On March 15, 2022, the new U.S. EB-5 investment immigration policy has been settled, and there is no time to quickly immigrate to the United States!
Many applicants are looking for suitable projects, thinking that the new EB-5 policy has just been opened, so they can have time to slowly "compare" the store. But recently, with a large number of competitors influx, reserved visa quotas are expected to be in short supply soon.
So, where do these "competitors" come from?
Let’s first talk about the recent “unemployment wave” that has occurred in in Silicon Valley, USA. The US technology industry layoffs: After Twitter was officially acquired by Musker , 50% of employees were directly laid off; then, Facebook 's parent company Meta announced that it had laid off more than 11,000 employees, accounting for 13% of the total number of employees; Amazon announced that it would lay off 10,000 employees, affecting about 3% of corporate employees; Google is reportedly planning to cut 10,000 employees, accounting for about 6% of the total number of employees in the world; in addition, more technology giants such as Intel , Microsoft and Microsoft have successively reported layoffs...
Does the layoffs have anything to do with green cards? certainly! H1B work visa holders who have been laid off due to unemployment are urgently needed for green cards. Data from Layoffs.fyi, a layoff tracking agency for , shows that at least 100,000 employees in the global technology industry were fired during the layoffs in 2022, involving 779 technology companies such as Meta, Twitter, and Netflix.
. According to Forbes reports, Twitter before it was acquired, 8% of its 7,500 employees were all H1B. Meta employs H1B at the top of all H1B employers.
layoffs have caused everyone to fall into unprecedented panic, but the most difficult situation in is the H1B visa holder. In the process of competing with their peers in the United States, they are weak everywhere and walking on thin ice. Now, they are facing a deadline.
According to regulations, H1B is invalid since it is unemployed. There is a 60-day grace period, ready to leave the United States, or find a new employer again before continuing to apply for a new H1B. That is, if they can't find a new job within 60 days, they will be forced to leave the United States and start from scratch.
Most of the employees who hold H1B visa cannot find their next job in time. "It's really difficult to find a new job in such a limited time!" As a result, thousands of foreign workers will soon have to leave the United States, and their scale will reach an all-time high.
A large number of layoffs in the technology industry have caused relevant practitioners to lose their jobs. In order to stabilize their qualifications in the United States, these H1B holders are seriously considering how to maintain their legal status in the United States?
Currently, there is no scheduled EB-5 reserved visa, and you can quickly obtain a US green card, becoming their first choice for studying in the United States. The most important point of
is that the new policy stipulates that can submit an EB-5 investment immigration green card application, as well as a return to the US certificate and EAD work card at the same time. This means that "get a green card" and "working in the US" can be carried out almost simultaneously! has become a good medicine for H1B holders!
The layoffs magnified the uncertainty of H1B holders, forcing them to seek green cards, and also made more people realize a problem - identity is more stable than H1B work visa. Especially for graduates who are about to face the "draw lottery", facing the winning rate that is generally lower than the "winning rate" of the lottery, it is simply too safe to get a green card!
How difficult is it to draw H1B?
U.S. Department of Homeland Security only issues 65,000 H1B visas, and 20,000 visas are issued to people with master's or doctoral degrees in the United States. The number of people applying for this visa every year reaches about 300,000, and the winning rate of Chinese graduates is around 10% all year round.
EB-5, investors can obtain a green card by investing 800,000 US dollars to the designated target employment area (TEA). The various advantages of applicants without business background, language, education, and their own achievements have become the mainstream American immigration method for Chinese people.
Currently, 32% of the visa reserved for EB-5 visa categories (rural, highly unemployed areas, infrastructure) are reserved, and are currently in a rare window period without schedule. But it is unknown when the schedule will be scheduled due to the transitional consumption of reserved visas in the future.
The elites who are unemployed and legal work visa status, American students about to graduate, and applicants from all over the world, a large number of competitions to "grab" the US green card are about to begin! The EB-5 visa reserved quota is limited. How to break the deadlock with
?
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