According to the World Journal, the U.S. Citizenship and Immigration Services (USCIS) will implement significant reforms to the review process for the investment immigration program (EB-5), including the provision of a 15-business-day expedited review service, the establishment of a special team to communicate with applicants from investment immigration regional centers, and the formation of a decision board to adjudicate regional center applications.
The USCIS's enhancement of the review efficiency for investment immigration is based on President Obama's response to the current economic challenges and low employment rates, aiming to attract global investors to provide funding and create job opportunities in the United States through investment immigration. Simplifying the processing procedures for investment immigration not only makes immigration law more refined but also meets the needs of U.S. economic development and national security.
The USCIS stated that it will expedite the review of investment immigration entrepreneurial projects that are well-planned and can be implemented quickly, while also providing investment immigration applicants with a priority expedited review service (Premium Processing Service), which, for an additional fee, will complete the review within 15 business days.
The USCIS will hire experts proficient in economic analysis and investment immigration requirements to form a special team that will communicate directly with applicants of investment immigration regional center projects via email and other means, promptly answering questions to effectively shorten approval times and improve efficiency.
The USCIS will establish a decision board composed of economists and adjudication experts, assisted by professional attorneys, to expedite the identification of viable investment immigration regional projects to be offered to investment immigration applicants.
The investment immigration program allows for 10,000 investment immigrants to enter the United States each year, with an investment of over $500,000 (regional center) and the creation of at least 10 U.S. jobs, allowing the entire family to obtain a temporary green card, with the possibility of applying for a permanent green card after two years.
