At the same time, the approval of the I-829 application for the Pennsylvania Highway EB-5 investor marks that the project documents submitted with the investor's I-829 application have been recognized by the immigration bureau. Additionally, the immigration bureau has acknowledged that the jobs created by the project have met all the requirements for the investors. Other investors who have submitted I-829 applications for the project will enter the fast track for approval. According to the "compliance principle," as long as the personal information meets the requirements, the I-829 applications will be quickly approved.
We believe that more investors will soon receive good news regarding their I-829 approvals. As a companion on the immigration journey of investors, Worldway Group will share the joy with everyone at the earliest opportunity!
As we all know, EB-5 investment requires "passing three hurdles," namely the "I-526 hurdle," the "I-829 hurdle," and the "repayment hurdle." For U.S. EB-5 investment immigration, only with the approval of the I-829 application can investors and their families lift the conditional green card restrictions and obtain permanent residency. The approval of the investor's I-526 application is merely the first step towards successful investment immigration to the U.S., while the approval of the I-829 application signifies the success of investment immigration to the U.S. Additionally, at the end of November last year, the Pennsylvania Highway project successfully returned the investment funds to the first batch of EB-5 investors. This also means that the investors have successfully "passed the three hurdles."
The Pennsylvania Highway EB-5 project is a rare EB-5 project that is 100% government-owned, government-invested, government-managed, government-operated, government-borrowed, and government-repaid, and is invested, constructed, and operated by the Pennsylvania Turnpike Commission. When the project was launched, it received enthusiastic support and active subscriptions from investors, selling out in a short period. The Pennsylvania Highway was completed and opened to traffic in September 2018. According to reports from economists, the project has created jobs exceeding the legal requirement by 48% for all EB-5 participants. The Pennsylvania Turnpike Commission, as the EB-5 borrower, has timely repaid all loans to the Pennsylvania Highway Project Limited Partnership.
It is well known that the United States, as a traditional immigration country, is an excellent choice for investors planning their identity. Among them, the EB-5 investment immigration method is favored by investors due to its low threshold, few conditions, and the unique advantage of obtaining green cards for the entire family with one application. Currently, the reauthorization of the EB-5 Regional Center Program has achieved a phased victory and will continue until September 30, 2027, providing a longer period of policy stability for the EB-5 industry and investors. The bill grants a 60-day window for the new EB-5 Regional Center Program, and the U.S. Citizenship and Immigration Services and other government agencies will issue relevant implementation policies to ensure the new bill is enacted. Worldway will continue to maintain close contact with all parties and actively monitor the latest developments.
Immigrating to the U.S., besides the EB-5 investment immigration method, for investors with plans to move to the U.S. quickly, they can also immigrate to the U.S. through the EB-1A Extraordinary Ability Immigration Program. The EB-1A Extraordinary Ability Immigration Program does not require employer sponsorship or labor certification; it has a short application cycle, fast approval, no waiting period, and can be approved within 6-8 months, allowing the entire family to obtain permanent green cards at once, with the green card marked E-11, facilitating work and life in the U.S.
For more details, please call the Worldway service hotline: Mainland China: 400-138-2929 Hong Kong: (852)2802 8798.
Investment involves risks; the above information is for reference only.