Worldway Immigration Group has learned from the latest updates from the U.S. Citizenship and Immigration Services (USCIS) that the U.S. EB-5 Immigrant Investor Program will face "three highs"—increased application fees, increased investment amounts, and a peak in backlogs. To avoid these numerous uncertainties, this is the final golden period to secure a $500,000 investment for U.S. immigration. EB-5 investors interested in immigrating to the U.S. should act urgently, apply as soon as possible, submit documents early, remit funds promptly, and complete their investments. This is the wisest choice to address the current urgent EB-5 situation.
The 1st High: Increased Application Fees
Recently, the Department of Homeland Security (DHS) published a proposal in the Federal Register to increase USCIS application fees for various immigration and naturalization processes, with an average increase of 21%. It is reported that the new fee schedule is expected to be implemented within 60 days.
The 2nd High: Increased Investment Amounts
The 25-year-old U.S. EB-5 Immigrant Investor Program is bound to see price increases. The U.S. Citizenship and Immigration Services is currently drafting relevant EB-5 regulations. Among the specific terms of the new EB-5 draft that have reached consensus, an increase in the EB-5 investment amount is at the forefront. At the same time, the U.S. Congress is under constant pressure to urge USCIS to push for an EB-5 price hike. According to the latest EB-5 draft, the investment amount in TEA (Targeted Employment Area) regions will increase to $800,000, and to $1 million in other regions.
The 3rd High: Warning of a Peak in Backlogs
As of the first quarter of the 2016 fiscal year, there were 21,988 pending I-526 applications, and the backlog of I-829 applications reached as high as 4,256. Furthermore, combined with the significant slowdown in case processing progress over the past few months, it is preliminarily predicted that a peak in application backlogs will occur within the next six months.
[Worldway Analysis] How to Resolve Worries? Speed is Key
Worldway U.S. immigration experts remind: Investors who have already submitted or are preparing to submit an I-526 application, please arrange your application progress reasonably. To avoid higher application fees, future policy changes, price hikes, and application backlogs, please remit funds and complete your investment as early as possible. Remitting funds one day earlier means escaping these uncertainties one day sooner; Investors who are interested in immigrating to the U.S. or are currently hesitating must act, apply, and invest as soon as possible. After all, the increase of the investment amount from $500,000 to $800,000 is just around the corner. Excluding the time needed to prepare materials, there is very little time left for investors to hesitate. We hope wise investors will take urgent action to rush their submissions and investments. Of course, investors still need to carefully control EB-5 project risks, prioritizing EB-5 projects that have already been approved, have low investment and repayment risks, sufficient job creation, are unaffected by EB-5 policy changes and TEA reforms, and possess excellent comprehensive quality in metropolitan areas.
Based on a precise analysis of 2016 U.S. investment immigration trends, Worldway Immigration Group has launched high-quality EB-5 projects that are unaffected by TEA reforms and are located in metropolitan areas—the DLJ Four Seasons Hotel and Resort project (a project where investors have been successfully approved and repayment is made by a large real estate fund), the 90 Columbus Apartment project (an approved, scarce concept apartment project in Manhattan, New York), and the Nevada Solar Power project (a high-employment project guaranteed by a large New York-listed company). With numerous concentrated advantages such as low investment and repayment risks, sufficient job creation, sound exit mechanisms, high-quality collateral and guarantees, strong developer strength, and a reliable project development team, these projects have become excellent choices for investors to immigrate to the U.S. at a lower cost. For more information on projects and events, please inquire at: 400-138-2929