New EB-5 Program Rules Start November 21: What To Expect

U.S. Citizenship and Immigration Services (USCIS) has made significant changes to the Immigrant Investor Program (EB-5) through their establishment of new EB-5 modernization regulations.  The EB-5 program permits individuals to apply for permanent residence in the U.S. if they make the necessary investment in a new commercial enterprise in the U.S. and create 10 full-time jobs for qualified U.S. workers.   Regional Centers are economic enterprises designated by USCIS for participation in the Immigrant Investor Program.

The new EB-5 regulations will take effect November 21, 2019. Investors seeking to be “grandfathered” in under the old rules must file an I-526 petition with USCIS before the new regulation’s effective date.

New EB-5 Regulations: What to Expect

  • Increases minimum investment amounts: The minimum investment in Targeted Employment Areas (TEAs) increases from $500,0000 to $900,000 and from $1 million to $1.8 million in all standard areas. The final rule also provides that investment amounts are subject to additional increases every five years based on inflation.
  • Changes how Urban TEAs are defined and designated: TEA designations will now be determined by the Department of Homeland Security, and state and local TEA determinations will no longer be accepted.
  • Provides priority date retention for subsequent EB-5 investor petitions: The investor must have a priority date set by a previously approved I-526 Immigrant Petition by Alien Entrepreneur and be reapplying due a failing investment project, termination of a regional center, or a backlog of visa applications.
  • Clarifies procedures for removing conditions on permanent resident status: This includes situations where dependent family members must file their own I-829, Petition to Remove Conditions on Permanent Resident Status.  Entrepreneur investors are initially granted conditional permanent resident status for two years, and must petition to have the conditions on status removed within a prescribed period.

EB-5 Regional Center Program

The current EB-5 Regional Center program has been extended through November 21, 2019, passed by Congress as part of a Continuing Resolution. This program extension date now coincides with the effective date of the new EB-5 regulations as listed above.

Gibney will continue to monitor this matter and advise of developments. For additional information, please contact your designated Gibney representative or email info@gibney.com

DHS Finalizes H-1B Cap Registration Fee

The U.S. Department of Homeland Security published a final rule that will require employers to pay a $10 non-refundable fee for each H-1B cap registration submitted, once the electronic registration system is implemented.   The final rule is effective December  9, 2019.

 Background:

The H-1B visa program allows U.S. employers to petition for temporary work authorization for professionals working in specialty occupations. The H-1B visa is subject to an annual quota (or “cap”) of 65,000 visas each fiscal year, with an additional 20,000 visas available to beneficiaries holding a U.S. master’s degree or higher.

In January 2019 USCIS published a final rule introducing an electronic registration requirement for employers seeking to file H-1B cap-subject petitions. Pursuant to the rule, before an employer may file an H-1B cap petition with USCIS, it must first register its intention with USCIS during a designated registration period.  However, USCIS immediately postponed implementation of the registration requirement for fiscal year (FY) 2020 H-1B cap filings in order to create the electronic registration system and perform user testing. Additional information about the proposed electronic registration process is available here.

What Employers Can Expect

Appearing at the Society for Human Resource Management Global Mobility and Immigration Symposium on November 4, 2019, USCIS Acting Director Kenneth Cuccinelli expressed a high degree of confidence that the electronic registration system would be implemented for the FY2021 H-1B cap selection process. He further indicated that a determination of “go” or “no go” would be announced in 2019. USCIS will announce the implementation timeframe and registration period in the Federal Register once a final decision is made to implement the electronic registration system.

Once the electronic registration system is operational, all H-1B cap petitioners will first have to electronically register information related to the company and the intended beneficiary during a designated registration period. The $10 fee will be required when registrations are submitted. Once implemented, the registration system is expected to lower costs for petitioning employers, who will no longer have to prepare and submit full H-1B petitions unless their registration is selected the H-1B cap lottery.

More information on the H-1B visa and program requirements can be found here.  For additional information, please contact your designated Gibney representative.

Poland Added to U.S. Visa Waiver Program  

The U.S. Department of Homeland Security has designated Poland as the newest member of the Visa Waiver Program (VWP).

What Employers Can Expect

Effective November 11, 2019, Polish citizens and nationals may apply to travel to the United States for up to 90 days for tourism or business visitor purposes without having to obtain a U.S. visa. Eligible Polish nationals must have an electronically readable passport and must obtain travel authorization from Electronic Screening System for Travel Authorization (ESTA) prior to travel.

