Alejandro N. Mayorkas, Director, USCIS has announced that the
agency will be creating a new office to oversee the administration
of the EB-5 Immigrant Investor program.
According to his announcement, the EB-5 program has spurred the
creation of tens of thousands of new jobs and the injection of
billions of dollars into the U.S. economy since Congress created
the program in 1990. Interest in the EB-5 program has grown
exponentially in recent years, both from domestic project
developers seeking capital and foreign investors who have the
capital that can fuel economic growth. USCIS has met this
unprecedented growth and interest with a corresponding dedication
of resources. USCIS has approved more than 3,100 Form I-526
petitions in Fiscal Year 2012 to date, more than triple the number
approved in all of Fiscal Year 2009. Since 2009, it has quadrupled
the size of the EB-5 adjudications team and brought on board eight
expert economists dedicated to the EB-5 program to
