U.S. investment immigration leading institution—Worldway Immigration Group, was the first to point out that 2015 was an "eventful year" in the history of U.S. investment immigration. This year, several "historical firsts" appeared in the U.S. investment immigration EB-5 industry. Whether it was the arrival of the "wolf" of visa retrogression, the outcry regarding the "wolf" of price hikes, or the new reform proposals from major political parties in Congress, all caused a major earthquake throughout the EB-5 industry. Worldway now presents the year-end review of major historical events in U.S. investment immigration for 2015 as follows.
4. Price hike proposals intensified the "last-minute" effect, with EB-5 case processing data hitting three historical highs
In the final quarter of the 2015 fiscal year, the volume of I-526 applications, the volume of I-829 applications, and the I-829 approval rate all reached historical highs. This was mainly due to the rumors of EB-5 policy changes and price hikes following the announcement of the S.1501 bill, which triggered a frenzy to catch the "last train" before September 30th.
5、The U.S. Securities and Exchange Commission (SEC) launched a series of combined measures to severely crack down on EB-5 fraud and violations
In 2015, U.S. media reported that the U.S. Securities and Exchange Commission (SEC) had intervened in multiple cases involving EB-5 developers and even immigration attorneys suspected of fraud, with the affected population primarily being Chinese investors. In terms of the intensity of the actions, the number of tactics used, and the strictness of regulation and punishment, these were unprecedented in history.
6、For the first time in history, two tables appeared in EB-5 case processing data
On September 9th, U.S. time, the U.S. Department of State's Visa Office released the new visa bulletin for October 2015, in which the EB-5 U.S. investment immigration visa (including other immigration categories) featured two visa charts and two cut-off dates for the first time. At the time, experts believed that President Obama's immigration reform was already showing initial results. However, in the December notice for adjustment of status applications, Table B was suspended, and the process reverted to Table A. The greatest potential benefit expected from President Obama's new immigration reform policy thus came to a standstill.
Finally, Worldway would like to remind all investors again: U.S. investment immigration EB-5 has been unconditionally extended to September 30, 2016, but the warning of policy changes and price hikes remains. If you do not wish to pay an additional $300,000 and cannot provide proof of complete tax records for the past 7 years, yet still wish to immigrate to the U.S. through investment at the historical low price of $500,000, please seize this final favorable opportunity. Expedite your EB-5 investment immigration application, and act quickly to submit your files and transfer funds. The sooner you succeed in immigrating to the U.S., the sooner you can escape the risks of policy changes.
Worldway's EB-5 projects—the DLJ Four Seasons Hotel Resort project (a project with successful investment and repayment by 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 exemplar approval)—possess numerous advantages such as strong developer backing, sufficient job creation, low investment and repayment risk, and a sound exit mechanism. These have become the smart choice for seizing the opportunity for low-cost investment immigration to the U.S., and have once again sparked a buying frenzy in the EB-5 market. For project information and group buying inquiries: 400-138-2929