USCIS will suspend premium processing for H-1B extensions from May 26 through July 27 in order to devote resources to the upcoming H-4 employment authorization program. The unexpected announcement is likely to have a significant negative impact on employers, H-1B foreign nationals and their H-4 dependents. Fragomen and other immigration stakeholders are working to obtain clarification from USCIS and to communicate the effect of the suspension on U.S. businesses.

USCIS is suspending premium processing for H-1B extensions from May 26 through July 27 in order to devote resources to the upcoming H-4 employment authorization program. The suspension is likely to have a significant negative impact on employers, H-1B foreign nationals and their H-4 dependents.

Are you an F-1 student who is the beneficiary of an H-1B petition and a request to change status to H-1B for employment starting on October 1, 2014? If you are planning to travel abroad between now and October 1, you should carefully consider whether your travel is necessary.

Whatever EB-5 portends for the U.S. economy and investors, there’s more to come.

U.S.-China Chamber of Commerce president Siva Yam said the demise of Canada’s investor visa program "will draw some Chinese investors to America" who would have otherwise made a bid for residency north of the border.

For wealthy Chinese eager to put their capital abroad, risking becoming a fraud victim or a flop may be worth it...

New Oriental Education & Technology offers millions of Chinese students English language training and test prep courses — all framed as a way to make dreams come true. Success through education is New Oriental's (EDU) consistent marketing theme, says George Haley, author of "The Chinese Tao of Business." And that consistency helps explain its success...

To read the full article, please see the Investor's Business Daily. All rights are reserved by Investor's Business Daily