Latest significant news on U.S. investment immigration: The EB-5 sector is experiencing a major earthquake, with storm warnings raised again. A draft regarding the suspension of the EB-5 program has been released, with price increases and suspensions. This time, the warning for investors from the EB-5 program is explosive.
On Friday, the Department of Homeland Security (the direct governing body of U.S. Citizenship and Immigration Services) released a new proposal for EB-5 price increases, raising the minimum investment amount in non-TEA areas from $1 million to $1.8 million, while in TEA areas, it skyrocketed from $500,000 to $1.35 million, causing another major earthquake in the U.S. investment immigration industry.
Immediately, Dr. Winner Xing, Chairman of Worldway Group, who is visiting the U.S., engaged in an in-depth discussion with former USCIS Director Robert C. Divine, bringing investors "What is the Probability of the EB-5 Price Increase? Worldway Provides Authoritative Interpretation in the U.S.".
However, the situation regarding changes to the EB-5 program is not limited to this. Matthew Virkstis, a senior advisor to the U.S. Senate Judiciary Committee who participated in the extension of the EB-5 legislation, has brought the latest explosive news: a draft regarding the suspension of the EB-5 program has been released:
The draft is very straightforward, with the main content being:
1. Upon the enactment of this bill, the EB-5 program will be immediately suspended;
2. All visas under the EB-5 program will be allocated to high-skilled workers, doctors, and nurses under the EB-3 category;
Worldway immigration experts remind: The warning for price increases and changes in the EB-5 program is ongoing, and investors must act quickly. Given the numerous uncertainties in the current policy, selecting projects that have already received I-526 sample approval as soon as possible is paramount. The three approved projects launched by Worldway are undoubtedly effective tools for investors to respond to the uncertainties in U.S. investment immigration.
Project with I-526 approval and early completion of I-829 required employment - Montage Pendry Hotel Project in San Diego
(Click the image to learn more about the project)
Project with I-526 sample approval - DLJ Four Seasons Hotel Resort Project
(Click the image to learn more about the project)
In light of the EB-5 price increase and suspension proposal, as well as the upcoming expiration of the legislation on April 28 and the foreign exchange control in China on July 1, investors interested in immigrating to the U.S. should take action to choose the approved projects from Worldway and complete their investments as soon as possible, racing against the changes in policy and time. Please call: 400-138-2929