In the past six months, the U.S. immigration policy has continued to benefit.
Good things (1)
Last week, the superior agency specially instructed the US Citizenship and Immigration Service : to issue all available visa quotas before the end of this fiscal year (before September 30, 2022)!
Good things (2)
In the 2021-2022 fiscal year, the United States has a total of 260,000 green card quotas for employment immigrants; among them, the fifth category of employment immigration visas, also known as EB-5 visas, has a quota of 19,980 visas this year, and is based on 32%. Visa quota, of which there are approximately more than 6,000 reserved visas.
According to the reservation rules of the new law: unused reserved visa quotas can be reserved for continued use in the second fiscal year.
As of fiscal year 2023, there are approximately more than 10,000 available EB-5 reserved visa quotas.
Advantages (3)
In addition, the State Council Visa Office has made it clear that reserved visas cannot be used for old EB-5 investors.
https://travel.state.gov/content/travel/en/News/visas-news/department-of-state-ala-liaison-committee-meeting-06-09-2022.html
And this will also be more Good for new EB-5 investors.
Positives (4)
A few days ago, the State Council Visa Office updated the August schedule.
https://travel.state.gov/content/travel/en/legal/visa-law0/visa-bulletin/2022/visa-bulletin-for-august-2022.html
U.S. EB-5 investment immigration category in rural, There is no suspense about the reserved visas for the three categories of high unemployment areas and grassroots construction projects, which are still displayed as "C", which means there is no schedule.
Good things (五)
On the afternoon of July 12th, Eastern Time, the US Citizenship and Immigration Service announced the I-526E form, officially announcing the acceptance of new submissions from the EB-5 Regional Center.
The law is fair, and the so-called "justice is only late, never absent."
The introduction of the "EB-5 Reform and Integrity Act of 2022" itself is the original intention of the legislative body of Congress to uphold norms, transparency and integrity, and aims to It is necessary to adopt a package of strong reform measures to maintain the long-term, healthy, stable and sustainable development of the EB-5 market, rather than overly restricting and stalling the implementation of the bill.
The new version of Form I-526E completely replaces the old version of Form I-526, and requires investors and regional centers to conduct extensive information disclosure:
- Investor net worth, source of EB-5 investment funds, and all expense details
- Submit the EB-5 investment Receipt number of the project's I-956F Receipt Notice
- True information about EB-5 program participants
The application fee is US$3,675. If the investor files Form I-526E on or after October 1, 2022, he/she needs to file the I-526E form on or after October 1, 2022. The EB-5 Reform and Integrity Act requires an additional $1,000.
Conclusion
All the predictions of Australia, Canada and the United States about the favorable EB-5 new policy are currently being gradually fulfilled.
As the US Citizenship and Immigration Service releases the I-526E submission form, it can be expected that applicants from mainland China, India and Vietnam are rushing hard.
recommends investors to speed up the process, keep their eyes open, carefully select projects, actively prepare funding source documents, and submit the case as soon as possible.
Start doing it now, it’s not too late, everyone, come on!
