Fla. Real Estate Co. Sues Feds Over Rejected EB-1 Visa

By Alyssa Aquino (July 30, 2021, 4:05 PM EDT) -- A Florida real estate developer sued U.S. Citizenship and Immigration Services over a rejected extraordinary ability visa for its Swedish CEO, saying the agency unlawfully ignored evidence that the executive played a vital role in fundraising more than $390 million.

Index Equity US LLC slammed the visa denial, saying in Thursday's complaint that USCIS had "arbitrarily" refused to credit Bjarne Borg for his companies' financial success because he did not personally receive the investments.

"The reasoning USCIS uses to downplay the significance of the over $390M in funding awarded to Mr. Borg for undertaking his various ventures is clearly arbitrary. This...

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