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Question:

I would like to know whether an EB-5 GC is really a good approach anymore. I would also be interested in knowing how long a typical adjudication takes.

Also, which panelist answered the question regarding an E-2 extension in which the company is not profitable yet? I have that exact issue and would be interested in knowing who answered the question in case an issue arises with my case. He is the only person I know who has handled that type of case.

Answer by Lincoln Stone:

The EB-5 avenue for US permanent residence is not for everybody. The conditional status is a major drawback for the reasons discussed in the seminar. For many foreign investors, however, the EB-5 avenue is appropriate.

Processing times: In my recent experience with the CSC, I-526 petitions are adjudicated in approximately 8 weeks. I have received four I-526 petition approvals in the last few months alone, so there is something positive happening in this area of practice. My most recent I-526 approval from the TSC was in 2002. The current TSC processing report indicates a processing time of less than 30 days.


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