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Losing CIP “A Hell of a Hit For a Small Economy”: Investment Migration People in The News This Week

Immigration industry professionals are pronouncing the death of the H-1B visa. Some call it politically unpopular among American politicians of all stripes, whereas others say the program is rife with abuse and misuse, with a lottery system that is arbitrary and otherwise less than ideal.

An alternative for recent international graduates of US universities is the EB-5 investor visa program, the cost of which, Suresh Rajan, founder and executive of LCR Capital Partners, estimates is equivalent to another year of tuition for interested families.

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EB-5 Program Update:

The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.

If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.

LCR expects the program to be reauthorized in February 2022, and continues to work with international families that want to explore alternative residency options.

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