According to WorldWay Immigration, the U.S. Department of State's Visa Office has recently released the visa bulletin for March 2016.
Final Action Date (FAD):
Based on the final action date in the table above, the cutoff date for the EB-5 visa for mainland China is January 22, 2014, advancing by one week compared to February 2016.
Impact on U.S. Investment Immigration EB-5 Applicants
According to the table, if your priority date is before January 22, 2014, and your I-526 has been approved, you may go for an interview at the consulate or submit your I-485 application in the U.S. to obtain a visa or conditional green card;
Waiting Time Caused by Visa Bulletin
According to this table, the EB-5 waiting time for March 2016 is approximately 25 months. Given the current average processing time for I-526 is around 15 months, we can conclude that:
Increased Waiting Time = Visa Bulletin Retrogression Time - I-526 Approval Time = 25 months - 15 months = 10 months
In other words, current EB-5 applicants from mainland China will still need to wait an average of only 10 additional months. Meanwhile, during the waiting period, the visa process has already been initiated, and after deducting the usual NVC processing time of about 3 months, it ultimately results in an average additional wait of 7 months compared to a situation without a visa bulletin.
Although the U.S. investment immigration process has been successfully extended, WorldWay Immigration experts believe that "immigration should be done sooner rather than later" remains a hard truth. Especially against the backdrop of the continuous depreciation of the Renminbi and the ongoing rise of the U.S. dollar, high-net-worth individuals increasing their holdings in U.S. dollar assets and accelerating their EB-5 investment immigration plans is an optimal choice to respond to the depreciation of the Renminbi, conduct overseas asset allocation, and diversify investment risks, while also obtaining U.S. status for the entire family, achieving multiple benefits! Friends interested in immigrating to the U.S. should plan early and submit their immigration applications as soon as possible to take control of the situation.
WorldWay Immigration has launched three exclusive high-quality EB-5 projects as the sole chief agent: the DLJ Four Seasons Hotel Resort Project (a successfully approved project funded by the trillion-dollar real estate fund DLJ), and the Columbus 90 Apartment Project (a Manhattan concept apartment project with a full set of I-526 documents already sample approved), which also boasts numerous advantages such as strong developer strength, ample job creation, low investment and repayment risks, and a good exit mechanism, making it a wise choice for seizing low-cost investment immigration opportunities to the U.S.