Recently, the latest developments in U.S. EB-5 investment immigration reform have emerged—the EB-5 Committee of the American Immigration Lawyers Association (AILA) has submitted a position paper to members of Congress. In it, they specifically address the current backlog issue for U.S. EB-5 investment immigration, proposing several actionable solutions and calling on Congress to implement them. Worldway Immigration Group now releases and interprets these major solutions for resolving the backlog as follows:
Three Major Solutions to Resolve the EB-5 Backlog:
1. Exclude Spouses and Children from the EB-5 Visa Count (i.e., Count Only the Principal Applicant)
In the new EB-5 proposals to resolve the backlog, there is a suggestion to change the 10,000 applications to 10,000 families. If this were to happen, calculated at an average of 2.7 visa quotas per family, it would mean that the quota for EB-5 applications would expand by 2.7 times. Once this plan is implemented, the backlog issue is expected to be eliminated immediately.
2. One-time Use of Previously Unused "Wasted Visas" (Approximately 131,000 to Date)
Relevant data shows that in 2000, Congress authorized the reuse of unused employment-based visas. To date, there are approximately 131,000 unused and wasted visas. If these could be used to resolve the EB-5 backlog, the tight quota situation would also be completely eliminated.
3. Concurrent Filing of I-526 and I-485 (Allowing Chinese Investors to Work and Live in the U.S. Sooner)
Other Solutions to Resolve the EB-5 Backlog:
1. Eliminate Per-Country Quotas (Treating All Investors Equally)
Currently, EB-5 visas are subject to quota controls for investors from mainland China. If the per-country quota were abolished and all investors were treated equally, the EB-5 backlog for mainland Chinese investors would also be expected to be eliminated.
2. Remove the Chinese EB-5 Quota Used by the Chinese Student Protection Act (CSPA)
3. Open Table B (Allowing Earlier Work and Life in the U.S. to Ease Backlog Obstacles)
In 2015, U.S. Citizenship and Immigration Services (USCIS) allowed EB-5 investors to adjust their status according to Table B, which will alleviate backlog obstacles by allowing them to work and live in the U.S. earlier.
4. Parole for Entrepreneurs
5. National Interest Category (Similar to EB-2 and Categories Using Exempt Visa Quotas for Special Regions)
【Worldway Special Note】
As the backlog has exacerbated the aging-out crisis for children in immigration applications as derivative applicants, under the current backdrop of lengthening backlogs, it is recommended that investors have their minor children act as the principal applicant for U.S. immigration.
Currently, Worldway Immigration Group has already had successful cases where minors acted as principal applicants and had their I-526 approved, which once again proves the strong team strength and high level of case handling at Worldway Immigration Group.
Therefore, parents concerned about the backlog should plan for their children as early as possible and confidently choose Worldway Immigration Group to help your children immigrate to the U.S. ahead of time.
Worldway Client Minor Principal Applicant U.S. Immigration I-526 Approval Letter (Applicant Age Only 16)
The Fundamental Way to Alleviate the EB-5 Backlog: Complete Investment as Quickly as Possible
In 2017, Trump pushed for major tax cuts, the U.S. exchange rate remained strong and stable, the RMB continued to be sluggish, and the Chinese version of the CRS was implemented. As a non-CRS country, the U.S. has become an emerging tax haven, attracting global wealth classes to invest in the U.S.
For overseas asset allocation, status must come first. As a special investment for obtaining status in overseas asset allocation, EB-5 investment in 2017 has ushered in multiple benefits such as the extension of the original price and policy, the prospect for investors to directly obtain permanent green cards, and the ability to retrieve EB-5 investment funds 2 years earlier. Now is the golden opportunity to rush to grab the $500,000 U.S. immigration opportunity.
Worldway immigration experts state: The fundamental way to resolve the backlog is to complete the investment as quickly as possible. Only by successfully filing the case and completing the payment one day earlier can you obtain a priority date one day earlier, join the queue sooner, and avoid the potential policy changes and price increase risks after September 30.
Worldway EB-5 Boutique Projects Help You Immigrate to the U.S. and Get a Green Card Quickly
At the same time, the 2017 EB-5 diamond project—Dallas No. 1—has also triggered a hot rush of thousands of people several times, and the quota is currently extremely tight.
2017 Diamond-Level EB-5 Project Dallas No. 1:
● Located in the diamond zone of U.S. economic growth
● Personally managed and signed by a billionaire
● Total repayment mortgage guarantee is as high as 3.8 times the EB-5 capital
● Job creation can be exceeded upon project completion
● Rare triple protection mechanism to defend capital safety
● Pioneering "Buyer's Attorney" to protect EB-5 investment
● Top-tier EB-5 professional team to escort the approval process
● Strong market demand and broad development prospects
【Warm Reminder】The key to immigrating to the U.S. lies in a successful choice. Choose Worldway's two high-quality EB-5 projects to help you successfully immigrate to the U.S. Currently, by signing up for Dallas No. 1, you can also receive 2 round-trip international air tickets to the U.S. + 6 nights in a 5-star hotel sponsored by billionaire Mr. Hall. There are only a few scarce spots left, please cherish them! For details, please inquire: 400-138-2929