Posted on July 18 2022
Abstract: A new form under the investor program for immigrants has been released.
On July 12, 2022, the USCIS of the United States of America announced a new form for immigrant investors. The form I-526 for Immigrant Petition by Alien Entrepreneur was moderated to combine the Integrity Act of 2022 and EB-5 reform.
The requirements for eligibility and filing have been moderated for alien investors.
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Form I-526 is aimed at immigrant standalone investors who do not seek to combine their investment with other investors who are seeking EB-5 classification. The form will be divided into two different versions. They will closely bear a resemblance to the earlier edition of Form I-526.
By law, a prospective immigrant investor can submit Form I-526E after the regional center has filed Form I-956F for the specific investment. It needs proof of an associated commercial enterprise that the prospective immigrant investor is investing their funds in.
The regional center will receive a receipt notice after the submission of Form I-956F, which confirms its filing. Investors can then file the associated Form I-526E on the basis of the receipt notice.
The change will be effective from July 12, 2022. The forms of I-526 and I-526E must be submitted in accordance with the latest requirements for the program. The filing fee is 3,675 USD for each form.
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