Visa Set Asides Under The EB-5 Reform And Integrity Act Of 2022
One of the most exciting – and confusing – changes brought about by RIA was the allocation of visa set-asides. The law allows applicants who invest in certain projects (rural, high unemployment, and infrastructure) access to reserved visas and priority processing. This sounds like a dream for investors who want to “skip the line” – particularly Chinese investors stuck in a backlog. But how do visa set-asides actually work? Is “skipping the line” too good to be true?
In this episode, Mona and Rebecca are joined by William Gresser (Founder and CEO – EB-5 New York State, LLC; Vice President – IIUSA) to provide a comprehensive breakdown of visas set asides under RIA. The team dives deep into issues such as project selection, visa retrogression, options for investors, and much, much more.
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