Recently, the Dallas No. 1 EB-5 project, invested in by clients of WorldWay Group, received the good news that a group of investors have been granted conditional green cards. WorldWay congratulates these investors on taking a step closer to successfully immigrating to the United States.
The Dallas No. 1 EB-5 project is located in the Arts District of the Dallas Central Business District in Texas, USA. It occupies a prime location in a high-growth area of the U.S. economy, surrounded by CBDs and commercial districts. It attracts professionals and white-collar workers to work, live, and reside there. In particular, the world-renowned Arts District attracts more than 3 million tourists annually for consumption, providing a strong market foundation for the project's apartment and hotel needs, and offering broad and unlimited market development prospects.
In March of this year, U.S. President Biden signed the EB-5 Reform and Integrity Act into law as part of the federal budget for fiscal year 2022. The EB-5 Regional Center Program was reauthorized for five years until September 30, 2027! At the same time, the new act allocated visa quotas, with 10% reserved for projects in Targeted Employment Areas (TEA), which enjoy visa set-asides. By convention, there are approximately 10,000 green card quotas for EB-5 annually, with 10% reserved for TEA projects, meaning 1,000 quotas are available each year. The Dallas No. 1 EB-5 project is an EB-5 project that qualifies as a TEA project under the new act.
According to the U.S. Department of State's Visa Bulletin for September 2022, the 10% visa set-aside for TEA projects under the new regulations is currently current, with no backlog! Therefore, for EB-5 investors planning a quick move to the U.S., the Dallas No. 1 EB-5 project will help investors immigrate to the U.S. quickly and catch the first wave of visa-backlog-free processing!
Currently, the Dallas No. 1 EB-5 project is highly sought after by investors. The project has multiple advantages: some investors have already had their I-526 petitions approved; the project is over 80% complete, with nearly 60% of apartments sold; the project has sufficient job creation, with the jobs required for the removal of conditions already completed ahead of schedule; the project is being built, operated, and managed by the experienced and powerful Hall Group; and the developer, Hall Group, provides completion guarantees, equity pledges, and I-526 denial guarantees for the project. It is worth noting that there are only 45 spots available globally for the Dallas No. 1 project, and there are not many left. Those interested should act quickly; seizing a spot without a visa backlog means seizing the opportunity for success!
In addition, another EB-5 project on the market that meets the TEA requirements under the new act is also a good choice for investors immigrating to the U.S. The project is located in Oakland, in the San Francisco Bay Area of the California metropolitan area. The project's apartment building is 39 stories high and has 452 apartments. Currently, the project is 50% complete and is under construction as planned, with completion expected by the end of 2023. This project has multiple advantages, such as having already received I-924 approval; some investors have already had their I-526 petitions approved; the project has sufficient job creation, with reports estimating that each investor will receive approximately 19.9 jobs, far exceeding the requirements of the USCIS; the project is developed and managed by a world-renowned developer with extensive EB-5 project experience; and the project is backed by multiple guarantees, including a 100% equity pledge from the developer and I-526 denial protection.
There are two key elements to immigration—timing and choice! Good projects do not wait. For investors with a rigid demand to immigrate to the U.S., do not hesitate. Apply early to benefit early, prioritize obtaining your green card, and start your American journey. For more details, please send us a private message in the comments section or call the WorldWay service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798.
This article does not constitute an offer of any kind and is for informational purposes only. To improve readability, information published on electronic media such as WeChat is often truncated and summarized. Any detailed information of a legal nature should be based solely on the English investment documents provided by the project party at the time of formal subscription.