Although there can be no guarantee of expedited processing, no investors in any of our addiction treatment projects have had their requests denied by USCIS. In one example, a Brazilian investor who had a brilliant son, but who unfortunately was also plagued with a rare muscular disorder that would ransack his body. Want to get expedited approval of your EB-5 Although a successful expedite request is a powerful and effective option for Regional Centers and investors, it doesnt mean its the correct option for everybody. Wise Path Recovery Centers website . Mohan Kumar's Journey to Fund an Investment for His Son's Green Card with the EB5AN Kolter Twin Lakes Rural EB-5 Project, EB5AN Shares Insights from Real EB-5 Investors in Rural and Urban TEA Projects in New EB-5 Investor Interview Series, USCIS Grants First-Ever Rural EB-5 Project Approval, Offering Expedited Path to U.S. Immigration for EB-5 Investors. New York photo: by Free-Photos - www.freepik.com, *(Subject to conditions described in PPM), https://www.eb5investors.com/blog/eb5-expedited-appoval-projects, Subscribe to Receive Our Expedited EB-5 Project Updates, $800,000 investment for TEA (Targeted Employment Area) projects, Recession-proof business model huge demand for addiction treatment with limited supply of services, Typically, 80%-90% of revenue comes from the U.S. government (Medicaid) or private insurance, No investors in the projects we have organized have received I-526 denial. email us here. EB-5 developments such as public infrastructure projects, transportation terminals, or facilities that will promote economic growth may be considered as advancing U.S. national interests. Analyzing the Recent Trend of EB-5 Expedited Processing Rural and Urban TEA Regional Center EB-5 Projects at $800K, Invest Now to Adjust Status and Receive Work Permit (EAD) and Travel Permit in as Fast as 60 Days. For all its success, the EB-5 program has long suffered from a common complaint USCIS processing times are unpredictable, too long, and generally maddening. On April 30, 2015, the Secretary of Homeland Security issued Ethics and Integrity: Protocols for Processing of EB-5 Immigrant Investor Visa Petitions and EB-5 Regional Center Applications, Including Stakeholder Communications (PDF, 347.4 KB). To fulfill this criterion, a government agencyeither federal, state, or localmust consider the EB-5 projects cause as urgent toward fulfilling public safety, national security, or similar interests. project DHP Secures Expedited Processing for Direct EB-5 Project by David Hirson | Jan 7, 2022 | Firm News To cement a strong start to the new year, on January 3, 2022, DHP secured expedited processing for a direct EB-5 project in the medical industry in less than 2 months! If a project receives expedited status, an investors I-526 petition could be adjudicated in as little as four to ten months. the Act, or an exemption from the registration requirements of the Act is available. For many such investors, the concern is that their children will age out and become ineligible for the EB-5 investment visa. When evaluating an EB-5 project for financial risk, a prospective investor should look at the additional sources of financing in the project. EB-5 Expedited EB-5 Projects What Does 2022 Hold for the EB-5 Industry? Get more facts on any regional center you are working with and ensure you are getting nothing but real information. 800-375-5283. The project has to show you their approval. We hate spam as much as you do, help us stop spam. Finally, an investor should find out more about the projects developer and sponsor, and if an investor is working with an EB-5 regional center, they must not overlook the regional center in the due diligence process. If the investor is choosing to invest through a regional center, they must conduct thorough research on the regional center as well. A successful expedite request can be based on an individual investors personal circumstances or it can be based on compelling benefits/importance of the project he or she is investing in. It is critical to do a deep dive into a clients circumstances to craft a successful expedite including figuring out what critical evidence they or their network can provide. If the EB-5 investment capital makes up a large percentage of the overall funding for the project and is used to fund construction or operational activities, then the capital takes on a high risk. What Are Expedited EB-5 Projects? EIN Presswire, Everyone's Internet News Presswire, Interior finishes will also be upgraded. How to Choose a Reliable Direct EB-5 Project, September 2021 Visa Bulletin: Chinese Final Action Date Advances. What Basic Requirements Do EB-5 Investors Have to Satisfy? Expedited EB-5 projects are granted expedited status precisely due to the essential role EB-5 capital plays in the successful construction and operation of the project, meaning the risk is generally elevated in these projects. Guaranties should be a further consideration: Is there a completion guaranty? LeadEB5-Home: Priority/expedited Visa and Permanent EB-5 People who have filed the application for EB-5 visa under this project, till date, have received application approval in less than 90 days. Traditional medicine wasnt effective and his health (and future) depended on experimental or novel treatments being developed at Boston Universitys medical research team. there is a long waiting period for the adjudication of I-526 petitions and it would be unfair to those I526 investors to grant expedited processing for adjudication to as yet unfiled petitions where those potential investors may not have yet been solicited." Does the developer have access to sufficient funding to construct the project? This USCIS approval ratifies BRC Legacy Funds approach to EB-5 