Recently, the U.S. Citizenship and Immigration Services released the latest EB-5 review data for the first quarter of fiscal year 2016. WorldWay Immigration Group interprets this data as follows:
I-526 Immigration Applications: As of the first quarter of fiscal year 2016, there are 21,988 applications pending approval.
I-829 Removal of Conditions Applications: As of the first quarter of fiscal year 2016, there are 4,256 applications pending approval.
【WorldWay Interpretation】 The EB-5 review data for fiscal year 2016 shows a significant backlog in both I-526 and I-829 applications, coupled with a noticeable slowdown in review progress over the past few months. These phenomena clearly indicate that many investors are rushing to submit applications to avoid the risks associated with changes in the EB-5 program, and a new peak in submissions is imminent. In light of the severe circumstances of policy changes, backlogs, and waiting times, investors must expedite their immigration process and prioritize high-quality EB-5 projects that have been approved, are not affected by TEA changes, and are located near metropolitan areas.
Currently, WorldWay Immigration Group serves as the exclusive chief agent for two approved projects in China - 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 complete set of I-526 documents already sample approved). Both projects have the advantage of entering a fast-track approval process, making them the preferred choice to address waiting times and backlogs. Additionally, they possess numerous other advantages, including strong developer capabilities, ample job creation, low investment and repayment risks, and good exit mechanisms. Especially, the DLJ Four Seasons Hotel Resort Project is currently the only high-quality EB-5 project in the market that has successfully approved I-526 applications for two batches of investors, is funded by a large real estate fund, has ample job creation, and offers first-priority repayment for investors.
Currently, after several rounds of frantic rush, the remaining slots for the DLJ Four Seasons Hotel Resort Project have sharply decreased, and the last limited slots are in urgent demand. WorldWay Immigration Group will conduct the final subscription tour in Shanghai and Qingdao on the 26th and 27th, respectively. Please cherish the scarce slots! To make an appointment for more information about the event and projects, please contact: 400-138-2929