WorldWay Immigration provides the latest news: On February 14th, local time in the United States, the Senate and House of Representatives passed the 2019 U.S. federal budget with voting results of 83 to 16 and 300 to 128, respectively. On February 15th, Trump signed the bill.
This also means that the EB-5 Regional Center Program has once again benefited from the budget bill, extending the deadline to September 30, 2019, providing investors with another seven-month "policy window" to immigrate to the United States at the low investment amount of $500,000.
Meanwhile, after intensive communication and negotiations, various lobbying groups in the United States have reached a consensus on the EB-5 reform plan. Regarding the price increase, the previously agreed consensus remains unchanged; therefore, for investors, the $500,000 low-cost immigration to the United States is now the last opportunity. As for the visa backlog, the consensus reached includes solutions proposed to address the EB-5 backlog: EB-5 visa quotas will not count against the principal applicant's spouse and children (only the principal applicant will be counted), meaning a family will only occupy one EB-5 visa quota; a temporary status (work permit + re-entry permit) will be created for EB-5 investors waiting for their visa backlog (I-526 approved); and locking in the age of dependents (children), etc.
The consensus reached by multiple parties will make lobbying efforts more coordinated and effective. It is well known that the EB-5 investment immigration visa backlog has become one of the issues of concern for the industry and investors, but the current visa backlog is based on the existing immigration policy. The various sectors in the United States have now recognized the importance of the backlog, and the lobbying groups have reached a consensus, believing that the EB-5 backlog issue will eventually be alleviated or fundamentally resolved.
Experts from WorldWay Immigration remind: The extension of the EB-5 Regional Center Program means a temporary relief from the EB-5 price increase, but it is evident that EB-5 reform is imperative, and the investment amount may increase, as well as the application threshold. Before anything is finalized, it is wise to act early and prepare for changes.
For investors, the only option now is to seize the opportunity, choose a professional immigration company and high-quality EB-5 projects, and apply as soon as possible to catch the last train of low-cost immigration to the United States at $500,000. Once the best application time is missed, the loss will be more than just financial!
In the current situation, investors can choose high-quality projects that have been approved by the immigration bureau, are expected to shorten the backlog, have completed all employment, and have first-priority guarantee repayments, which will greatly protect investors' interests and assist them in successfully immigrating to the United States. The two highly popular EB-5 projects from WorldWay Immigration: the Manhattan No. 9 Luxury Boutique Hotel and Dallas No. 1 are both exceptional projects that are currently under orderly construction as planned.
High-quality project quotas are in high demand, and those with green card needs and available funds must seize the opportunity! Take advantage of the golden historical period before September 30th for low-cost immigration to the United States at $500,000 and submit your application as soon as possible. For high-quality project inquiries, call: 400-138-2929.
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