The best opportunity for investment immigrants from India and China to apply for the EB-5 visa may have arrived in 2023.<\/p>\n
Enacted in March 2022, the Reform and Integrity Act introduced reserved categories in the EB-5 visa<\/a> program.<\/p>\n Out of the annual quota of 10,000 EB-5 visas, the Act reserves<\/p>\n Unused visas in these reserved categories will be carried forward to the next year and will be returned to the general category only if they remain unused for two years.<\/p>\n The introduction of reserved categories has suddenly opened up a backlog-free route to the EB-5 visa for investors from China and India.<\/p>\n As of February 2023, EB-5 visas are available to Chinese investors only if they had filed their I-526 on March 22, 2015 or earlier. For Indian applicants, this date is November 8, 2019.<\/p>\n Read More<\/strong><\/p>\n Due Diligence of EB-5 Projects: What has Changed After Reform and Integrity Act?<\/a> This means an Indian or Chinese investor filing an I-526 today can avoid the backlog completely by choosing to invest in a project that falls under any reserved category.<\/p>\n With the revamped EB-5 program up and running and with complete clarity on the operation of reserved categories, an Indian or Chinese investor using this route can easily become a green card holder in two or three years.<\/p>\n Another reason why 2023 is the best opportunity to apply for the EB-5 visa is the introduction of option of concurrent filing.<\/p>\n Earlier, investors had to file their I-526 petition and could apply for adjustment of status only after their I-526 was approved.<\/p>\n Obviously, the I-485 could be filed only if the priority date was current and the EB-5 visa was available.<\/p>\n Further, investors had to wait for the I-485 to be processed before they could qualify for unconditional permanent residence.<\/p>\n Now, investors can file the I-485 concurrently with the I-526 as long as the priority date is current on the date of filing and the date of I-526 approval.<\/p>\n The first benefit of this provision is the transition from conditional to unconditional permanent residence will be much quicker.<\/p>\n Secondly, investors and their family members can apply for an employment authorization document at the time of the concurrent filing.<\/p>\n This means investors and their family members can avoid all the restrictions imposed by non-immigrant visas while the I-526 is being processed.<\/p>\n Reserved categories apart, 2023 is a great opportunity for general EB-5 investors as well.<\/p>\n The pandemic saw a drastic fall in EB-5 petitions, which means there is a bigger pool of available visas for those choosing to invest in a general category project.<\/p>\n With complete clarity around investment requirements and the status of the Regional Center Program, general investors can look for faster processing of their applications.<\/p>\n Of course, they always have the option of shifting to a reserved category project without any significant impact on their green card prospects.<\/p>\n","protected":false},"excerpt":{"rendered":" Three Reasons Why 2023 May Be The Best Time To Apply For The EB-5 Visa The best opportunity for investment immigrants from India and China to apply for the EB-5 visa may have arrived in 2023. No Backlog in Reserved Categories Enacted in March 2022, the Reform and Integrity Act introduced reserved categories in the…<\/p>\n","protected":false},"author":8,"featured_media":56849,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[347,454],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2023\/05\/eb5_311314894-scaled.jpeg","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-eMU","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/56848"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=56848"}],"version-history":[{"count":1,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/56848\/revisions"}],"predecessor-version":[{"id":56850,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/56848\/revisions\/56850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media\/56849"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=56848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=56848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=56848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\n
\nSt. Kitts CIP Offers Limited-Time Benefits Until June 2023<\/a>
\nIreland Shuts Its Immigrant Investor Program<\/a><\/p>\n
\nConcurrent Filing<\/h3>\n
The Pandemic Effect<\/h3>\n