EB5 wait time 16.5 years for Chinese nationals who apply today

[tacobell fan]

A Chinese national applying today for a U.S. immigrant investor visa may not get one until 2035 at the earliest.

With more than 34,000 applicants in line for the roughly 10,000 EB-5 visas available each year—not counting the nearly 39,000 whose applications haven’t yet been approved—the average wait isn’t much better for the handful of other countries facing backlogs. Indian nationals are looking at 8.4 years, and for Vietnamese, it’s 7.6 years, Charles Oppenheim, chief of the State Department’s Immigrant Visa Control & Reporting Division, said at a recent conference hosted by an EB-5 advocacy group.

The lengthy waits, a function of caps on the visas overall and per country, threaten to undermine a program that has brought billions of dollars into the U.S. and directly or indirectly created hundreds of thousands of jobs. The squeeze is occurring as the Trump administration reviews regulations aimed at reducing fraud in the program and making sure more investment goes to rural areas as it intended.

American Lending Center, based in Long Beach, Calif., has used immigrant investors’ funds to help finance more than 80 small business projects in 18 states, including various hotel franchises, a dental office, and a pediatric rehabilitation hospital. But with lengthening wait times for EB-5 visas, there’s a concern that funding for current and future projects could dry up as interest in the program wanes, said John Shen, chief executive officer.

Out of all the issues the visa program is experiencing, “this is the most critical one, for sure,” Shen said.

[RPG_Reloaded]

FOR INDIANS?

[samaja_vargamana]

9 minutes ago, RPG_Reloaded said:

FOR INDIANS?

kallu 10gaya baa. matter payna choodu. India ki 8.5 yrs annadu ga..

[tacobell fan]

4 minutes ago, samaja_vargamana said:

kallu 10gaya baa. matter payna choodu. India ki 8.5 yrs annadu ga..

[TechAdvice]

11 minutes ago, samaja_vargamana said:

kallu 10gaya baa. matter payna choodu. India ki 8.5 yrs annadu ga..

lol

[RPG_Reloaded]

15 minutes ago, samaja_vargamana said:

kallu 10gaya baa. matter payna choodu. India ki 8.5 yrs annadu ga..

Matter motham sadive opika ledu baaa

 

nee lanti panee paata leni yevado okadu sadivi yesthadu ani waiting

[fasak_vachadu]

13 minutes ago, RPG_Reloaded said:

Matter motham sadive opika ledu baaa

 

nee lanti panee paata leni yevado okadu sadivi yesthadu ani waiting

pani paata leni vallu kadu bhaya em chestunaa concentrated ga chestunattu neelaga half mind (dhed dimkha gallki) ekkadi, nuvu half minded and half knoweldge gadivi anduke ela unnavu ..... 

[krishna0125]

51 minutes ago, tacobell fan said:

A Chinese national applying today for a U.S. immigrant investor visa may not get one until 2035 at the earliest.

With more than 34,000 applicants in line for the roughly 10,000 EB-5 visas available each year—not counting the nearly 39,000 whose applications haven’t yet been approved—the average wait isn’t much better for the handful of other countries facing backlogs. Indian nationals are looking at 8.4 years, and for Vietnamese, it’s 7.6 years, Charles Oppenheim, chief of the State Department’s Immigrant Visa Control & Reporting Division, said at a recent conference hosted by an EB-5 advocacy group.

The lengthy waits, a function of caps on the visas overall and per country, threaten to undermine a program that has brought billions of dollars into the U.S. and directly or indirectly created hundreds of thousands of jobs. The squeeze is occurring as the Trump administration reviews regulations aimed at reducing fraud in the program and making sure more investment goes to rural areas as it intended.

American Lending Center, based in Long Beach, Calif., has used immigrant investors’ funds to help finance more than 80 small business projects in 18 states, including various hotel franchises, a dental office, and a pediatric rehabilitation hospital. But with lengthening wait times for EB-5 visas, there’s a concern that funding for current and future projects could dry up as interest in the program wanes, said John Shen, chief executive officer.

Out of all the issues the visa program is experiencing, “this is the most critical one, for sure,” Shen said.

Eb5 current India ki. edavado sollu website laga unnadu. 

[Katara]

28 minutes ago, RPG_Reloaded said:

Matter motham sadive opika ledu baaa

 

nee lanti panee paata leni yevado okadu sadivi yesthadu ani waiting

Evaro vostarani edo chestarani gantalu gantalu ikadey refresh cheskunta vuntava