One day after announcing its policy on handling EB-5 immigrant investor petitions and applications, the United States Citizenship and Immigration Services (“USCIS”) has reversed its decision on accepting Form I-485, Application to Register Permanent Residence or Adjust Status (“Form I-485”). The updated “Alert” with this change has been posted on the USCIS website “Approved EB-5 Immigrant Investor Regional Centers webpage”. The Alert explains how USCIS will handle relevant petitions and applications following Immigrant Investor “Regional Center” Program (the “Program”) sunset.
For adjustment of status applications, the Alert now states:
“We will begin rejecting all Forms I-485, Application to Register Permanent Residence or Adjust Status, and any associated Forms I-765, Application for Employment Authorization, and Forms I-131, Application for Travel Document, based on an approved Regional Center Form I-526.”
The news is undoubtedly disappointing for those who are eligible to file Form I-485 for their Adjustment of Status.
For further explanation of how the sunsets of the Program might impact investors, see here.
If you have any questions about the Alert and how it might affect your situation contact us at firstname.lastname@example.org and speak with a U.S. immigration attorney in Ho Chi Minh City, Manila and Taipei.