Help from a New York EB-5 Visa Lawyer

A rule change published on July 24, 2019, by U.S. Citizenship and Immigration Services (USCIS) and expected to go into effect on November 21, 2019, will change the way in which the EB-5 Immigrant Investor Program is managed. This alteration to the existing rule set is likely to prompt a large number of new applications for EB-5 visas. Consulting with an experienced New York immigration lawyer is a solid step toward speeding up the EB-5 application process and avoiding the negative consequences of this imminent rule change.

The Proposed Changes to the EB-5 Program

The most publicized changes to the EB-5 visa process involve significant increases in the amount of money immigrants must invest to qualify for this program:

• In rural and economically challenged areas, the investment amount required to qualify for an EB-5 visa will increase from $500,000 to $900,000.
• In other areas, the required investment will increase from $1 million to $1.8 million.

USCIS will also make changes intended to counter gerrymandering efforts that allowed the lower level of investment even in areas with higher employment rates overall. It will also clarify rules regarding the removal of conditions on permanent residences for family members of those who qualify for lawful permanent resident status as part of an EB-5 investment visa.

The Importance of a New York EB-5 Visa Lawyer

The process of qualifying for an EB-5 visa can be long and complicated. Working with a New York immigration lawyer is often the most practical approach to submitting an EB-5 visa application and achieving a successful outcome for this process. The right New York EB-5 visa lawyer will help you to file the appropriate paperwork in a timely way, allowing you to streamline the application process and to avoid the increased investment requirements coming in November 2019.

If you need a qualified New York EB-5 visa lawyer, the team at Pozo Goldstein can provide you with the right representation for your application to immigrate. We have a former judge and two former prosecutors in the immigration field as part of our legal team, which allows us to provide the most assertive and effective representation for our clients. Give us a call today at 212-201-9031 to schedule a free initial consultation with us. We are here to serve you.