H-1B Visa

H-1B visas allow US employers to temporarily hire foreign workers. In order to qualify for an H-1B visa, the applicant must work in a specialized industry such as law or computer programming and hold a bachelor’s degree in that field or the equivalent in work experience. The foreign worker is able to stay in the US for three years and can be extended up to six years. After a six-year period of time, the worker has to reapply.

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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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