Klasko EB-5 Comments for Colucci

 There is no doubt that the EB-5 application process is still not as efficient as it needs to be. Time is often of the essence in funding projects, but bureaucracy always seems to operate at a pace that is not relevant to either clock or calendar. While Ron Klasko empathizes with the worthy goals of the USCIS investment visa program, he shares the same frustrations that others have. To that end, he recently suggested a number of specific, procedural and process improvements in a letter to Mr. Colucci at the agency. Those suggestions included:

}  USCIS should expedite I-526 processing by project. That it, instead of handling them individually where the investments are indirect, batch process them with the project as the priority.

}  USCIS should establish a process flow that deals with direct and indirect investors separately.

}  USCIS should create an I-829 exemplar process for indirect investors. Under the current system, the agency issues a Request for Evidence to individual investors, although the I-829 is more about the verification of the project than it is about the individual investors.

We laud these and Mr. Klasko’s other sage suggestions. They have the potential to simply the immigration process and get the bureaucracy back into operating in real time. To read the entire letter and list, click http://eb5newsblog.org

Like 0 people likes this

Tags

China EB-5 Investment USA Immigration