[Breaking News] The New EB-5 Legislation Draft is Expected to Pass: Resolution of the Visa Backlog and Price Increase is Indeed Coming

[EB-5 Breaking News] The latest updates on the reform of the EB-5 Regional Center program have emerged from the U.S. Congress — the EB-5 Regional Center new legislation draft proposed by the Senate Majority Whip is expected to pass by the end of September this year.

This EB-5 new legislation draft has undergone intense discussions regarding the issues most concerning to investors, such as the visa backlog, increase in minimum investment amount, and visa allocation. After prolonged negotiations, both the urban and rural factions in Congress are expected to reach significant concessions and compromises.

The main highlights of the EB-5 new legislation draft are as follows:

1. Ten thousand visa slots are expected to be converted into ten thousand family slots, alleviating the visa backlog;

2. The investment amount will increase, but the difference in investment amounts between projects in rural areas and urban areas will not exceed $200,000. Nevertheless, urban projects will still hold an advantage and possess certain appeal to investors.

3. The rural faction will receive a certain number of priority visa slots;

[Friendly Reminder]

How will the EB-5 reform ultimately be implemented? Will this new draft become a reality? WorldWay Immigration Group will continue to monitor the latest developments in the EB-5 investment immigration reform in the United States, so please stay tuned for timely updates on the WorldWay Immigration Group's official website and WeChat account.

Resolution of the Visa Backlog, the EB-5 Price Increase is Sounding the Alarm, Hurry to Invest Without Delay

After September 30, the United States will enter a new fiscal year, at which point whether the EB-5 legislation can successfully ride on the Congressional budget will determine the fate of countless EB-5 investors.

According to the current general opinion among the U.S. Congress and lawyers, the visa backlog urgently needs to be resolved, and many Congressional leaders have recognized the seriousness of the backlog issue and have proposed solutions. It can be predicted that the EB-5 backlog may be resolved in the future. Meanwhile, the increase in the minimum investment amount for EB-5 is already imminent.

Here, WorldWay Immigration Group continues to remind investors: Investors intending to immigrate to the United States must quickly seize the last opportunity to invest at the $500,000 level before the EB-5 reform bill is passed! Otherwise, after September 30, when the new EB-5 draft takes effect, investors may face the risk of price increases!

 

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