Join us in June for the inaugural U.S. Immigration Month hosted by Worldway. The Worldway Immigration Group will grandly hold the first U.S. Immigration Month event in China across seven cities, launching a series of themes including the latest comprehensive information on U.S. investment immigration, trend analysis, policy interpretation, U.S. education, U.S. real estate, U.S. finance and taxation, U.S. financial investment, and new life in U.S. immigration. Just yesterday, the Worldway official website published a policy interpretation article titled "The Price Increase Wolf is Really Here." Tomorrow, there may be a clear answer regarding the EB-5 price increase issue. The new EB-5 proposal may be released tomorrow.
According to information from Worldway Immigration Group's partner attorney GT Law and various industry leaders, tomorrow morning, which is tonight Beijing time, Charles E. Grassley, Chairman of the U.S. Senate Judiciary Committee, and Senior Senator Patrick J. Leahy will jointly propose the EB-5 reform bill.
It is reported that Patrick J. Leahy is a staunch supporter of EB-5 at the highest levels of politics, having just stepped down from the position of Chairman of the Senate Judiciary Committee, passing the baton to Charles E. Grassley. Charles E. Grassley is known as a firm opponent of illegal immigration and is considered to be somewhat of a critic of EB-5. Over a month ago, there were industry reports that Patrick J. Leahy's office was drafting the EB-5 reform bill. It now appears that he has reached an agreement with Judiciary Committee Chairman Charles E. Grassley. These two heavyweight figures in Congress, representing the polarized Republican and Democratic parties that support and criticize the EB-5 program, have reached a consensus and are jointly launching the EB-5 reform proposal, which is expected to face little resistance in passing the new bill.
Although the proposal has not yet been revealed, it is said to include the following main points:
1. EB-5 Regional Center Act: It will be extended, made permanent, or extended for a long period;
2. Price Increase: The minimum investment amount within TEA is expected to be agreed upon at $900,000, while outside TEA it will be $1.2 million;
Normally, tomorrow in the U.S., which is tonight for us, the two leaders will submit the proposal, and the price increase wolf is indeed here, so please stay tuned.
According to Worldway's analysis and predictions, the specific price increase for EB-5 is likely to occur around the September 30 deadline this year. Coupled with inflation in the U.S., it is estimated that the minimum investment amount for EB-5 may be around $900,000. An increase in investment amounts means greater capital input, which also increases investment risks, complicates the explanation of the source of funds, and raises the risk of application rejection. Worldway reminds investors to invest as early as possible before the price increase on September 30, which may be the most prudent choice for Chinese EB-5 investors. This is currently a golden period to seize the last chance for U.S. investment immigration. In this context, Worldway Group will passionately present three pre-approved premium projects during the inaugural U.S. Immigration Month event, helping investors better understand U.S. investment immigration policies and effectively respond to the three major crises of U.S. investment immigration. For more information, please call: 400-138-2929.
