For a long time, the immigration agency has been brewing reforms to the EB-5 Regional Center Program's administrative regulations at the administrative level, while Congress has been actively promoting legislative reforms to the EB-5 Regional Center Program bill. With the further extension of the EB-5 Regional Center Program on March 23, Congress's legislative reforms have encountered obstacles and reached a stalemate. After the setback in U.S. Congressional legislative reforms, congressional leaders turned to the Department of Homeland Security, urging the immigration agency's administrative reform regulations to be implemented as soon as possible.
On April 5, three congressional leaders who have been committed to promoting EB-5 reforms: Chuck Grassley, Bob Goodlatte, and Patrick Leahy jointly wrote to the Secretary of Homeland Security Kirstjen Nielsen, urging the Department of Homeland Security to take immediate action to complete the EB-5 administrative reform regulations proposed in the "Modernization of the EB-5 Immigrant Investor Program" published in the Federal Register on January 13, 2017. The congressional leaders believe they have jurisdiction over the EB-5 Regional Center Program, and that the immigration agency's administrative reform regulations can promote U.S. national interests and should be implemented immediately.
Coincidentally, the immigration agency recently tweeted that the reform of the EB-5 administrative regulations is a priority for the agency in the fiscal year 2018. The current Director of the immigration agency, Lee Francis Cissna, has also clearly stated that he hopes the new EB-5 administrative reform regulations will be implemented as soon as possible.
It is well known that the current Director of the immigration agency, Lee Francis Cissna, was once a staff member for Senate Judiciary Committee Chairman Grassley, having drafted nearly a hundred immigration-related policy documents and letters submitted to the Department of Homeland Security or Congress for Grassley, who leads immigration affairs, and can be said to firmly support Grassley's reform proposals.
All signs indicate that the immigration agency's EB-5 administrative reform regulations are imminent. Once the immigration agency's administrative reform regulations are implemented, one significant impact on investors will be a substantial increase in the minimum investment amount.
At that time, the minimum investment amount for Targeted Employment Areas will increase from $500,000 to $1,350,000; the investment amount for Non-Targeted Employment Areas will increase from $1,000,000 to $1,800,000. In addition, the Department of Homeland Security has also suggested that the minimum investment amount be adjusted regularly every five years according to the Consumer Price Index.
Therefore, for investors, the only option is to seize the opportunity, apply as soon as possible, and choose high-quality projects to catch the last train of $500,000 immigration to the United States. Once the best application time is missed, the loss will be more than just money! Of course, while choosing high-quality projects, investors should also select projects that are expected to shorten waiting times and have first-priority repayment, ensuring their interests are doubly protected.
Currently, the Manhattan No. 9 Luxury Boutique Hotel project, exclusively represented by WorldWay Immigration in the Greater China region, is the only project in Manhattan that is expected to shorten waiting times and has first-priority repayment. This project has unique and unparalleled advantages, making it a worthy choice for every investor.
Project Advantages
● The first EB-5 project in Manhattan that meets the definition of "Urban Priority Investment Area" in the draft bill, expected to shorten visa waiting times
● A rare first-priority repayment EB-5 project in Manhattan
● High equity investment ratio from the developer, low debt ratio
● Strong refinancing capability of the project
● Ample employment, completion guarantee
● The project has already commenced, and some employment has been created
● Adheres to industry-leading compliance standards, ensuring high transparency in the supervision and use of EB-5 funds
● If the investor's I-526 is denied, a wholly-owned subsidiary of the developer provides a refund guarantee
● Prime location with strong market demand
● Top developer DLJ collaborates with EB-5 and WorldWay Immigration again after the Four Seasons Hotel Resort project, forming a strong alliance
WorldWay Immigration Group experts remind everyone that the time for the immigration agency's administrative reform regulations to be implemented is drawing near. In this situation, for those in need of a green card, please cherish the current opportunity to immigrate to the United States at the low price of $500,000! The good timing for investment immigration is fleeting, and high-quality projects will not wait. Manhattan No. 9 Luxury Boutique Hotel project hotline: 400-138-2929.