What are the advantages of EB-5 investment immigrants in the United States under the new bill?

American EB-5 investment immigrants have five advantages under the new bill.

The first is the validity period of the project: the regional center will be postponed until September 30, 2027.

Investment quota:

1.5 million USD (non-tea area)

$800,000 (TEA target employment field or infrastructure project)

Advantage 1: No scheduling.

Under the new situation, 3200 places are reserved for tea projects every year, and there is no timetable for the reserved categories at present.

20% for projects in rural areas.

10% projects reserved for areas with high unemployment rate.

2% is reserved for infrastructure projects.

Due to the epidemic in the past two years, the number of relatives immigrants has not been used up, and they have turned to professional immigrants. In fiscal year 2022-2023, EB-5 reserved enough places. There are no obstacles to scheduling, which makes many applicants eager to try.

Advantage 2: The government strengthens supervision.

The Immigration Bureau shall audit the regional center at least once every five years.

To set up a trust fund, China and Singapore in this region must donate 654.38+0 million to 20 thousand dollars every year.

The person in charge of the regional center shall provide no criminal record.

Immigration agencies will be required to register with the US Immigration Service.

Advantage 3: A new "grandfather clause" has been added.

After the expiration of the bill, EB-5 applications submitted before September 30, 2026 will not be affected.

Advantage 4: Shorten the probation period.

Increase EB-5 application fee and increase personnel, and it is estimated that the probation period will be shortened to 14 months.

Advantage 5: changing identity in the United States

According to the new law, if the applicant is in the United States, I-485 application, AP card (re-entry permit) and EAD work card can be submitted at the same time when submitting I-526 application. According to the current approval time, AP cards and work cards can be approved within six months to one year. AP card, can enter and leave the United States; EAD card can solve the problem of work identity. This means that applicants in the United States can get a green card directly in the United States, and their study, employment and residence in the United States will not be affected while waiting for the green card, and the green card benefits will be locked in advance.