USCIS Releases Policy Memo on EB-5 Visa Program
Posted By Verma Law Firm
USCIS released a policy memo last month on the EB-5 Program, including the Immigrant Investor Program, providing guidance to all USCIS employees regarding adjudication of EB-5 petitions and applications. The EB-5 Program was created to promote the investment of capital by immigrants into new commercial enterprises in the US in order to create new jobs for U.S. workers. The policy memo clarifies the correct standard of proof in assessing the evidence. The policy memo also expands on the individual elements for the EB-5 Program, providing definitions and examples of certain terms, as well as citations to recent cases and regulations.