Recently, the United States announced several bills and data closely related to international students in the U.S. Many investors have also inquired about relevant information. Now, let’s take a look with the WorldWay Group.
The U.S. Citizenship and Immigration Services announced that for the fiscal year 2024, the cap for lottery-based H-1B applications has reached the limit of 85,000! The effective selection rate for the first round was 14.6%, setting a record low since the inception of the H-1B lottery program. The combined rough selection rate for both rounds was only 24.1%.
In addition, the U.S. Department of State announced a pilot program for renewing H-1B visas within the United States, with a total of 20,000 slots available. However, for Chinese H-1B visa holders, it is almost impossible to enjoy this benefit. The application requirements stipulate that the H-1B visa must be issued during the specified time period by designated consulates in Canada or India. The number of Chinese H-1B visa holders who meet this condition is extremely limited.
At the same time, the U.S. Citizenship and Immigration Services updated the student review manual, stating that F and M visa students must not intend to abandon their permanent residence abroad. However, international students can apply for labor certification or other immigration visas, and they must also demonstrate their intention to leave the United States after their temporary stay.
【WorldWay Analysis】
The above points indicate:
1. The methods for international students to apply for immigration have not increased. For Chinese international students, graduating and staying in the U.S. must go through the "OPT internship visa — H-1B work visa lottery — EB-2/3 green card transition" three major hurdles.
2. The competition for H-1B visa applications is extremely fierce, with the effective selection rate for the first round of FY2024 setting a record low since the inception of the H-1B lottery program. The new renewal plan for H-1B visas is almost irrelevant to Chinese visa holders.
3. There is a relaxation of restrictions on "immigrant intent" for non-immigrant international students. Applying for work visas or processing immigration does not affect their student status. Currently, only EB-1A, NIW, or EB-5 can be applied for green cards directly without employer sponsorship.
【WorldWay Reminder】
For families with children already studying in the U.S. or families planning to study in the U.S., if they wish to stay in the United States for work and life without being troubled by the H-1B visa, parents of international students may consider planning ahead: allowing their children to obtain green card status, enabling them to study and stay!
According to the Concurrent Filing clause in the new EB-5 law, EB-5 applicants in the United States, including international students, can submit their I-526E investment immigration application simultaneously with their I-485 adjustment of status application, provided that the EB-5 project category applied for has no backlog. Therefore, applicants can legally stay in the U.S. while waiting for the green card approval results, enjoying the freedom of a quasi-green card in advance.
Currently, it is an excellent time to plan for children's identity through EB-5 investment immigration. The new EB-5 law has allocated visa quotas, with projects in the EB-5 visa reserved category (20% for rural area project reserved visas, 10% for high unemployment area project reserved visas, 2% for infrastructure project reserved visas) currently having no backlog.
Immigration has two key elements—timing and choice. The EB-5 "dual submission" no backlog window is fleeting, so seize the opportunity to catch the last train! For investors with a rigid demand for immigration to the United States, the rural projects in the EB-5 reserved visa channel are currently the preferred way to quickly obtain a U.S. green card.
The "Florida Lakeside Jewish Community" EB-5 rural project, exclusively represented by WorldWay in the Greater China region, has been approved under I-956F and is a good choice for investors seeking rapid immigration to the United States. The project combines many advantages, including I-956F approval, no backlog, priority processing, a job multiplier of up to 5.75, and EB-5 funds enjoying first-priority mortgage guarantees, with collateral valued at 2.6 times the EB-5 loan amount, and a minimum investment period of only 3 years, providing investors with an excellent opportunity to quickly obtain a U.S. green card! This high-quality rural EB-5 project, after rounds of buying frenzy, has only a limited number of slots left globally. Good projects do not wait for anyone, and interested parties should act quickly to subscribe!
In addition, the "University City Hilton Hotel" EB-5 rural project in North Carolina, also exclusively represented by WorldWay in the Greater China region, is another preferred option for investors seeking rapid immigration to the United States. This project meets the qualifications for both "rural TEA" and "urban high unemployment TEA," offering priority approval, no backlog, a 50% real estate mortgage guarantee valued at 2.9 times, a 50% personal asset guarantee from the developer, and EB-5 funds moving in and out with the Peach Tree Group, enjoying first-priority mortgage guarantees, and a unique, irreplaceable location in University City. The project is limited to only 25 slots globally, and there are few remaining. Interested parties should act quickly to subscribe!
Investment immigration is all about choice. For EB-5 investment immigration, selecting the right project and the right professional immigration agency is key! Immigration is a comprehensive planning process, and choosing a legitimate, professional, reputable immigration agency is very important! A capable immigration company can truly help immigration applicants successfully complete their immigration process.
WorldWay Group, ranked among Asia's top 500 brands, has been rooted in Hong Kong for over 20 years and has specialized in U.S. investment immigration for 17 years. It has a professional writing team with over 17 years of service, ensuring that the application documents of applicants and their families comply with immigration regulations, providing loyal and responsible service to clients, and has successfully helped thousands of families immigrate to the United States. In 2006, WorldWay became one of the first professional immigration agencies in China to promote the U.S. EB-5 investment immigration program; it was one of the first to propose the concept of selecting quality projects in the EB-5 industry and established a professional analyst team; it was also one of the first to emphasize the importance of project selection in U.S. EB-5 investment and to treat clients sincerely. WorldWay has repeatedly won the "Best Immigration Agency Award" at the U.S. EB-5 Annual Conference; its senior management has met with several U.S. Congress members and maintains good interactions with many U.S. legislators, governors, mayors, senior officials, and well-known figures in the EB-5 industry, making it a reliable choice for your U.S. immigration process!
For more details, please send us a private message in the comments section or call the WorldWay hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798
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Note: 1. To obtain first-priority mortgage rights for EB-5 funds, certain conditions must be met; please refer to the official English investment documents of the project for details. 2. This information and any content herein do not constitute any form of offer and are for reference only. To improve readability, the information published in this material has been excerpted and summarized; any legally binding and detailed information should be based solely on the official English investment documents provided by the project party at the time of subscription. 3. Investors should make their own investment judgments and decisions based on the official English investment documents of the project. Investment carries risks; please choose carefully. 4. The regional center for the "University City Hilton Hotel" does not participate in the management of the project or in proposed fundraising activities. This regional center does not provide investors for the project and does not participate in fundraising activities.