Learn more about the Visa Waiver Program requirements and limitations here.  For additional information, please contact your designated Gibney representative.

 

 

Violeta Petrova and Ruby Li to Speak on Business Visa Trends

Immigration attorneys Violeta Petrova and Ruby Li will speak at the annual staff retreat of Cultural Vistas. Cultural Vistas is an organization that provides J-1 sponsorship for interns and trainees.  Violeta and Ruby will provide an overview of business visa classifications and an update on current trends.  The presentation will take place on November 5 in New York City.

Ruby Li handles all aspects of corporate U.S. immigration law, including nonimmigrant visas, permanent residence, citizenship and immigration support for corporate restructuring. She also assists clients with family-based immigration matters, consular processing, re-entry permits and naturalization. Ruby also has experience in the U.S. EB-5 Investor Category.

Violeta Petrova represents large-cap, mid-cap and small-cap clients in U.S. business immigration, including nonimmigrant and permanent residence matters.  She has also assisted individual clients with family-based and employment-based visas.

David Johnson Partners to Discuss Immigration at Entrepreneurs Roundtable Accelerator

David Johnson is partnering with Entrepreneurs Roundtable Accelerator on November 8. ERA Global helps global startups enter the US market through acceleration programs at ERA’s New York City offices.

David will discuss immigration issues to consider for international companies expanding into the US Market. David Johnson leads Gibney’s Emerging Business Group.

About Emerging Business
Having represented entrepreneurs and start-up businesses for decades, Gibney’s Emerging Business Group guides entrepreneurs though all stages of the start-up and business lifecycle. We are uniquely structured to serve the full spectrum of our clients’ needs efficiently under one roof. Learn more.

Gibney Expands Immigration Group with Senior Counsel Kristen Heckman

Gibney continues to grow its Immigration Group and we are pleased to welcome Kristen Heckman. Kristen has over 10 years of experience focusing on the immigration counseling of Fortune 500 corporations. She assists clients in the strategizing and preparation of visa petitions to facilitate both long- and short-term temporary work assignments, as well as permanent residence sponsorship and naturalization. She advises corporate clients on ongoing immigration policy development and workforce compliance efforts. Kristen received her JD from Touro College and her BBA from Hofstra University.

Zarina Syed Chairs Business Immigration Update 2019 Event

Immigration Senior Counsel Zarina H. Syed is the Program Chair for the New York State Bar Association’s (NYSBA) upcoming “Business Immigration Update 2019.” The event is sponsored by the NYSBA’s Special Committee on Immigration Representation and the Committee on Continuing Legal Education. The program will take place on Friday, November 8, 2019 from 9:00 AM – 4:30 PM at the Convene Conference Center in New York.

Topics will include:

  • Hot Topics & Recent Legal Updates
  • Non-Immigrant Visas Part 1: Non-Petition Based Filings/Consular Processing (E, F, J, etc.)
  • Non-Immigrant Visas Part 2: Petition Based Filings (H, L, etc.)
  • Immigrant Visas Part 1: PERM Labor Certifications, I-140s (EB-2, EB-3), National Interest Waivers
  • Immigrant Visas Part 2: EB-5 Investor, I-140’s (EB-1), I-485 Adjustment of Status
  • Immigration Compliance
  • Immigration Ethics

David Johnson to Discuss U.S. Immigration for Entrepreneurs at Innovate46

David Johnson will join the Swedish Energy Agency and The Swedish-American Chamber of Commerce, New York (SACCNY) at the Innovate46 conference. He is presenting on immigration issues and how to obtain visas for cleantech companies. Innovate46 in a unique conference hosted by SACCNY, serving as a platform for Swedish startups looking to expand to the United States.

About Emerging Business
Having represented entrepreneurs and start-up businesses for decades, Gibney’s Emerging Business Group guides entrepreneurs though all stages of the start-up and business lifecycle. We are uniquely structured to serve the full spectrum of our clients’ needs efficiently under one roof. Learn more.

Zarina Syed to Discuss Immigration Basics with Emerging Businesses

Zarina Syed will discuss immigration basics at the Grow to Market 2019 program on October 4. She will focus on key issues for entrepreneurs including common U.S. work visa categories and recent policy changes. Innovestor’s Grow to Market supports emerging Finnish companies planning to establish their business in the U.S.

