Today marks the deadline of December 11 for U.S. investment immigration. Due to the time difference between China and the United States, the final results of the policy changes may be announced tonight. However, the general outcome of the changes is already largely known. On December 9, the House of Representatives introduced a short-term extension bill (CR - Continuing Resolution) to postpone the government budget for 5 days, until midnight on December 16. The budget extension bill will then be voted on by Congress. If all goes well, it will pass smoothly! This also means that the EB-5 program will be temporarily extended for another 5 days, but significant policy changes will follow closely behind.
In addition, both chambers of Congress have reached a basic consensus on the terms of the new EB-5 legislation, including price increases, stricter regulations, changes to the definition of TEA, modifications to employment calculations, and the establishment of grandfathering clauses, among other important reforms. It is expected to be unanimously approved within the next week and announced together with the new government budget.
The introduction of the "Government Budget Short-Term Extension to December 16" published on the official website of the White House
Once the government budget bill (Omnibus funding bill) is passed, the EB-5 program will be temporarily extended for one year, and the 5-year (permanent) EB-5 Regional Center Program bill will also be approved. According to the timeline of the budget bill's passage, the latest deadline for the EB-5 program will be December 16, 2015. Even if the latest submission time for EB-5 applications under the old policy is reserved for the effective date of the new law, there will only be a maximum of 6 days left.
According to the latest changes in the "more reliable EB-5 new draft," the price increase is not only a certainty, but the timeline for grandfathering projects is also clearly set at December 6. Projects that successfully obtained pre-approval from the U.S. Citizenship and Immigration Services before December 6, 2015, can enjoy a short protection period. The most significant impact on investors is that after the new law is implemented, there will be a 90-day buffer period for price increases. The investment amount will rise to $600,000 within the first 30 days after the new law takes effect. From the 31st to the 60th day after the new law takes effect, the investment amount will increase to $700,000; from the 61st to the 90th day after the new law takes effect, it will rise to $800,000.
From the above new draft, it can be seen that the pace of policy changes and price increases is accelerating, and both the intensity and strength are being enhanced. Investors who delay their decisions by even one minute may face a significant risk of price increases of $100,000, $200,000, or even $300,000. This once again confirms the hard truth emphasized multiple times by WorldWay Immigration: "It is better to immigrate early than late" and "to respond to changes with stability." It also corroborates the advice and advocacy of Klasko, a leading authority in the U.S. investment immigration EB-5 sector and a long-time friend of WorldWay Immigration, that "waiting for policy changes is not as good as investing early."
Top U.S. immigration attorney Klasko collaborates with WorldWay Immigration to interpret the path of EB-5 policy changes
At the time of changes in U.S. investment immigration policies, the primary rule for investors to respond is one word—fast! Only fast is unbreakable! Only by quickly investing in high-quality projects protected by the grandfathering rule, quickly applying, quickly remitting funds, and completing the investment actions and behaviors before the new law takes effect can investors address their urgent needs.
Finally, WorldWay Immigration experts remind investors as always: Wise EB-5 investors should prepare for the worst, be well-prepared, and respond to changes with stability. They should remember the principle that projects are king and try to select projects according to the industry's most stringent high standards currently being discussed. Rapidly investing in high-quality projects that are protected by the grandfathering rule, have sufficient employment, and carry low investment and repayment risks will undoubtedly maximize the ability to avoid the impact of future policy uncertainties.
WorldWay Immigration's three exclusive top EB-5 projects—DLJ Four Seasons Hotel Resort Project (a successfully approved project funded by the trillion-dollar real estate fund DLJ) and Columbus 90 Apartment Project (a Manhattan concept apartment project with a full set of I-526 documents already sample approved)—are highly sought after by investors primarily because all three projects are high-quality projects that have successfully been grandfathered. Even under the current strictest EB-5 reform execution standards, these three projects still meet the requirements for successful grandfathering, and their investment amounts, TEA target employment area determinations, and employment calculation methods are not affected by the uncertainties of future policy changes on December 11. In addition, these three projects also have many advantages, including strong developer capabilities, sufficient employment, low investment and repayment risks, and good exit mechanisms. Call now: 400-138-2929