{"id":54275,"date":"2022-08-25T14:57:29","date_gmt":"2022-08-25T14:57:29","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=97057"},"modified":"2022-08-25T14:57:29","modified_gmt":"2022-08-25T14:57:29","slug":"eb-5-industry-leaders-uscis-agree-to-joint-settlement-of-two-lawsuits","status":"publish","type":"post","link":"https:\/\/dailysouthafrica.com\/eb-5-industry-leaders-uscis-agree-to-joint-settlement-of-two-lawsuits\/","title":{"rendered":"EB-5 Industry Leaders, USCIS Agree to Joint Settlement of Two Lawsuits"},"content":{"rendered":"

EB-5 stakeholders ensure all previously approved regional centers maintain authorization moving forward<\/em><\/strong><\/p>\n

WASHINGTON, D.C., Aug. 25, 2022 (GLOBE NEWSWIRE) — Multiple EB-5 industry stakeholders have entered into a settlement agreement with the United States Citizenship and Immigration Services (\u201cUSCIS\u201d) that protects EB-5 investors and re-authorizes previously approved regional centers, effectively signaling the EB-5 program is fully back in business.<\/p>\n

The settlement affects two cases:\u00a0Behring Regional Center LLC, et al. v. Mayorkas, et al.<\/em>, No. 3:22-cv-2487-VC (N.D. Cal.) and\u00a0EB5 Capital, et al. v. DHS, et al.<\/em>, No. 3:22-cv-3948-VC (N.D. Cal.). The plaintiffs include EB-5 regional center operators:\u00a0EB5 Capital<\/a>,\u00a0CanAm Enterprises<\/a>,\u00a0Civitas Capital Group<\/a>,\u00a0Golden Gate Global<\/a>,\u00a0Pine State Regional Center<\/a>, and EB-5IC\u2019s member \u2013 Behring Regional Center, and industry organization Invest in the USA (\u201cIIUSA\u201d).<\/p>\n

The key stipulations of the settlement \u2013 which can be read in its entirety\u00a0here<\/a>\u00a0\u2013 are as follows:<\/p>\n