ITHACA, N.Y., Sept. 8, 2022 /PRNewswire/ -- Carolyn Lee PLLC (CLP) is pleased to share a remarkable investor story.

Carolyn Lee PLLC announces first I-526E receipted under Reform and Integrity Act of 2022 (RIA).

A client contacted Carolyn Lee about EB-5 visas for the family, having first worked with Carolyn on the successful EB-5 case for an elder son some years back. The family now had a sensitive situation.

Their child was months from aging out – that is, turning 21. Aging out results in a child no longer qualifying for inclusion in the parent's EB-5 case. The parents were anxious to do all they could to keep their daughter included.

The new EB-5 Reform and Integrity Act of 2022 (RIA) was enacted in March 2022 with the support of Carolyn in her capacity as legislative counsel to IIUSA, the leading EB-5 trade association. As USCIS began to interpret this massive new body of immigration law, guidelines emerged.

One such guideline was the requirement that an I-956F (Application for Approval of an Investment in a Commercial Enterprise) receipt be included in the investor's petition. The investor's petition itself had to be filed on the newly published Form I-526E for regional center-based investments. Yet, the I-956F filed by the regional center had been pending for weeks with no formal receipt, though a plain paper receipt was in hand.

The child in this case was days from aging out in July 2022. The investor's regional center, a supportive industry leader, prepared an expedite request to USCIS requiring urgent issuance of the I-956F receipt.

Carolyn Lee argued that the I-956F receipt required was already in hand, as the I-956F form instructions did not specify the form of receipt required. Moreover, Carolyn argued that USCIS's practice of issuing plain paper notices to EB-5 regional centers established the relevant precedent.

The I-526E was filed just before the child turned 21 years, hoping until the last for a formal receipt to issue. A paper acknowledgment of filing arrived, but not the formal I-526E receipt with it under the new 2-step USCIS process for EB-5 receipt issuances. Then, the formal I-526E receipt was issued.

This I-526E receipt is likely the first issued in EB-5 RIA history.

We at Carolyn Lee PLLC are proud of our own story of continuing to make EB-5 history. Most of all, we are proud to be a part of an EB-5 advocacy community that worked hard to keep this family together.

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contact@carolynleepllc.com

SOURCE Carolyn Lee PLLC