Answers
EB-5 visa retrogression only affects Chinese investors. There is no change at all for petitioners from other countries.
The main benefit to retrogression for investors from countries other than China, is that it ensures that China, the market with the highest demand to invest under the program, does not get all the visas available under the program each year.
Another fringe benefit is that as a result of retrogression, EB-5 projects are marketing much more in other countries, thereby creating a better infrastructure and a wider variety of projects on offer in those countries, make it easier for local investors to access projects.
Right now, we are experiencing retrogression in China and Vietnam. It appears like sometime this year, India will join this group. In a given year, before all the other applicants from the other countries are serviced current, when retrogression happens, applicants from retrogressed countries do not get processed. Each country is capped at 7% of the available quotas. According to the interpretation of USCIS of the quota this means 700 visas per country as opposed to 700 principal investors. This is usually more than enough visas for countries that are current. Once they are all serviced, then the remaining spots are distributed to the countries experiencing retrogression.
Upcoming Events
Top Contributors
Latest Questions
Subscribe for News
Securities Disclaimer
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.