EB-5 preference category has become “unavailable” for Chinese applicants as of August 23, 2014

For the first time since the EB-5 program was created almost 25 years ago, the maximum number of EB-5 immigrant visas which are available for Chinese applicants for fiscal Year 2014 has been reached, while sufficient numbers for all other countries remain to ensure compliance within the annual Fiscal Year 2014 allocation.  A new allocation of about 10,000 visas will be available on October 1, 2014, which is the first day of Fiscal Year 2015. As a result, there will be virtually no impact on most China EB-5 visa applicants who complete processing within the next 6 to 8 months.

 

For more information refer to: http://www.aila.org/content/default.aspx?docid=49890

About the author

Ruby Powers

The child of a Mexican immigrant, Powers gravitated toward an international life by later marrying a Turkish immigrant. Having lived and studied in Belgium, Mexico, Turkey, Spain, and the United Arab Emirates, Powers speaks Spanish, French, and a hint of Turkish.

With a passion for service and justice coupled with cultural understanding and an interest for immigrants, Powers dedicates her law practice to immigration law.

Posted on by Ruby Powers in Immigration Law

Add a Comment

Facebook

YouTube

LinkedId