Recently, Ms. Carolyn Lee, Chair of the American Immigration Lawyers Association (AILA) EB-5 Committee and a long-time friend of WorldWay, visited the WorldWay Group. She held discussions with Ms. Linda Zhang, General Manager of WorldWay Shanghai, and Mr. Wilson Lee, Director of U.S. Projects at WorldWay, to conduct an in-depth exploration of the latest progress in EB-5 legislative reform and the visa backlog issue, which is of particular concern to Chinese investors.
Ms. Carolyn Lee, Chair of the AILA EB-5 Committee, with Ms. Linda Zhang, General Manager of WorldWay Shanghai
Ms. Carolyn Lee is the Chair of the AILA EB-5 Committee, a legislative advisor to Invest In the USA (IIUSA), and a recognized leader in the EB-5 field. She has served as Chair, Co-Chair, or Vice-Chair of the AILA EB-5 Committee for six terms and was named one of the Best Lawyers in America in 2019.
During this meeting, Ms. Carolyn Lee introduced the latest progress on U.S. EB-5 legislative reform. She noted that following mainland China, Vietnam and India will also face EB-5 visa backlogs. The visa backlog has become the biggest challenge for the EB-5 industry, and the urgency of resolving it is becoming increasingly apparent. A consensus has formed within the EB-5 industry to commit to fundamentally resolving the backlog through legislative reform, including strategies such as increasing the annual visa quota or excluding spouses and children from the annual visa count. Compared to the past, the biggest difference in the current EB-5 legislative reform discussion is that the two coalitions that previously represented different interests in EB-5 reform have now formed a unified goal and a joint action plan. For this reason, Attorney Carolyn Lee expressed her excitement and strong confidence in the success of this EB-5 legislative reform.
Ms. Linda Zhang, General Manager of WorldWay Shanghai, stated that the U.S. EB-5 investment immigration visa backlog has become one of the issues of greatest concern to the industry and investors. However, the current backlog is based on existing immigration policies, and all sectors in the U.S. have now realized the importance of the backlog and are committed to EB-5 legislative reform. It is believed that with the implementation of EB-5 reform, the U.S. EB-5 backlog issue will eventually be alleviated or fundamentally resolved.
Finally, Ms. Linda Zhang, Mr. Wilson Lee, and Attorney Carolyn Lee reviewed their many meetings and exchanges over the years, as well as the deep friendship they have built. Ms. Linda Zhang stated: The achievements of the WorldWay Group over these years are inseparable from the guidance and assistance of Attorney Carolyn Lee. We sincerely thank her and look forward to our next meeting.
We once again see the determination of the EB-5 industry to completely resolve the visa backlog through legislation. For investors with a rigid demand for U.S. immigration, it is time to stop hesitating and waiting. It is important to know that even after the legislation to resolve the visa backlog is passed, there will still be a queue for entry into the U.S. in the short term. Filing early may place you ahead of the crowd and help you realize your American dream sooner. At the same time, once the legislation is passed, price increases are inevitable, and the $500,000 low-cost immigration opportunity will be gone forever. Making a decision early will also save on investment costs.
Investors can choose high-quality projects that have been approved by the USCIS, offer the potential to shorten the backlog, have completed all job creation, and provide first-priority repayment guarantees. These factors will greatly protect the interests of investors and help them successfully immigrate to the U.S. WorldWay's highly popular EB-5 projects, the Manhattan 9 Luxury Boutique Hotel and Dallas 1, are rare, high-quality projects. Currently, both projects are under construction as planned.
High-quality project quotas are limited. For those who need a Green Card and have the necessary funds, please seize this golden historical period for low-cost $500,000 U.S. immigration! Hesitation is the greatest enemy; apply as early as possible! High-quality project hotline: 400-138-2929.