Recently, according to a report by CNBC, the President's Advisory Council voted unanimously to recommend that President Biden instruct the immigration agency to process all green card or permanent residency applications within six months.
It is reported that in order to reduce the backlog of green cards, the Advisory Council suggested that the immigration agency review its processes, systems, and policies, establish new internal cycles and time targets by streamlining processes, eliminating redundant steps, and automating any manual approvals. These recommendations aim to shorten the review cycle for family-based green card applications, while also suggesting that other types of green card applications should be submitted within six months and decisions made within six months of receiving the applications. The Council also recommended that the National Visa Center (NVC) hire more staff to double the efficiency of processing green card application interviews within three months starting from August 2022, and to increase the speed of green card applications, visa interviews, and decision-making by 1.5 times. The Council also stated that the maximum time for subsequent green card interviews and visa processing should be six months.
In fact, the new EB-5 legislation also requires the U.S. immigration agency to reassess immigration fees to ensure adequate funding to improve approval efficiency. This allows the immigration agency to raise application fees and expedite various EB-5 related applications.
At the same time, the U.S. immigration agency has also announced a series of measures aimed at improving the efficiency of immigration applications, such as speeding up the processing of backlogged cases and expanding the scope of expedited applications. The immigration agency will establish a new internal timeline (Cycle Time) to specify how long it should take to process specific applications.
The immigration agency stated that as the timeline continues to improve, applicants will receive results more quickly. The U.S. immigration agency will also continue to increase staffing and introduce more modern processing methods, aiming to achieve new processing cycle goals before the end of the fiscal year 2023.
The above demonstrates that the U.S. immigration agency and others are making various efforts to continuously promote immigration reform, facilitating the pathway for many immigrants to the United States. Accelerating approval processing times is also a key focus of the Biden administration's efforts to optimize and improve immigration services. The U.S. immigration agency has been continuously optimizing, improving, and perfecting various immigration services to enhance processing efficiency. This is undoubtedly good news for investors. The acceleration of approvals and improvement in application processing efficiency may alleviate the scheduling issues that have troubled EB-5 investors, especially Chinese investors, to some extent. Regarding specific implementation details, WorldWay Immigration will continue to monitor and share any new information promptly.
For investors interested in immigrating to the United States, the highly favored Dallas No. 1 EB-5 project is an excellent choice to assist investors in successfully immigrating to the United States. This project is one of the few EB-5 projects that meet the high unemployment rate area (TEA) requirements for reserved visa quotas of 10%, combining numerous outstanding advantages such as no waiting period, immigration to the United States starting from $800,000, and exceeding the required job creation conditions, greatly aligning with investors' interests.
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Investment involves risks; the above information is for reference only.