EB-5 Alert: Latest EB-5 Visa Projections

It’s the longest wait estimate yet for Chinese nationals, exceeding 16 years. Indian nationals’ wait time also lengthened to over 8 years for cases filing today. That’s the bad news.

The good news: beyond the top 6 usage countries, there is no backlog predicted for EB-5 investors from rest of world (ROW).

Special thanks to Mr. Charles Oppenheim, Chief of the U.S. Department of State Visa Control and Reporting Division for presenting these projections on May 6, 2019 at the IIUSA Conference in Washington, D.C. Special thanks also to the American Immigration Lawyers Association (AILA) EB-5 Committee for this summary:

https://www.aila.org/advo-media/aila-practice-pointers-and-alerts/practice-alert-the-latest-on-eb-5-wait-times

From the summary:

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By |2019-05-08T00:36:44+00:00May 7th, 2019|Alerts|

About the Author:

Carolyn Lee has vast experience in EB-5 representation and has served as industry leader and EB-5 commentator for over a decade. She is Chair of the American Immigration Lawyers Association (AILA) National EB-5 Committee. She has steered clients through the most dynamic period of growth in EB-5 program history and is an advocate for long term reauthorization and expansion of the EB-5 program.