Recently, Charles Oppenheim, Director of the Visa Control Center at the U.S. Department of State, shared the latest situation regarding the U.S. investment immigration EB-5 visa. In the fiscal year 2015, a total of 9,764 EB-5 visas were issued globally, of which China accounted for 8,157, approximately 83.55% of the total EB-5 visas. In the 2016 fiscal year, Chinese applicants for EB-5 visas still face waiting periods, and the latest predictions for the EB-5 visa waiting periods for fiscal year 2016 are as follows:
1. Two Peaks in Applications, Severe Situation of EB-5 Visa Waiting Period
In 2016, there are a total of 9,940 EB-5 green cards available. Chinese applicants will continue to dominate the applications.
[WorldWay Interpretation] The rush for the historical opportunities presented by the two deadlines of September 30 and December 11 under U.S. investment immigration has led to two peaks in EB-5 visa applications. Overall, Chinese EB-5 investors still face a severe situation with increasing applications and waiting periods in the future.
2. Slow Extension of EB-5 Waiting Period, Immigrants Must Act Quickly
Currently, the expectations for the next few months are:
* The expected deadline for the EB-5 waiting period in December 2015 is December 15, 2013;
* The expected deadline for the EB-5 waiting period in January 2016 is January 8, 2014.
* The expected deadline for the EB-5 waiting period in February 2016 is January 15, 2014.
* The expected deadline for the EB-5 waiting period in September 2016 is between April and May 2014.
[WorldWay Interpretation] The situation with the EB-5 visa waiting period remains severe, and investors should act quickly: on one hand, investing in projects where the complete application documents have received I-526 sample approval from the U.S. Citizenship and Immigration Services early may help avoid impacts from changes in policies and price increases; on the other hand, it is crucial to race against time to make early decisions and submissions to catch the last bus before the changes in U.S. investment immigration policies.
3. Seizing the Last Historical Opportunity for U.S. Immigration on December 11
The National Visa Center of the United States will strive to process as many I-526 forms as possible before December 11 and arrange as many interview opportunities as possible, allowing more investors to benefit without worrying about the impact of the regional center program expiration on December 11. Therefore, investors should seize this last chance to invest $500,000 in immigration to the U.S.
[WorldWay Interpretation] In this situation, Chinese EB-5 investors who submit applications with full sets of application documents that have received I-526 sample approval from the U.S. Citizenship and Immigration Services can successfully pass the I-526 approval to obtain conditional green cards, provided that there are no issues with the investor’s personal documents, thereby significantly reducing the risk of obtaining a green card.
WorldWay will extend the group buying storm to December 11 and is pleased to introduce the two major projects that are the only chief representatives in the Greater China region with full application documents that have received I-526 sample approval, are well-funded, have strong repayment capabilities, and are committed to helping investors catch the last bus on December 11 – the DLJ Seasons Hotel Resort Project and the Columbus No. 90 Apartment Project. For more project details and group buying information, please call the WorldWay 24-hour consultation hotline: 400-138-2929.
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