September 8, 2022 began a new era for Enterline and Partners in the EB-5 immigrant Investor Program as Managing Partner David Enterline filed a Form I-526E “Immigrant Petition by Regional Center Investor” for an EB-5 immigrant investor seeking lawful permanent residence under the EB-5 immigrant visa category.
The investor, a Hong Kong national, will be one of the first to file a Form I-526E Petition under the new EB-5 Reform and Integrity Act (the “RIA”) passed in March 2022. The Petition was filed with a Regional Center Form I-956F receipt notice that the Regional Center received in mid-August after filing a required Form I-956F Application for Approval of an Investment in a Commercial Enterprise. The investor will most likely be eligible for one of the 10 percent of EB-5 “Reserved Visas” for making an investment in a high unemployment area.
There are approximately 10,000 EB-5 visas available every year. Out of these 10,000 visas, the RIA carves out 3 categories of Reserved Visas for investors who invest into an EB-5 qualified business in a special area: twenty percent (20%) of the 10,000 EB-5 visas are reserved for investors who invest in rural areas; ten percent (10%) are reserved for those who invest in an area of high unemployment; and two percent (2%) are for those who invest in a qualified government infrastructure project. The remaining and any unused Reserved Visas each year will then become available for any other EB-5 investors who have either previously filed an I-526 Petition or are filing a new Petition but are no longer eligible for a Reserved Visa.
If you are considering obtaining lawful permanent residence in the United States via the EB-5 immigrant investor visa category, you should consider moving forward soon so you do not fall behind the annual 32% Reserved Visas that will begin to be allocated to early investors.
For more information contact us at info@enterlinepartners.com and speak with a U.S. immigration attorney in Ho Chi Minh City, Manila and Taipei.
ENTERLINE & PARTNERS CONSULTING
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Copyright 2022. This article is for information purposes only and does not constitute legal advice. This article may be changed with or without notice. The opinions expressed in this article are those of Enterline and Partners only.