which includes an unprecedented level of innovation and an approach that maximizes flexibility, choice and control for EB-5 investment. The best projects offer low financial risk, high probabilities of immigration success, and expedited status. All Rights Reserved. Those planning an EB-5 investment should keep in mind that this expedited process does not guarantee an available EB-5 visa. Bidens USCIS Senate Nominee: What She Can Bring to USCIS? Individuals lawfully in the U.S. may also be able adjust status and get work and travel authorization during this time. The Charleston Recovery Center has been renovated to accommodate spaces for individual therapy, group therapy and administrative offices. Form I-526, will be expedited. For general inquiries, contact: USCIS Contact Center. He represents both domestic and global corporations with respect to preparing employment-based petitions and adjustment of status applications for their employees in the U.S. Patel also has federal litigation experience. Young plaintiffs' attorney closes Montana climate change trial 1 One of the largest private developers in the United States, The Kolter Group has invested in real estate projects totaling over $24 billion in value. The program allows applicants to become eligible for a U.S. green card in exchange for a qualifying investment in an EB-5 project. If foreign nationals invest in expedited projects, they may avoid future backlogs and receive their EB-5 Green Cards in months rather than years. Rural location means investors benefit from 20% visa set-aside and priority processing, Construction has already begun, will finish mid-2023, After construction completion, 6 months for licensing, staffing and certification - open for clients early-2024, 16.9 jobs created for each of the 10 EB-5 investors, New Behavior Health unit will serve addiction patients, Hospital is fully financed with funding from State of Ohio and developer Bridge fund (EB-5 will replace Bridge funds), Previous EB-5 investors have been granted expedited processing, Job creation requirement already achieved 23 jobs per investor, At least $9 million developer equity subordinate to EB-5. Along with this letter, the project owner should submit information that explains the importance of the project to the U.S. government and why the project needs quick access to the EB-5 investment capital. Far better to have case-specific evidence as illustrated in the examples above. Supporting letters from his primary care physicians in Brazil and in the U.S. about his rare disease, the novelty of his experimental treatments, and perhaps most importantly the rapidly degenerating nature of his health, helped lead to a successful expedite. WebThere is a possibility that, through expedited processing, an EB-5 beneficiary could slide through to immigrant visa processing before a Final Action Date falls in FY 2019. Also, USCIS does not pre-adjudicate petitions, but it does afford deference to prior approvals and to exemplar-approved projects, absent certain exceptions. ), Expedite approval, an option for EB-5 investors to consider. EB-5 investors are advised to determine the experience and expertise of each key person involved in the project and their success records with previous projects. Fortunately, there is an option that could significantly speed up the process. These slow adjudication speeds inconvenience investors who are eager to start working in the United States. Is there anything we can do to speed things up?. Expedite approval, an option for EB-5 investors to consider Most EB-5 projects do not qualify for expedited status, so any investors considering this path must carefully conduct their research to find a qualifying expedited project. Anatomy of a successful EB-5 expedite request Regional Center Investments: How Involved Must Investors Be? Furthermore, USCIS still subjects EB-5 investors to the same intense level of scrutiny, or even more, when evaluating their I-526 petitions. For this reason, investors should conduct thorough research to determine if investing in an expedited project is what is best for their situation and goals. The facility will be open to clients in early-2024. Generally, EB-5 investors are more concerned with immigration risk than financial risk, so conducting thorough due diligence to ascertain the immigration risk of an EB-5 project is vital. As a user, if you see something we have missed, please do bring it to our attention. The Zhang v. USCIS Ruling, What Could Happen If the EB-5 Regional Center Program Expires. Expedited EB-5 Projects Processing Time and Risk Evaluation The 4-H Camp Road Recovery Center is located at 3313 4-H Camp Road in Morgantown, West Virginia, and involves the acquisition and renovation of a 6,684 square foot building. It can also be disastrous for marketing purposes. Investors who can demonstrate that their investment, by investing in an expedited project, will serve an urgent humanitarian need and/or a compelling U.S. government interest, may also receive expedited processing of their I-526 petition (however, expedited processing is not guaranteed. All EB-5 investors, whether their project is expedited or not, must prove that their investment led to the creation of 10 new full-time jobs for U.S. workers. For more information about joining HGEs direct EB-5 project or another direct EB-5 project, schedule a consultation or email [emailprotected]. An expedite has the potential to save investors years off the adjudication time of their I-526 petitions. USCIS Grants First-Ever Rural EB-5 Project Approval, Offering An experienced immigration attorney can help investors decide what course of action is best for their immigration goals, timeline, and individual situation.
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