As the traditional Chinese Mid-Autumn Festival approaches, great news has emerged in the U.S. investment immigration sector. The widely discussed potential price increase for U.S. investment immigration has reversed as the September 30 deadline approaches. The EB-5 Regional Center Program, which allows for U.S. investment immigration at the $500,000 level, may be briefly extended until December 11. For domestic EB-5 investors, this is undoubtedly the most practical U.S. immigration benefit received before the Mid-Autumn Festival.
On the afternoon of September 22, 2015 (U.S. time), the Senate introduced a Continuing Resolution to ensure the federal government can continue to operate until December 11. If this proposal is passed, the existing EB-5 Regional Center Program will also be extended until December 11.
It is expected that the Senate will debate this bill and pass it in the coming days. The bill will then be submitted to the House of Representatives. To ensure that the federal government does not shut down before October 1, 2015, the House must pass this bill without any amendments.
Furthermore, because the new EB-5 bill involves significant changes, there is still much controversy among both parties and Congress regarding many of its specific details. With the September 30 deadline approaching and time running out, both parties have been unable to reach a consensus in the short term. Currently, it is highly likely that Congress will briefly extend the EB-5 Regional Center Program until December 11 via a temporary resolution before September 30, and will discuss comprehensive legislative reform for EB-5 over the following two-plus months.
The timeline for the final price increase for EB-5 investment may be postponed once again. For investors who want to immigrate, this may truly be the last chance to catch the final bus.
Worldway immigration experts analyze that the best solution to deal with these many uncertainties is to choose a project that has already received exemplar approval from the USCIS, has sufficient employment creation, and carries low repayment risk. Currently, the DLJ Four Seasons Hotel and Resort project, which is a hot seller at Worldway, is a project where the full I-526 document set has received USCIS exemplar approval, has sufficient employment creation, and carries low investment and repayment risk. This project also features management by the multi-billion dollar real estate giant DLJ Group, investment participation by Four Seasons Hotels, a 1.4x employment ratio, first-priority mortgage rights on project assets for EB-5 funds, first-priority repayment for investors, and other numerous advantages including two repayment reserve accounts provided by the project. To secure the final quota for the DLJ Four Seasons Hotel and Resort project through group buying (group buying ends on September 30), please call 400-138-2929.
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