Worldway Group learned from China News Service on December 7: According to a report compiled by the U.S. edition of Sing Tao Daily, as the U.S. federal EB-5 Immigrant Investor Visa Program is set to expire on the 11th, members of Congress are striving to resolve the disputes surrounding the EB-5 visa as quickly as possible. Especially in these final days, lawmakers are accelerating last-minute negotiations, and a new U.S. EB-5 investment immigration bill could potentially be introduced as early as this week.
Several members of Congress indicated to EB-5 industry professionals on the evening of the 2nd that they intend to vote on a new draft in the coming days to renew the EB-5 program. However, due to differing opinions among real estate developers in various cities regarding the new draft, it is currently unknown whether congressional leaders will bring the proposal to a vote.
![[Focus on EB-5 Reform] New U.S. Investment Immigration Bill May Be Introduced](https://www.worldwayhk.com/KindEditor/attached/image/20151207/20151207165841_3085.jpg)
The newly drafted "American Job Creation and Investment Promotion Reform Act" stipulates that the minimum investment threshold for projects in "Targeted Employment Areas" (TEA) will be increased from the current $500,000 (USD, same below) to $800,000, while non-TEA projects will remain at $1 million. TEA areas will be divided into two categories: rural areas and high-unemployment areas, with 2,000 visa slots reserved for each category. The remainder will be for high-unemployment metropolitan areas, but these areas will be limited to no more than 12 contiguous census tracts, primarily concentrated near the investment project, or projects located within high-poverty census tracts.
Worldway Group, a leading institution in U.S. investment immigration, analyzes that regardless of whether the EB-5 bill changes or not, and whether it takes effect under the strictest or more lenient standards, wise EB-5 investors should take precautions, be prepared for any eventuality, and make the most thorough preparations. By planning for the worst-case scenario before the December 11th policy change, and choosing projects according to the strictest high standards currently discussed in the industry, investors can undoubtedly maximize their ability to avoid the impact of the many future policy uncertainties by quickly investing in high-quality projects protected by the grandfather clause.
Worldway Group's three exclusive high-quality EB-5 projects—the DLJ Four Seasons Hotel and Resort project (a successfully approved project with investment and repayment from the multi-billion dollar real estate fund DLJ) and the 90 Columbus Apartment project (a rare Manhattan concept apartment project with a full set of I-526 documents already receiving sample approval)—are highly sought after by investors. The main reason is that these three projects are high-quality projects that have been "successfully grandfathered." Even under the strictest current EB-5 reform standards, these projects still meet the requirements for "successful grandfathering," and their investment amounts, TEA designations, and job calculation methods remain unaffected by the many policy uncertainties surrounding the December 11th changes.
In particular, the DLJ Four Seasons Hotel and Resort project received official I-526 approval from the U.S. Citizenship and Immigration Services (USCIS) this October. This means that all investors in this project, regardless of when they submitted their applications, will enter the fast-track approval process, provided their individual application documents are in order!
To secure your spot for U.S. investment immigration at the $500,000 level, please call our group purchase hotline: 400-138-2929
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