The federal court for the Northern District of California has issued an interim order to reverse the order that prevented investors from submitting EB-5 Visa applications through the EB-5 Regional Center program. In April, USCIS canceled the authorization for existing regional centers, but this new order reverses that. “This is excellent news. Even though it is a temporary solution that could be reversed, it is a step in the direction of the EB-5 Regional Centers returning to full operation with a stable long-term program,” said Víctor Espinosa, senior director of LCR Capital Partners.
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