U.S. Investment Immigration The deadline of December 11 for U.S. immigration is approaching, and the changes to EB-5 have once again become the focus of the industry. Recently, the latest EB-5 proposal has been continuously shaken by reforms, and EB-5 may face not only price increases and changes in employment calculation methods but also significant changes to the grandfathering clause, which is referred to as the "last lifeline of EB-5". This has triggered major aftershocks in EB-5, making it the strictest and most lethal "grandfathering clause" in history. Worldway is now providing an authoritative and exclusive interpretation of the scope and effectiveness of the grandfathering clause protection in the new EB-5 proposal.
Worldway has learned that this new EB-5 proposal is a continuation of the significant issues discussed after the introduction of the S.1501 bill on June 3. Among them, the price increase of EB-5 has become a consensus in the industry, and the proposal has specifically clarified the following regarding the protection of the grandfathering clause:
1. Before June 1, 2015:
Projects that successfully submitted I-526 sample approvals are protected by the grandfathering clause.
2. After June 1, 2015:
Projects that have obtained I-526 sample approval from the immigration bureau or projects that have successfully obtained I-526 approval can be protected by the grandfathering clause.
As a leading institution in investment immigration, Worldway accurately grasps the latest industry dynamics of U.S. EB-5 investment immigration, having successfully predicted the policy direction of U.S. immigration multiple times. It has pioneered numerous historical precedents in the U.S. immigration industry, especially in selecting projects and effectively reducing risks, adapting to the new normal of "project supremacy" during this critical period of U.S. investment immigration.
Currently, all Worldway projects are protected by the grandfathering clause. Among them: the DLJ Four Seasons Hotel Resort project obtained I-526 sample approval from the U.S. immigration bureau in March 2015 and received formal I-526 approval in October; the Columbus 90 Apartment project obtained I-526 sample approval from the U.S. immigration bureau in May 2015.
Currently, all Worldway projects are protected by the grandfathering clause. Among them: the DLJ Four Seasons Hotel Resort project obtained I-526 sample approval from the U.S. immigration bureau in March 2015 and received formal I-526 approval from the U.S. immigration bureau in October; the Columbus 90 Apartment project obtained I-526 sample approval from the U.S. immigration bureau in May 2015.
In the current context of the impending changes to U.S. investment immigration on December 11, the grandfathering clause, which was once regarded as the "last lifeline of EB-5" by the industry, may now face significant revisions and changes. This could result in some EB-5 projects no longer being protected by the grandfathering clause, undoubtedly triggering major upheavals within the EB-5 industry.
This regulation regarding the effective date will affect hundreds of thousands of projects and investors who hurriedly submitted applications to meet the new policy deadline. Investors will find themselves in a dilemma, either being forced to add an additional investment of $300,000 or withdrawing their applications and giving up on EB-5 investment immigration. Projects that have already commenced will face serious delays as they need to wait for the demonstration application to be approved. Meanwhile, if any investors in the project decide to withdraw due to this retroactive application decision, the project will have to seek new investments to fill the gap.
Of course, this proposal is still under discussion, and the final conclusion may still change, but wise Chinese EB-5 investors should prepare for the worst, making the most thorough preparations and investing quickly in high-quality projects protected by the grandfathering clause before the changes on December 11.
It is particularly noteworthy that Worldway projects not only benefit from the protection of the grandfathering clause and continue to enjoy the last $500,000 bonus policy but also possess numerous advantages such as ample employment, strong developers, good exit mechanisms, and low investment and repayment risks. Of course, each project also has its unique advantages, and it is precisely because of the concentration of many advantages that they have become the best choice for successfully seizing the last opportunity for U.S. immigration before the December 11 deadline in the EB-5 market. For detailed inquiries: 400-138-2929