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Original Date Announced
October 30, 2018USCIS revises its Policy Manual to describe when a redemption agreement is a debt arrangement that cannot form the basis of an EB-5 visa petition. The update states that such an agreement is a debt arrangement if the investor enters into the agreement knowing that they have a willing buyer at a certain time and at a certain price. [ID #534]
USCIS Policy Alert (PA-2018-11): Immigrant Investors and Debt ArrangementsEffective Date
October 30, 2018Current Status
Fully in EffectOriginal Trump Policy Status
Status: Final/ActualTrump Administration Action: Agency DirectiveSubject Matter: Immigrant Visas: Employment-BasedAgencies Affected: USCISPre Trump-Era Policies
- September 26, 2018 Requirements for Immigrant Investors to Obtain Visas excluded redemption agreements that provided for a return or partial return of investment upon demand by the investor were impermissible. The new guidance limits what may be considered a permissible redemption agreement that forms the basis for a visa application. Immigrant Investor Eligibility Requirements