EB-5 Visa Bulletin For December 2018

The Department of State—Bureau of Consular Affairs has released its EB-5 Visa Bulletin for December 2018.

This visa bulletin reveals big movement for Vietnamese applicants, but little advancement for Mainland-China applicants.

Final action dates for Vietnam advanced two months to May 1, 2016. Final action dates for Main-land China advanced one week to August 22, 2014. All other countries are “C” or current.

Dates for filing have unfortunately, not advanced for investors from Mainland China. The date remains October 1, 2014. All other countries dates for filing has remained “C” or current.Additionally, for investors seeking to adjust their status by filing Form I-485, USCIS states to use the chart for “Dates for Filing” chart rather than the “Application for Final Action Dates,” chart that they’ve typically used in the past. This means that USCIS is pushing the dates back further.For more information about EB-5 Program cut-off dates, send us a message.[formidable id="11" title="1"]

EB-5 Due Diligence Before The Regional Center Program Deadline!

The EB-5 Program is a popular way for foreign nationals to obtain U.S. visas for their families, however, it requires a hefty upfront investment of $500,000 into an at-risk new commercial enterprise. With that much capital at stake, EB-investors will want to conduct through EB-5 due diligence.Hiring the right professionals to assist with EB-5 due diligence is key. The main EB-5 professional an investor with want to consult with is an experienced EB-5 immigration attorney. How can an EB-5 immigration attorney help?What types of due diligence can an EB-5 immigration attorney assist an investor with? An attorney can help an EB-5 investor vet the Regional Center and the project. They will tell you:

• The legal aspect
• The Regional Center’s reputation
• The project’s financial structure and business plan
• The number of petition approvals/denials the project received (performance record)
• The effectiveness of their job creation methodology
• The exit strategy

It’s important to find an attorney that is not associated with the regional center or project you’re interested in. This attorney can then assist you with finding the right project that fits your risk tolerance. Once the project and the regional center is vetted, an immigration attorney can then further help you collect all the required documentation needed to file your I-526 petition as well as assist with the escrow.https://www.eb5daily.com/form-526-petition-alien-entrepreneur-evidence/The EB-5 Program is a good route for many investors because it offers a lower wait time compared to other visa categories and it has less restrictions that other visa routes.https://www.eb5daily.com/eb5-green-card-benefits/ [formidable id="11" title="1"]