We’re Moving to Washington, DC!

It was announced to the EB-5 community on Monday’s call with the USCIS Director Mayorkas that the EB-5 team will be making a move from the current California Service Center to Washington, D.C. In the long run this is supposed to help the EB-5 team become more specialized, etc., but in the short run, this can only mean one thing: DELAYS. Rather, EVEN MORE delays. With I-526 adjudications taking something like 9 months on a good day, and with I-924 Regional Center Applications taking a year or more, this was not the best news one could have hoped to hear on the call. As one of my old bosses used to say, it is what it is and we need to deal with it. I guess.