US Citizenship and Immigration Services (USCIS) has officially asked for public comments on a proposed rule that would give the federal agency the power to process certain EB-5 immigrant investor visa applications that were approved between 1995 and 1998. This proposed rule would apply to the group of immigrant investors who received approval of Form I-526 – immigration petition by alien entrepreneur – between January 1 1995 and August 31 1998.

The rule would enable USCIS to process roughly 580 applications from immigrant investors and their dependants who received approved Forms I-526 during the stated time period and who wished to register for permanent residence, adjust status or remove conditions on permanent residence before November 2 2002.

For further information on this topic please contact Rami D Fakhoury at Fakhoury Law Group PC by telephone (+1 248 643 4900), fax (+1 248 643 4907) or email ([email protected]).