Recently, Trump signed a new executive order requiring federal departments to significantly tighten the "H-1B visa" program, ensuring that only highly skilled foreign professionals or the highest-paid foreign employees can obtain this visa to work in the United States. This newly signed executive order also requires U.S. government departments to change procurement regulations to ensure more federal contracts are awarded for U.S.-made goods, emphasizing "Buy American, Hire American."
The intent behind the executive order signed by the Trump administration is clear: it does not wish to issue visas through a random lottery system, but rather prefers a system that better rewards applicants with higher skills and advanced degrees while avoiding the suppression of U.S. worker wages.
Currently, a draft amendment regarding H-1B visas is awaiting a vote in the U.S. House of Representatives. The draft stipulates that companies applying for H-1B visas must pay employees a salary of at least $100,000. If the salary is below this amount, a series of cumbersome regulations must be met in order to be approved.
As one of the essential paths for Chinese international students to remain in the U.S. for work and obtain a Green Card, the H-1B visa is the beginning of the American Dream for many students. Just as Chinese students were already struggling to squeeze through the incredibly low selection rate, the announcement of this news comes as a major blow.
This also means that it will be very difficult for international students with only a bachelor's degree to find employers, and it will also be difficult for those with master's degrees in liberal arts to find employers. The requirement to provide supplementary materials during the application process will increase significantly, and the rejection rate is likely to rise.
To avoid the H-1B lottery (where Chinese applicants have only a 5% success rate) and to cope with the restrictive measures imposed on H-1B visas by the new Trump administration, a large number of international students have begun to view the EB-5 visa as the only way to bypass the H-1B visa barrier.
The era of obtaining a U.S. Green Card for the whole family through a $500,000 EB-5 investment is coming to an end. Investors interested in immigrating to the United States should act quickly to invest in one of the three high-quality projects approved by Worldway that enjoy "exempt status." For more details on U.S. investment immigration, please call: 400-138-2929