EB-5 News

USCIS Director Mayorkas has announced that Robert Cox, a former immigration lawyer, will be the new, interim EB-5 Program Director when the program moves to Washington D.C. We will see if this new director and the relocation of the EB-5 unit will make a difference in the flow of information, the time it takes to get an application decided, and the reasonableness of its rules. Mayorkas also announced that USCIS will issue its long-awaited, comprehensive EB-5 policy memorandum in one to two weeks, although some believe this may just be another draft rather than the final version. Martin