Many countries have tightened immigration policies and the United States has not changed yet, and there may be a rush of applications in the middle of the year
Many countries have tightened immigration policies and the United States has not changed yet. There may be a rush of applications in the middle of the year Starting from March this year, Canada’s federal and Quebec investment immigration and skilled immigration application policies...
The green card approval rate is as high as 96%
Reporters recently learned from Qiaowai Immigration Guangzhou Company that in February this year, the US Immigration Service launched an EIR (Entrepreneurs in Residence) program, which aims to attract new immigrant entrepreneurs who can bring economic boost and create job opportunities through various support and convenience measures. As the current U.S. investment immigration EB-5 policy is about to expire on September 30 this year, the U.S. Immigration Service is actively discussing further reform measures and has repeatedly stated that it will improve the quality and efficiency of project and application approval.
Overseas Chinese immigration expert Ding Haoyu analyzed that according to the internal data of the USCIS on April 29, in the 2011 fiscal year, the USCIS received a total of 3,805 EB-5 investors (I -526) applications, after approving 1,563, from fiscal year 2012 to the end of March, the USCIS received 2,771 new I-526 applications and approved 2,101 new ones. This data shows that the investment immigration boom in the United States continues to rise. During the same period, the number of green card conditions lifted (I-829) also reached 522, maintaining a historically high pass rate of 96% as in 2011.
Industry experts revealed that the large number of I-526 applications and corresponding approvals, as well as the I-829 approval rate that exceeds historical highs, all show that even when the EB-5 Investment Immigration Act is about to expire and the official position on the follow-up trend has not been clear, the US Citizenship and Immigration Service has strengthened its review of projects and applicants while actively cooperating with applicants with high-quality background projects and complete documents. Internal data from some immigration companies also shows that the Immigration Bureau’s approval time for investor applications has been shortened from the regular 6 to 8 months to 3 to 5 months.
There are only about 1,233 family quotas left this year
As of the end of March this year, the US Citizenship and Immigration Service has approved an astonishing 2,101 I-526 applications for this fiscal year. Based on the calculation of three visas per family, more than 6,300 EB-5 visas will be used. The Immigration Bureau’s quota for this visa is 10,000 per year, and this quota has never been reached in history. However, from now on, there are only 3,700 EB-5 visa quotas left in 2012, and there are only about 1,233 EB-5 investor quotas left according to family estimates. It is predicted that from May to July this year, U.S. investment immigration will enter a critical period when high-quality projects and applicants are "stuck".
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