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:
From the summary:
|Country of Chargeability||Estimated Wait Time|
(based on a May 6, 2019 priority date)
|P.R. China||16.5 years|
|South Korea||2.4 years (largely within published processing times)|
|Rep. of China (Taiwan)||2 years )largely within published processing times)|
|Brazil||1.6 years (largely within published processing times)|
|Rest of World||No freseeable quota backlog|