investor visas

Five Ways Trump is Taking on Legal Immigration

By Peek & Toland on June 15, 2017

The Trump administration’s approach to undocumented immigrants is frequently in the news. Less well known, is how the new president is taking on legal immigration.

Trump has also sought to change the way the United States deals with documented immigration and people who arrive here on work visas.

The travel ban announced in March bans travel from six predominantly Muslim countries. New visas have been suspended for people from Iran, Syria, Somalia, Libya, Yemen and Sudan. The ban was challenged by states including Hawaii.

Statements and leaked draft memos, have added to speculation about how legal immigration could be curtailed, reported Mother Jones.

This is a complex area. The issue of visas and which one you should apply for was confusing before Trump was elected and a period of flux began. You can find out more about visas on our website. There are as many as 76 categories of visas. Many are temporary non-immigrant visas. There are also immigrant visas that provide a potential pathway to citizenship.

Five ways Trump is taking on legal immigration

Five ways Trump is taking on legal immigration

Here are how some visa holders or applicants will be impacted

F-1: Student Visas
An F-1 visa is necessary if you plan to attend a university in the United States or a college, high school, private elementary school, seminary or another academic institution.

Many students holding F visas were affected by the travel ban. Four thousand Iranian students were affected by the ban, according to Mother Jones. A report in Fortune estimates colleges in the United States stand to lose as much as $700 million annually without the students’ funds. Trump did not specifically address student visas during the election campaign. However, he called for an end of the J-1 visa program for visiting academics and professors.

H-1B Highly Skilled Worker Visas

The H-1B visa program is important to technology companies that allow foreigners who work in a “specialty occupation,” such as engineering, technology, business or mathematics. Visa recipients have the option to renew their visas for a further three years so long as they remain employed. The number of H-1B visas is capped at 85,000.

Trump’s stance on the H-1B visa has varied. He accused visa holders of taking American jobs and said he would end the use of the visa as a tool to give overseas workers cheap jobs. However, he has also said the visa brings talented people into the United States.

In March, immigration authorities announced the expedited processing of H-1B visas, which allowed skilled workers to pay more for faster approval to work in the United States, would no longer be available from April 3.

All applicants will have to wait the standard period to see if they have won the “lottery.” Under the temporary suspension, they will no longer be able to pay an additional $1,225 for a guaranteed answer after 15 days.  Restrictions may also be imposed on spouses and children of H-1B visa holders.

EB-5 Investor Visas

EB-5 visas are a form of legal immigration because those awarded them and their families can qualify for green cards. However, investors must pump at least $1 million into the economy, or $500,000 in deprived areas.

Proposed amendments from the Department of Homeland Security would raise these investment amounts to $1.8 million and from $500,000 to $1.35 million in deprived areas

The EB-5 program brought in high investment from nations such as China but critics claim it opens the door to money laundering and other security risks. In some cases, investors have lost their money and not qualified for a green card. Sens. Diane Feinstein (D-Calif.) and Chuck Grassley (R-Iowa) have cosponsored a bill to end the program

H2: Seasonal worker visas

H2 visas allow U.S. companies to hire agricultural workers or other non-skilled workers like hotel staff on a seasonal basis provided that employers prove that they could not fill these position with citizens.

There are a limited number of these visas. So far, there are few indications that the system will be reformed.

O-1 Visas

These visas allow people of an extraordinary ability to come to the United States. Famous athletes, musicians and Nobel Prize winning scientists have been brought to the United States on the so-called artist or genius visas.

Trump’s travel ban would affect geniuses from the six specified countries. The Mother Jones article speculated it could impact the U.S. bid to host competitions like the 2024 Olympics.

If you need help in applying for a visa for yourself or a worker, please contact our experienced Austin visa lawyers today at (512) 474-4445.

Posted in Immigration Reform, Visas

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Department of Homeland Security Issues Amendments to EB-5 Investor Visas

By Peek & Toland on May 16, 2017

EB-5 investor visas allow foreign nationals and their families to gain green cards if they make a substantial investment in the U.S. economy.

However, a series of scandals in recent years led to calls for a tightening up of the program.

Last year, the Securities and Exchange Commission filed a criminal complaint against Regional Centers in Vermont. Two ski resorts were accused of being part of Ponzi schemes. The resorts went into receivership, leaving some innocent overseas investors facing possible deportation.

EB-5 investor visas face reform

Amendments to the EB-5 investment visas program were recently proposed by the Department of Homeland Security, in what was termed a Modernization Rule. A consultation period ended in April.

A foreign investor will need to bring more money into the United States than previously to benefit from EB-5 investor visas.

The EB-5 program gives green cards to foreign investors who create at least 10 jobs. The required investment amount was $1 million. Investors have also been able to make a $500,000 investment in a designated “Targeted Employment Area” (TEA).

A Targeted Employment Area is identified by a state as an area of high unemployment. It’s usually a rural area designated for economic development. The majority of EB-5 investors have set up businesses in TEAs.

However, an investigation last year pointed to potential gerrymandering that meant EB-5 investors were able to set up businesses in affluent areas for $500,000.

The new rule would:

  • Raise required investment amounts from $1 million to $1.8 million and from $500,000 to $1.35 million in deprived areas to reflect current dollar values; and
  • Allow foreign nationals to retain priority dates if an initial investment fails or stalls as they are waiting for a date to become current;
  • Give the Department of Homeland Security the power to designate regional centers. This would remove that responsibility from the states.

The changes were worked out in the final days of the Obama administration. They will be subject to review by the Trump administration.

If you are an overseas investor who wishes to bring job opportunities to Texas, it’s important to hire an immigration lawyer to help you with complicated EB-5 Investor visas. Please contact us for a consultation.

Posted in Immigration, Immigration Reform

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