Investor's visa news

Our office just learned that EB5 visa numbers for china born applicants will make very slow movements in the months ahead.  It is anticipated that on October 1, 2015 the cut off date will be October 8, 2013(I526 filed on or before this date may file I-485 or proceed to visa interview in Guangzhou).  It is further anticipated that by September, 2016, the cut off date will be around May, 2014(applicants with May, 2014 priority dates may file I-485 or proceed to visa interview in Guangzhou)

Most recent data shows that 98.6% of EB5 applicants filed their application(I526) based on investment with regional center projects;  only about 1.4% applicants made direct investment.  86.5%  EB5 applications are filed by China born applicants.

in quarter 3 of 2015 fiscal year, there were 2,473 I-526 applications received by the USCIS;  for the first 3 quarters of 2015, there are about 7,723 I-526 applications received by the USCIS.  

As of July 31, 2015, the USCIS has about 13,500 I-526 applications pending adjudication.

On average the USCIS can process about 1,000 I-526 applications.  Therefore it may take more than 14 months for the USCIS to just clear its current workload.

On average, the USCIS receives 1,000 I-526 applications per month.

As the September 30, 2015 deadline(regional center law expires) approaches, it is anticipated that the Congress will extend the law without much changes for 90 to 120 days while a more comprehensive reform of the regional center law be worked out by members of the Congress. 

If you are still in the process of deciding, you should not waste any more time before the regional center law and the investment amount finally are changed to the worse.