One of the most significant changes brought by the March 14, 2022, EB-5 Reform Bill is the ability to file Form I-526 and Form I-485 at the same time (“EB-5 Concurrent Filing”). EB-5 Concurrent Filing allows EB-5 investors living in the United States on non-immigrant visas to apply for adjustment of status when filing their I-526 petitions. We expect that investors who filed their I-526 petitions before the EB-5 Reform Bill was enacted may also apply for adjustment of status prior to the adjudication of Form I-526.
What Is Adjustment of Status?
Form I-485 allows foreign nationals temporarily living in the United States to switch from one legal status to another. In the case of EB-5 Concurrent Filing, investors are expected to enjoy the benefits of lawful permanent resident status.
Join our live webinar on Thursday, March 17, 2022, at 2:00 PM EDT for this critical update. Our panel of experts includes:
• Sam Silverman, founder and managing partner of EB5 Affiliate Network (EB5AN);
• Mike Schoenfeld, founder and managing partner of EB5AN; and
• Rohit Kapuria, Esq., partner of Saul Ewing Arnstein & Lehr.
If you cannot join, register to receive a link to a recording of the webinar. We will cover several real life examples of EB-5 investors evaluating adjustment of status and the following general topics:
• How does Adjustment of Status work
• Pros/Cons of Adjusting Status
• Costs and Timing for Concurrent Filing
• Eligibility for Adjustment of Status
