Is it possible to transfer the EB-2 priority date to my EB-5 application?
We have a lot of Indian clients who would like to know if they could take advantage of their EB-2 priority date in an new EB-5 petition? In case, there is retrogression in the near future for them they want to know if this si a legitimate way to avoid the retrogression?
Answers
The short answer is you cannot transfer EB-2 priority date to EB-5. But there might not be any need for it anyway. At this point, Indian EB-5 applications are current. It is expected that sometime this summer or may be by the end of this summer there might be retrogression on EB-5 applications. Even if there is retrogression on EB-5 for Indian citizens, nobody really knows for sure how long the wait will be for adjustment of status once the I-526 petition is approved then. While you cannot transfer the EB-2 priority date to your current intended EB-5 application, if you do decide to apply for the EB-5, you do not need to cancel your EB-2 application. In case the EB-2 gets approved before you can apply for adjustment of status on your EB-5, you simply proceed with the EB-2.
Upcoming Events
Top Contributors
Marko Issever
Philip Cohen
Raymond Lahoud
Gregory Finkelson
Mark Ivener
Ismael Fernandez
Fredrick Voigtmann
A. Olusanjo Omoniyi
Gerald Cipolla
Russell C. Weigel, IIILatest 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.
