The EB-5 program, a cornerstone for immigrant investors seeking U.S. residency, has seen significant developments in fiscal year 2024. Notably, I-526 petition processing times have improved, and visa issuance has reached record highs. This article will explore the key data points from two reliable sources—Lucid Text’s analysis of I-526 processing and IIUSA’s report on EB-5…
The changes announced to the EB-5 Immigrant Investor Program – under which entrepreneurs may apply for a green card or permanent residence – has come into effect now. The changes in EB-5, under a new rule published by the United States (US) Department of Homeland Security, include a rise in the standard minimum investment amount…
The new methodology that USCIS will be using to process I-526 applications is fantastic news for citizens of most countries as it means that their I-526 applications will be given first priority. This will greatly reduce the waiting time for investors from non-retrogressed countries to receive the I-526 approval and the conditional green card. Whereas…
We especially love Memphis as great place to invest in cash flowing single family home rental properties. Besides being rich in local flavor, being the birthplace of American blues and rock n’roll music and a center of the Civil Rights Movement, Memphis has one of the most stable rental markets in the country. Being centrally…
The United States Department of State releases an annual Report of the Visa Office, in which it shares the number and type of immigrant and non immigrant visas issued abroad, as well as adjustments of status in the US, classified by country. One category of particular interest is the number of E-2 applicants from Grenada.…
[vc_row][vc_column][vc_column_text] Paraprin Capital has successfully closed on 4 units across two duplexes in the rapidly transforming Binghampton neighborhood of Memphis, Tennessee. The duplexes were purchased at a price that is approximately 60% of the after repair value (ARV), which will allow us to capture a significant bump in equity once the rehabs are complete. The…
The Chicago-Rockford Hilton Embassy Suites Hotel & Conference Center is nearing completion and has a Grand Opening scheduled for June 29. Major construction is now complete and the project is being outfitted with the remaining FF&E. At present we do not see any further delays due to Covid-19, but there is a chance the Grand…
[vc_row][vc_column][vc_column_text] The Tommie Hotel Hollywood has started receiving many new EB-5 investor I-526 approvals recently for investor applications from Hong Kong, Vietnam, India, Mexico, and China. We saw our fastest approval ever in a time of only 7.5 months! While the processing times at USCIS can be somewhat lengthy and unpredictable at times, this shows…
When listening to the news media reporting on U.S. housing market trends, it is easy to confuse claims of the market being “up” or “down” to mean that the entire U.S. is just one big real estate market. The reality is that there are thousands of different fragmented real estate markets in the U.S., each…
Both the United States Citizen & immigration Services (USCIS) and the United States Department of State (DOS) have posted improvements in the processing times for EB-5 applicants. For the initial I-526 application approval done through USCIS, the average processing time for 2019 decreased to 19.8 months, with a historical average of 12.6 months (see posting…
