UGLOBAL . COM
95
MORAL EB-5 DILEMMA
Morally , we are at the crossroads of what is right and what is wrong ?
The EB-5 Regional Center laws , regulations and policies were supported by U . S . Congress , the DHS ( USCIS ) and the State Department , and represented to foreign national investors and their families who had a dream to become U . S . permanent residents , that they could invest and commit their $ 500,000 at a minimum or $ 900,000 in an EB-5 Regional Center Program / project and continue their road to U . S . permanent residency .
Unfortunately , there was no clear representation by U . S . Congress , USCIS , or State Department that if the EB-5 Regional Center Program was not reauthorized , the existing EB-5 petitions would not continue to be processed .
In fact , the position by USCIS or the State Department , today , to the EB-5 investors is morally wrong . That is , come and invest in the EB-5 Regional Center Program , commit your personal funds , make arrangements to settle in the U . S ., but regardless of your filings we are not going to allow continued processing .
Without warning you are out . It is quite apparent , USCIS and the State Department is showing no compassion for the Investors and their families who were attracted to the U . S . by the EB-5 Regional Center Program .
THE FUTURE OF EB-5
The EB-5 Regional Center Program may in the future be reauthorized .
“ As of June 30 , 2021 , the EB-5 Regional Center Program did sunset , and the EB-5 Regional Center Program has not been reauthorized .
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As of June 30 , 2021 , the EB-5 Regional Center Program did sunset , and the EB-5 Regional Center Program has not been reauthorized .
To the surprise of the EB-5 industry , the USCIS and the State Department have taken the position that all processing of existing EB-5 I-526 petitions and applications for CPR had to stop , until such time as the EB-5 Regional Center is reauthorized again .
Currently , over 80,000 plus EB-5 Regional Center investors are affected .