{"id":20875,"date":"2020-08-15T11:20:10","date_gmt":"2020-08-15T11:20:10","guid":{"rendered":"https:\/\/eb5visainvestments.com\/wordpress\/?p=20875"},"modified":"2021-02-06T06:12:02","modified_gmt":"2021-02-06T06:12:02","slug":"understanding-the-eb-5-visa-bulletin","status":"publish","type":"post","link":"https:\/\/eb5visainvestments.com\/fr\/understanding-the-eb-5-visa-bulletin\/","title":{"rendered":"Understanding the EB-5 Visa Bulletin"},"content":{"rendered":"

Due to the constantly changing EB-5 landscape, the monthly Visa Bulletins<\/a> (published by the U.S. Department of State \u2013 Bureau of Consular Affairs) is a document of varying importance among investors.<\/p>\n

As of August 14, 2020, for instance, the Visa Bulletin applies to those investing in the EB-5 program from China and Vietnam. These EB-5 investors should pay very close attention to this publication. <\/p>\n

At the same time, South Korea, Taiwan, and Brazil are considered up-and-coming EB-5 countries, and investors from these areas of the world are advised to watch for changes \u2013 namely, in case backlogs begin to build up in their countries. <\/p>\n

Charts A and B in the EB-5 Visa Bulletin<\/h3>\n

Each Visa Bulletin Includes two EB-5 investor charts: Chart A and Chart B. Each chart contains a couple of rows specific to the EB-5 program. These rows indicate the distinction between direct investors and regional centers<\/a>. <\/p>\n

Note that it is rare that the dates for these rows ever actually diverge. Also note that the countries included in the Visa Bulletin are limited because only a select few countries are affected by visa backlogs at a given time.<\/p>\n

When you see a \u201cC\u201d in both charts, it indicates a country that has no EB-5 backlog. It is considered \u201ccurrent.\u201d Investors from these countries are free to move forward in the EB-5 process. <\/p>\n

On the other hand, investors from countries that are not considered \u201ccurrent\u201d are required to consult their priority date to figure out whether they may proceed. <\/p>\n

The priority date is what every EB-5 investor receives when United States Citizenship and Immigration Services (UCSIS) issues a notice of receipt for their I-526 petition<\/a>.<\/p>\n

When the final action date for an investor\u2019s country is later than<\/strong> their priority date, they are allowed to move forward. <\/p>\n

So, what is a final action date? <\/p>\n

Final Action Dates in the EB-5 Visa Bulletin’s Chart A<\/h3>\n

The Visa Bulletin\u2019s Chart A reflects final action dates for EB-5 investors\u2014but not all of them. The dates only apply to EB-5 investors who have previously received approval for their I-526 petitions and have gone on to apply for an EB-5 visa.<\/p>\n

Factor in the limited number of visas allocated each fiscal year to the EB-5 program, and it is easy to understand how countries with high EB-5 demand can rapidly become backlogged. <\/p>\n

In this scenario, only investors with current final action dates are issued an EB-5 visa. The rest must wait.<\/p>\n

History shows that only China, India, and Vietnam have ever been affected by backlogs on final action dates. India\u2019s final action date finally became current in July 2020, following a prediction of such from USCIS<\/a>. <\/p>\n

That said, the reality is that EB-5 processing is nonlinear<\/a> and often messy. In turn, we could see a drastic retrogression for future Indian investors.<\/p>\n

Date for Filing in the EB-5 Visa Bulletin\u2019s Chart B<\/h3>\n

For countries experiencing a particularly heavy backlog, Chart B shows the dates for filing. In an effort to avoid overwhelming the system, USCIS requests that certain EB-5 investors hold onto their applications until a certain date. That date is known as the \u201cdate for filing.\u201d <\/p>\n

Currently, only Chinese EB-5 investors are being asked to wait to file their application.<\/p>\n

The Complications of COVID-19<\/h3>\n

The COVID-19 pandemic has resulted in the temporary shutdown of all U.S. embassies and consulates<\/a>. Because the pandemic still has yet to abate in a number of areas in the United States, the U.S. consular immigration services have, in turn, held off on resuming.<\/p>\n

As a result, overseas EB-5 investors have simply not been able to apply for their visas. <\/p>\n

Those living in the U.S. under other various visas are, however, able to file an I-485 petition<\/a> to adjust their immigration status and receive an EB-5 visa. <\/p>\n

For now, this process winds up forcing final action dates for EB-5 processing to jump ahead, ultimately accommodating a small number of domestic EB-5 investors. <\/p>\n

When the consulates do reopen, the sudden influx of eligible investors claiming their EB-5 visas may lead to major retrogressions. <\/p>\n","protected":false},"excerpt":{"rendered":"

Due to the constantly changing EB-5 landscape, the monthly Visa Bulletins (published by the U.S. Department of State \u2013 Bureau of Consular Affairs) is a document of varying importance among investors. As of August 14, 2020, for instance, the Visa Bulletin applies to those investing in the EB-5 program from China and Vietnam. These EB-5 […]<\/p>\n","protected":false},"author":1,"featured_media":24989,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"about-us":[],"eb-5-program-page":[],"class_list":["post-20875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/posts\/20875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/comments?post=20875"}],"version-history":[{"count":0,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/posts\/20875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/media\/24989"}],"wp:attachment":[{"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/media?parent=20875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/categories?post=20875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/tags?post=20875"},{"taxonomy":"about-us","embeddable":true,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/about-us?post=20875"},{"taxonomy":"eb-5-program-page","embeddable":true,"href":"https:\/\/eb5visainvestments.com\/fr\/wp-json\/wp\/v2\/eb-5-program-page?post=20875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}