Chinese EB-5 Investors’ Wait for Visa Numbers

Approximately 10,000 EB-5 immigrant visas are allocated annually to alien investors, their spouses and qualifying children. After an investor files for an I-526 the wait time to receive a visa number could be at least six years. The investor is allocated an EB-5 visa according to the order an I-526 was filed.

U.S. law limits each country a maximum of seven per cent of the total number of EB-5 immigrant visas available each fiscal year beginning October 1. Until fiscal year 2015, the annual quota was not reached, and applicants born in mainland China have tended to use approximately 85 percent of the numbers. (See Report of the Visa Office 2015, Table IV Part 4, reflecting that mainland China born immigrants accounted for 7,616 of the total 8,773 EB-5 visa numbers issued).

To figure out how many people are in the queue for visa numbers two sets of people need to be added together: those who have filed petitions and are awaiting adjudication, and those with approved I-526 petitions who are awaiting visa number allocation.

Our immigration and investment expertise is available to you in Dr. Finkelson’s ground-breaking book that was published in 2014, How to Find Chinese Investors, Agents & Clients for Your EB-5 Projects & Services. A Practical Guide for Regional Centers, Attorneys, Developers and Businessmen. Ordering information is available on our websites: www.Business-Visa-USA.com, www.Business-Visa-USA.cn, www.Business-Visa-USA.hk and www.Business-Visa-USA.ru.

As always, we welcome your input and discussions about immigration on our LinkedIn group: Business and Immigration News & Views www.linkedin.com/groups/8140530

Dr. Gregory Finkelson’s new book, Moving Your Family to America – A Simple Guide to Business and Investment Immigration is now available in English and Chinese versions on Amazon. Click on the appropriate language link to order your copy now: www.Biz-Visa-USA.com.

– See more at: http://www.datsyn.com/article/5799/2016/06/10/Chinese-EB-5-Investors-Wait-for-Visa-Numbers#sthash.4zoar0MY.dpuf