Recently, former USCIS Director Michael Petrucelli specifically visited the Worldway Group following the U.S. presidential election.
During the interview, Mr. Michael disclosed the latest trends in U.S. Citizenship and Immigration Services (USCIS) policies to Worldway Group President Winner Xing.
Michael emphasized that EB-5 applications continue to be highly sought after. While the U.S. is currently increasing the number of adjudicators to process cases, visa retrogression for the EB-5 category is still expected to occur.
How should investors address the issue of retrogression? Worldway immigration experts point out that choosing government-backed projects pre-approved by USCIS can undoubtedly mitigate investment risks, reduce unexpected complications, and significantly shorten processing times. To a certain extent, selecting a USCIS pre-approved EB-5 project is the best strategy for handling visa retrogression.
Currently, the Pennsylvania Turnpike Project (Phase II) and the Liberty Garden Project in New York, both exclusively represented by Worldway, have already received I-924 exemplar approval from USCIS. This means that USCIS has pre-validated the legality and viability of these EB-5 investment projects. Consequently, when approving the I-526 conditional green card petition, provided that the project's legal documents remain unchanged, USCIS only needs to verify the legality of the source of the investor's funds without needing to re-examine the project itself. This can significantly shorten the application process and effectively address the impending retrogression issues faced by investors.
