The USCIS has issued the final EB-5 Adjudications Policy memorandum on uscis.gov. The memo emphasizes the importance of flexibility and has renewed confidence in the EB-5 program. Dawn Lurie does an excellent job sharing the highlights of the memorandum.
The EB-5 Adjudications Policy memorandum acknowledges that the adjudication of EB-5 petitions and applicants is based on preponderance of evidence standard, offers that the “petitioner or applicant does not need to remove all doubt from our adjudication,” and softens the USCIS policy on requiring new I-526 filings for certain changes in the original business plans.
The memo also notes that the “USCIS recognizes the fluidity of the business world and therefore allows for material changes to a petitioner’s business plan made after the petitioner has obtained conditional lawful permanent resident status.”
Click here to read Dawn’s full article.