The July 2020 Visa bulletin had a big surprise for Indian EB5 Visa petitioners. The Final Action Date (FAD) for India born EB-5 applicants has become current again.
Continue reading “Visa bulletin July 2020: EB-5 India current again”
I-526 Processing changes to benefit new EB-5 investors
On Jan 29 2020, USCIS released a news update which will affect all future processing of EB-5 Visas. Specifically, the I-526 petition, which is the first stage of the EB-5 process will now NOT be processed in a First in First Out (FIFO) manner as has been previously done by USCIS. Continue reading “I-526 Processing changes to benefit new EB-5 investors”
March 2020 EB-5 Visa bulletin updates
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”India EB-5 Outlook Jan 2020
The January 2020 Visa bulletin is out today. The Final action date (FAD) for India has moved 4 months to May 1 2018 compared to Jan 1 2018 as per the December 2019 Visa bulletin. The FAD has moved very quickly in the last 5 months. Continue reading “India EB-5 Outlook Jan 2020”
Will EB-5 program expire on September 30 2019?
For long time followers of the EB-5 program, this is getting a bit tired. For the past 4 years, the US congress has been just extending the EB-5 regional center pilot program for a short span of 6 months on average, setting up yet another episode of, will they, won’t they extend the program. Continue reading “Will EB-5 program expire on September 30 2019?”
Success rates of EB-5 Visas
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”EB-5 Investment about to go up close to $1 Million or more
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”