EB5info Newsletter | March-April 2012

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He concludes that the applicant's submission was "substandard" and contained "immaterial supporting documentation." Clearly, USCIS found these regional center applications deficient in basic tests of whether they were "reasonable" and "credible." Future EB-5 regional center applicants should take heed and consider themselves forewarned. For anyone wondering whether USCIS plans to release more decisions like these, the odds are good that it will. After all, the agency denied 44% of all regional center applications in the first quarter of this fiscal year.

Are Internal Issues Delaying EB-5 Regional Center Approvals? RFEs, I-924s, CSC... The jargon and acronyms of EB-5 may seem confusing for new regional center applicants – especially when those applicants end up waiting longer than they ever anticipated to receive their approvals. And with reports of a number of applicants facing long hold times after responding to an RFE, there has been speculation that internal conflicts at USCIS are partly to blame. After the agency's publication of a letter addressing tenant occupancy in regional center economic analyses, many EB-5 stakeholders are wondering whether the delays are connected to tenant-related job counting. At least one pending regional center applicant believes that they are and offers evidence to support that contention. Removing tenant occupancy projects For clarification on the issue, we interviewed a principal at an EB-5 regional center whose approval is still pending after he responded to an RFE last fall. The applicant requested

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