As early as 2014, U.S. investment immigration leader Worldway was the first to point out that 2015 would be a turbulent year, authoritatively predicting three major crises: visa retrogression, price increases, and policy changes. In early July 2015, Worldway was again the first in the industry to warn that the September 30 policy changes would trigger two major 'earthquakes' for EB-5: price hikes and changes to employment calculation methods. With the December 11 policy change approaching, the four major reforms highlighted in the latest EB-5 bill also emphasize significant changes to employment calculation methods, which coincides with Worldway's previous predictions.
Worldway has learned that the new EB-5 bill stipulates that 10% of job opportunities must come from direct, full-time W-2 employees (employees on the payroll subject to withholding tax) of the JCE (Job Creating Enterprise). This means that direct construction positions, which are considered indirect employment under the current EB-5 act, will not count toward this 10% requirement. This also implies that projects with high employment surpluses will become a thing of the past. Furthermore, the employment risk for investors will increase significantly. At the same time, many construction projects will be unable to meet this new employment calculation standard.
Of course, the bill is still under discussion and the final conclusion may change. However, wise EB-5 investors should take precautions, be prepared for the worst, and make the most thorough preparations. It is better to believe it is true and make the best plans before the December 11 policy change. Investing quickly in high-quality projects protected by the grandfather clause, where employment is unaffected by policy changes, is undoubtedly the best choice to cope with the December 11 policy change.
As the December 11 deadline for U.S. investment immigration approaches, Worldway has extended its group-buying storm until December 11 and is passionately launching three high-quality EB-5 projects—the DLJ Four Seasons Hotel Resort project and the 90 Columbus apartment project—to once again go all out to help investors catch the last bus before the December 11 policy change!
It is particularly worth noting that the above three EB-5 projects, for which Worldway is the sole lead agent, are the best choices for dealing with the December 11 policy change. Among these three projects, the DLJ Four Seasons Hotel project received exemplar pre-approval in March this year, and investors' I-526 applications have also been approved; the 90 Columbus project received exemplar pre-approval in May this year, so after December 11, the ongoing I-526 approvals for investors in these two projects will not be affected.
More importantly, these three projects are all high-quality projects that have already been successfully grandfathered. They can be protected by the strictest grandfather clause in history and are not affected by TEA reforms or employment calculation changes, allowing them to continue to enjoy the favorable policy of the final $500,000 investment threshold.
In addition, these three projects also possess numerous advantages, including sufficient employment, strong developers, sound exit mechanisms, and low investment and repayment risks. Of course, each project also has its own unique advantages. It is precisely because they possess many concentrated advantages that they have become rare, successful choices in the EB-5 market for catching the last bus for U.S. immigration before December 11. For detailed inquiries, please call: 400-138-2929