EB-5 Updates from USCIS

On August 10, 2011, Ed Carroll and other members of the American Immigration Lawyers Association’s EB-5 Committee met with USCIS Director Alejandro Mayorkas to discuss proposed improvements to and problems with the EB-5 program.  Issues discussed included agency communications, review of state TEA designations, clarification of policy with respect to bridge financing of EB-5 projects, and the potential binding effects of initial or blanket I-526 or I-829 petitions.  During this meeting, Director Mayorkas expressed a commitment to continuing a program of improved customer service from the agency.  We understand that there will be a major policy announcement next month regarding a process for e-mailed communications with EB-5 adjudicators and other procedures implementing its proposed process for dealing with “shovel-ready” regional center/project proposals.  We come away from the meeting with guarded optimism and a continued commitment to advocating for more clarity and responsiveness.  The agency’s official summary of topics discussed at the meeting can be found here.

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