On January 6, local time, the pivotal election for two U.S. Senate seats in Georgia, a key state in the 2020 U.S. election, concluded. Democratic candidates defeated their Republican opponents, winning the final two critical seats in the U.S. Senate. As a result, the seats held by the Democratic and Republican parties in the Senate are now tied at 50:50.
According to the U.S. Constitution, the Vice President serves as the President of the Senate. Given that Vice President-elect Kamala Harris is also a Democrat, her tie-breaking vote ensures that the Democratic Party ultimately controls the majority of seats in the Senate. This means that the Democratic Party has successfully gained control of both the Senate and the House of Representatives, which will clear the path for President-elect Joe Biden to push forward a series of immigration reform agendas.
With the Democratic Party controlling both houses, the probability of passing several immigration policies proposed during the Biden campaign has increased significantly! Reform proposals beneficial to the EB-5 investment immigration program, such as eliminating country-specific caps on employment-based green cards and increasing the number of employment-based visas based on macroeconomic conditions, are worthy of attention and anticipation by the EB-5 industry.
Periods of U.S. economic recession are typically times when immigration policies are relatively more relaxed. For example, after the 2008 financial crisis, the U.S. utilized foreign investment to stimulate employment. The EB-5 investment immigration program took off between 2008 and 2009 because the financial crisis of that year caused financing difficulties for many U.S. companies. Through the EB-5 program, many companies obtained low-cost financing, while overseas investors quickly obtained U.S. green cards. The U.S. government achieved job growth in relevant investment sectors without spending a penny of taxpayer money, which can be described as a win-win-win situation.
The United States under the Biden administration is in a post-pandemic era. To revive the economy, its immigration policy may become more open, and it may also be more moderate and friendly to those who intend to immigrate to the United States. Let us wait and see how the specific policies are implemented. Worldway Group will also continue to monitor the latest developments and share them with you as soon as possible.
Currently, the U.S. Citizenship and Immigration Services continues to receive and process immigration applications as usual. For investors with a rigid demand for immigrating to the U.S., they should promptly assess their own situations and lock in high-quality projects early. "Prepare early, apply early, join the queue early, and benefit early!"
The Yellowstone Club Phase II EB-5 project, one of the few high-quality projects on the market that allows for immigrating to the U.S. at the low price of $900,000, is a superior choice for investors. This project combines numerous unique advantages, including dual USCIS approval, completed I-829 job creation, repayment secured by assets worth 5 times the investment, and transparent fund supervision, which greatly protects the interests of investors and is highly popular among them.
Good projects do not wait. If you missed the opportunity for investment immigration to the U.S. at $500,000, you must not miss the opportunity at $900,000. High-quality projects are rare and should be reserved as soon as possible.
Currently, it is Canada Immigration Month, and limited-time grand promotions are in full swing. We are offering three major gifts, daily red envelope giveaways, and free copies of the "Million Immigration Plan White Paper" and the "Quickly Obtain Maple Leaf Card Q&A Manual." For more offers, please consult Worldway Group. Service hotlines: Mainland China: 400-138-2929, Hong Kong, China: (852)2802 8798
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