The U.S. Department of State recently announced the green card quotas for the 2024 fiscal year (from October 1, 2023, to September 30, 2024). For fiscal year 2024, the total quota for U.S. employment-based immigrant visa categories is 161,000, which is 21,000 more than the standard annual quota of 140,000.
Among these, the EB-5 immigrant category, which accounts for 7.1% of the annual employment-based visa quota, is eligible for 11,431 visa slots (globally) in fiscal year 2024. According to the new legislation, the EB-5 visa set-aside categories for fiscal year 2024 will receive a 32% reservation quota, which is approximately 3,658 visas (11,431 * 32%).
The U.S. Department of State reminds applicants that the data for the EB-5 category in the table does not include the number of visas carried over from previous fiscal years. It is reported that there were 4,478 unused set-aside visa quotas from fiscal year 2023. According to the visa allocation rules of the new policy, unused visa quotas are carried over to the next fiscal year (i.e., fiscal year 2024) within the same category. Therefore, the total set-aside visa quota for fiscal year 2024 is approximately 8,136 visas (3,658 + 4,478).
It is evident that the number of EB-5 visas for fiscal year 2024 remains quite substantial. Furthermore, it is worth noting that projects in rural areas (TEA) under the EB-5 set-aside visa category not only enjoy a 20% visa quota but also receive priority processing from USCIS and are currently free of retrogression. This truly serves as a convenient gateway for Chinese investors to immigrate to the United States quickly.
The best time for immigration is always now, and the competition for the fiscal year 2024 EB-5 new policy visa quota has officially begun. Currently, subscriptions for EB-5 visa set-aside category projects that are free of retrogression are highly sought after. For investors with a pressing need to immigrate to the United States, do not hesitate; please proceed with your application as soon as possible to lock in the policy dividends, secure your share of the new fiscal year's visa quota, and reap the benefits early. Prioritize your green card and start your American journey.
Currently, the popular "Florida Lakeside Jewish Community" EB-5 project on the market has a minimum investment term of 3 years and qualifies as a rural TEA project under the new act. It combines multiple advantages, including being free of retrogression, receiving priority USCIS processing, having a project job creation multiplier as high as 5.75, and providing EB-5 funds with a first-priority mortgage guarantee, making it an excellent choice for investors looking to immigrate to the United States quickly. Project spots are limited; subscribe promptly. Interested investors should seize the opportunity.
Immigration is a comprehensive planning process, and choosing a formal, professional, and reputable immigration agency is vital! Only a capable immigration firm can truly assist applicants in successfully completing their immigration journey.
Worldway Group, a top 500 Asian brand, has been deeply rooted in Hong Kong for over 20 years and has specialized in handling U.S. investment immigration for 17 years. We have served our clients faithfully and responsibly, successfully helping thousands of families immigrate to the United States. In 2006, Worldway became one of the first professional immigration agencies in China to promote U.S. EB-5 investment immigration projects. We were early proponents of the philosophy of selecting high-quality projects and establishing a professional analyst team. We have long advocated that U.S. EB-5 investment is about project selection and treating customers with sincerity. Worldway has won the global "Top Immigration Agent Award" at the U.S. EB-5 Annual Conference multiple times. Worldway's senior management has met with several U.S. Congressmen and maintains excellent interaction with numerous U.S. legislators, governors, mayors, senior department officials, and prominent figures in the EB-5 industry, making us your trusted choice for handling U.S. immigration!
For more details, please private message us in the comments section or call the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798.
Some materials in this article are sourced from the internet, and the copyright belongs to the original authors. If there are any issues regarding copyright, please contact us for removal.
Notes: 1. *For EB-5 funds to obtain a first-priority mortgage right, certain conditions must be met; please refer to the project offering documents for detailed information. 2. *This material does not constitute an offer in any form and is for informational purposes only. To improve readability, information published in this material has been excerpted 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 official subscription. *Investors should make their own investment judgments and decisions based on the official English investment documents of this project. *Investment involves risks; choose cautiously.