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DHS/USCIS | RIN: 1615-AC11 | Publication ID: Spring 2017 |
Title: ●EB-5 Immigrant Investor Regional Center Program | |
Abstract:
The Department of Homeland Security (DHS) is considering making regulatory changes to the EB-5 Immigrant Investor Regional Center Program. Based on decades of experience operating the program, DHS has determined that program changes are needed to better reflect business realities for regional centers and EB-5 immigrant investors, to increase predictability and transparency in the adjudication process for stakeholders, to improve operational efficiency for the agency, and to enhance program integrity. DHS issued an Advance Notice of Proposed Rulemaking (ANPRM) to seek comment from all interested stakeholders on several topics, including: (1) The process for initially designating entities as regional centers, (2) a potential requirement for regional centers to utilize an exemplar filing process, (3) continued participation requirements for maintaining regional center designation, and (4) the process for terminating regional center designation. While DHS has gathered some information related to these topics, the ANPRM sought additional information that can help the Department make operational and security updates to the Regional Center Program while minimizing the impact of such changes on regional center operations and EB-5 investors. The ANPRM is organized to include requests for comment immediately following discussions of the relevant issues. |
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Agency: Department of Homeland Security(DHS) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 8 CFR 204 8 CFR 216 | |
Legal Authority: 8 U.S.C. 1153(b)(5) Pub. L. 102-395, secs. 610 and 601(a) Pub. L. 107-273, sec. 11037 Pub. L. 101-649, sec. 121(a) Pub. L. 105-119, sec. 116 Pub. L. 106-396, sec. 402 Pub. L. 108-156, sec. 4 Pub. L. 112-176, sec. 1 Pub. L. 114-113, sec. 575 Pub. L. 114-53, sec. 131 Pub. L. 107-273 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: Yes | |
Agency Contact: Lori S. MacKenzie Division Chief, Operations Policy & Stakeholder Communications, Immigrant Investor Program Department of Homeland Security U.S. Citizenship and Immigration Services 131 M Street NE., Washington, DC 20529-2200 Phone:202 357-9214 Email: lori.s.mackenzie@uscis.dhs.gov |