DHS 'Decimated' EB-5 Visa Capital Firms, Investors Say

By Craig Clough (May 24, 2022, 7:44 PM EDT) -- A group of investors hit the U.S. Department of Homeland Security with an Administrative Procedure Act suit on Tuesday in Washington, D.C., federal court, alleging the department "categorically decimated an entire industry" by decertifying over 600 regional center programs as a part of its reorganization of the EB-5 visa program.

According to the suit from the investment and capital firms against DHS, the U.S. Citizenship and Immigration Service, DHS Secretary Alejandro Mayorkas and USCIS Director Ur Mendoza Jaddou, rather than gradually requiring EB-5 regional centers to make changes in line with the new system, USCIS misinterpreted the EB-5 Reform and Integrity Act of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!