The EB-5 immigrant investor regional center program expired on June 30, but the lapse in authorization does not affect petitioners who are not seeking a visa under the Regional Center Program.
What to Expect
- USCIS announced that they would reject Forms I-924 and Form I-526 received on or after July 1, 2021.
- USCIS also announced that they would not act on any pending application or petition that is dependent on the regional center program.
Thousands of EB-5 applications remain in USCIS backlogs, and it is unclear what will happen to them. Since the program has expired, USCIS can’t issue green cards or approve pending applications.
Erickson Insights
Erickson Immigration Group will continue to share updates as more news is available. If you have questions about anything we’re reporting above or case-specific questions, please contact your employer or EIG attorney.