USCIS Announces Guidelines for EB-5 Regional Pilot Program

In a speech delivered on November 13, 2009, Department of Homeland Security (DHS) Secretary Janet Napolitano announced that the Obama Administration expects Congress to move on a comprehensive immigration reform bill early next year. Napolitano stated that an immigration overhaul “is a task that is critical, that is attainable, and that we are fully committed to fulfilling.”

Napolitano declared that any immigration overhaul must improve the nation’s visa system, and address the future flow of workers to meet the labor market demands. This is because businesses wishing to increase their workforce face barriers and caps in the highly-skilled visa categories which "make it difficult for highly-skilled foreigners to stay here and work." She concluded that this policy "hurts the economy for all of us, and it has to change."

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