About Emerging Business

Having represented entrepreneurs and start-up businesses for decades, Gibney’s Emerging Business Group guides entrepreneurs though all stages of the start-up and business lifecycle. We are uniquely structured to serve the full spectrum of our clients’ legal needs efficiently under one roof.
Learn more.

Fiscal Year (FY) 2021 Diversity Visa Lottery Opens October 2

What is the Diversity Visa Lottery?

The Diversity Immigrant Visa Program provides up to 55,000 immigrant visas (green cards) for issuance in Fiscal Year 2021 to persons from countries with low immigration rates to the United States. Foreign nationals are selected for eligibility to apply for U.S. Lawful Permanent Resident (LPR) status under this program on the basis of a lottery.

When can I apply?

The U.S. Department of State will accept applications online from 12 PM Wednesday October 2, 2019 Eastern Daylight Time (EDT) (GMT-4) to 12 PM Tuesday, November 5, 2019 Eastern Standard Time (EST) (GMT-5). DV-2021 applicants are encouraged to apply as soon as possible and should keep their confirmation number until at least September 30, 2021. There is no cost to submit an application.

Who is eligible?

  • An individual must have been born in an eligible country and must meet minimum education/work requirements. Notably, natives of the following countries are NOT eligible to apply: Bangladesh, Brazil, Canada, China (mainland-born), Colombia, Dominican Republic, El Salvador, Guatemala, Haiti, India, Jamaica, Mexico, Nigeria, Pakistan, Philippines, South Korea, United Kingdom (except Northern Ireland) and its dependent territories, and Vietnam. Persons born in Hong Kong SAR, Macau SAR, and Taiwan are eligible.
  • Eligible nationality is generally determined by the location of a person’s birth. However, if a foreign national is ineligible to apply based on his/her country of birth, there are two alternate ways to qualify. First, a foreign national whose spouse was born in a eligible country may apply provided that both the individual and the spouse are named on the selected entry, are found eligible, and enter the U.S. simultaneously. Second, a foreign national who was born in a country whose natives are ineligible to apply may be eligible to apply if neither parent was born in or legally resided in that country at the time of the foreign national’s birth.
  • A foreign national must also have either a high school education or its equivalent or at least two years of work experience within the past five years in an occupation requiring at least two years training or experience.

How do I Apply?

DV Lottery entries may only be submitted electronically at the U.S. Department of State’s Diversity Visa Lottery website located here. Applicants may only submit ONE lottery entry; individuals who attempt to submit more than one application will be disqualified. A DV Lottery application must be accompanied by digital photographs of the applicant, the applicant’s spouse and the applicant’s dependent children (as applicable), taken in accordance with requirements. Note: Each individual may submit his/her own application if he/she otherwise qualifies.

New For DV-2021

The principal applicant must enter valid international travel passport information unless they are stateless, a national of a Communist-controlled country and unable to obtain a passport from the government of the Communist-controlled country, or the beneficiary of an individual waiver approved by the Secretary of Homeland Security and the Secretary of State.

How does the Selection Process Work?

DV Lottery winners are selected via a random computerized process. After entering the lottery, it is critical to safeguard the confirmation page as it contains information that is needed to check the status of the application.

  • Starting May 5, 2020 (and through at least September 30, 2021), applicants may check application status using their confirmation number on the Entry Status Check section of the E-DV website. Lottery winners will not receive correspondence in the mail.
  • Selection in the DV Lottery does not automatically confer U.S. Lawful Permanent Resident (LPR) status – only the opportunity to apply for permanent resident status.
  • Applications for permanent resident status can be lodged in one of two ways: by filing an adjustment of status application if lawfully present in the U.S. or by filing an application for an immigrant visa at a U.S. Consulate abroad. The actual application for permanent resident status must be filed and approved by September 30, 2021; if an application is not approved by that date, the application is invalidated.  Note that more individuals are selected in the DV Lottery than there are immigrant visas/green cards made available. As a result, some individuals who are selected in the DV Lottery may ultimately be unable to become U.S. LPRs if the available immigrant visas are allocated prior to approval of the individual’s permanent resident application.

Where Can I Get More Information?

Instructions regarding how to apply for the FY2021 Diversity Visa Lottery may be obtained from the U.S. Department of State’s PDF instructions.

For more information or specific legal advice, please contact your designated Gibney representative or email info@gibney.com.