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USCIS clarifies EB-5 eligibility of redemption agreement-financed investments

  1. Date Announced

    Oct. 30, 2018

    USCIS 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]

    View Policy Document
  2. Effective Date of Change

    Oct. 30, 2018
Status: Final/Actual
Type of Action: Agency Directive
Agencies Affected: USCIS

Prior Policies

  • 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

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