A settlement agreement was filed between the United States Citizenship and Immigration Services and Behring Regional Center LLC, several top EB-5 regional center operators and Invest in the USA. The settlement, which affects two cases, has finally put the EB-5 program back on track reauthorizing previously approved regional centers and safeguarding EB-5 investors.https://www.eb5investors.com/blog/eb5-regional-center-lawsuit-win
Suit highlights USCIS Violation of Administrative Procedures Act, seeks to revive EB-5 petitions and visa applications for 40,000 familieshttps://www.prnewswire.com/news-releases/behring-co-files-lawsuit-against-uscis-for-wrongfully-terminating-eb-5-regional-center-program-301488054.html
U.S. District Court of Northern District of California strikes down 2019 rule changes by DHS that brought EB-5 investment to a near halthttps://www.businesswire.com/news/home/20210623005820/en/Behring-Co.-Wins-Landmark-Decision-to-Revive-EB-5-Immigrant-Investor-Visa-Program
When Congress allowed the EB-5 regional center program to lapse last summer, industry watchers expressed optimism it would be reauthorized in a matter of weeks.https://www.bisnow.com/national/news/capital-markets/eb-5-program-still-hangs-in-limbo-at-risk-of-permanently-alienating-real-estate-investors-111510