China Final Action Date
Another month, another visa bulletin just got released yesterday (Feb 17 2020). The surprising news here is that China Final action date (FAD) has moved forward 5.5 months to 15 May 2015. This is a big jump as the Chinese FAD has barely moved a few months in the last 2 years. This could be because of the Coronavirus that has shutdown most of China including the US consulate in Guangzhou. My guess is the FAD for China will be moved back closer to December 2014 once the Guangzhou consulate re-opens and Coronavirus is in control.Continue reading “March 2020 EB-5 Visa bulletin updates”
Most people interested in EB5, know by now that the Investment amounts have gone up from $500,000 for a TEA project to $900,000 ($1 million to $1.8 Million for non TEA). Another major rule change that hasn’t quite gotten the same coverage is the new rules requiring DHS to assign the TEA regions, as opposed to the current method of allowing states the benefit to define TEAs.Continue reading “What do the new EB5 regulations mean after Nov 21 2019”
What is the success rate of an EB-5 visa to the USA? Are the projects safe enough to invest in?
USCIS hasn’t shared the success rate of EB-5 Visas in a while. But based on past data from USCIS, the success rate of approval of I-526 petitions (The 1st step of the EB-5 process where in the investor gets a conditional green card after 526 approval) is around 80%. After 22 months of receiving the conditional Green card, the EB-5 petitioner can apply for an I-829 (permanent green card). The success rate of this was around 95% in the past.Continue reading “Success rates of EB-5 Visas”
USCIS will publish it’s Final Rule the next 1-2 weeks in the Federal Register finalizing the new investment amount limits for EB5 and other new regulations to the program. The rule RIN: 1615-AC07 which completed OMB Review on June 27 2019 is being touted as a modernization of the EB5 program. Continue reading “EB-5 Investment about to go up close to $1 Million or more”