USCIS Announces Restructuring of EB-5 Program AdministrationPosted: July 18, 2012
USCIS Director Alejandro Mayorkas has announced the creation of a new office to oversee administration of the EB-5 Immigrant Investor Program. The Director notes the Service will shortly be adding to transactional attorneys to its ranks, as well as implementing in-person hearings before a Review Board comprised of 2 Supervisory Immigration Services Officers and one economist for any I-924 regional center designation application that has been recommended for denial. The new EB-5 program office will be under the leadership of a new Chief of Immigrant Investor Programs, intended to be an individual with significant business background. It is unclear from the announcement whether this office will continue to work out of the California Service Center.