On February 24, local time in the United States, President Biden signed a presidential proclamation to revoke the previous "Proclamation Suspending Entry of Immigrants to the United States" issued by Trump. This means that U.S. consulates abroad may gradually resume the issuance of various visas, which is a significant benefit for investors.
The "Proclamation Suspending Entry of Immigrants to the United States" was initially introduced in April 2020 with an initial validity period of 60 days, aimed at restricting the entry of non-essential, replaceable labor from outside the U.S. to protect domestic employment. In June 2020, it was announced that it would be extended until December 31, 2020, and the scope of restricted individuals was expanded, becoming the "expanded version of the immigration restriction order." In December 2020, it was announced that it would be extended for another three months, until March 31, 2021. This ban hindered the entry of most legal immigrants into the United States.
The Biden administration announced the cancellation of the "Proclamation Suspending Entry of Immigrants to the United States," stating that closing the door to legal immigration "does not advance the interests of the United States." On the contrary, it harms the United States, including preventing certain family members of U.S. citizens and lawful permanent residents from reuniting with their families here. Biden stated in the proclamation: "It also harms industries in the United States that utilize talent from around the world."
It is worth noting that although the Biden administration has revoked Trump's "Proclamation Suspending Entry of Immigrants to the United States," the previously issued travel bans remain in effect, and U.S. consulates in China remain closed. However, we believe that as the pandemic eases, the pace of U.S. economic recovery will accelerate, and coupled with the more open immigration policies of the Biden era, everything will gradually return to normal. Worldway will also monitor the latest changes and share any new information with you as soon as possible.
Currently, the U.S. Citizenship and Immigration Services (USCIS) continues to receive and process immigration applications as usual. You should promptly assess your own situation and secure high-quality projects early. "Prepare early, apply early, queue early, and benefit early!"
For those interested in immigrating to the United States, the Yellowstone Club Phase II project, which is highly favored by investors, is an excellent choice to help investors successfully immigrate to the U.S. As one of the few EB-5 projects on the market that complies with the new regulations for the $900,000 low-cost immigration threshold, it combines many outstanding advantages, such as having already received dual approval from USCIS, having already exceeded employment creation requirements, offering repayment secured by assets worth five times the investment, and maintaining transparent fund supervision, thereby significantly protecting the interests of investors.
Good projects do not wait. Having missed the opportunity for $500,000 investment immigration to the U.S., one must not miss the $900,000 opportunity. High-quality projects are rare. The Yellowstone Club Phase II EB-5 project has entered the countdown phase for closing recruitment. There are only a few precious spots left, so book yours soon. For more details, please call the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
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