There are reports that, according to a notice sent by the U.S. Department of State to the American Immigration Lawyers Association, based on the current application progress, the investment immigration quota for August this year is likely to be full. At that time, due to the high number of cases, it may not be processed in a timely manner, necessitating the establishment of a waiting date, similar to the current employment-based immigration EB-2 or EB-3, where applications can only be processed on specified dates. This will undoubtedly affect the time it takes for applicants to obtain a green card.
The EB-5 investment immigration program is a means to attract overseas investors and increase employment opportunities in the United States. It is mainly divided into direct investment and indirect investment through regional centers, with a total of 10,000 quotas available each year. In recent years, the majority of applicants have been from China, so once a waiting period is required, it will mostly affect Chinese investors. However, last year the U.S. Department of State also issued a similar notice, but ultimately the applications did not exceed the quota, so no waiting date was set. However, due to the continuous increase in the number of applicants in recent years, the situation this year may be different, and investors should be mentally prepared for this.
According to immigration experts at WorldWay, the requirements for EB-5 investment immigration are quite lenient for applicants. Whether it is education, funds, language, or thresholds, they are much lower than those in Canada. Applicants only need to invest $500,000 in a government-designated Target Employment Area through a regional center or direct investment and create 10 jobs directly or indirectly to obtain a two-year conditional immigration visa. After the two-year conditional immigration visa expires, if the investment project is still operating normally and meets the employment conditions, the applicant can obtain a permanent green card. Permanent green card holders enjoy the same benefits as U.S. citizens, such as health insurance, various subsidies, unemployment benefits, and welfare insurance. It is worth noting that conditional green card holders also enjoy the same benefits in this regard. Additionally, after immigrating to the United States through investment, one can reside anywhere in the U.S. Furthermore, the children of investment immigrants can attend public primary and secondary schools in the U.S. for free; they can also enjoy low in-state tuition and various scholarships at prestigious public universities, and can freely seek employment after graduation.
Currently, the news that U.S. investment immigration applications may require a waiting period has created a sense of urgency among many investors, prompting them to consult WorldWay about U.S. investment immigration matters. To meet this demand, WorldWay has conducted thorough research and evaluation and is proudly launching the "New Year Initiative" New York China Center EB-5 project. This project aligns with WorldWay's philosophy of selecting EB-5 projects, which is to recommend relatively low-risk "safe" projects to clients while ensuring compliance with immigration laws. For more details about this project and to handle U.S. investment immigration matters, please call the toll-free hotline at 400-138-2929.
