A Long Waiting Line For EB-5 Issuance For Born In China
EB-5 Retrogression for born in China and what does it mean? This means that the EB-5 China immigrant visa category retrogresses two years and current cut-off date is May 1, 2013. The cut-off date determined by the date I-526 Petition was filed. One can find the priority date on the approval notice as well. Basically, the cut-off date creates a line for the issuance of EB-5 immigrant visas. Based on the June 2015 visa bulletin, only those EB-5 investors and their derivative beneficiaries with a Priority Date of May 1, 2013, or earlier may apply for an EB-5 immigrant visa. The dates in the visa bulletin may move forward, backward, or remain without movement. The changes will be reported monthly and thus, it is important to check the Visa Bulletin on DOS website, on the monthly basis, and see if their Priority Date has become current, meaning earlier than the date listed on the visa bulletin. Please Note that the retrogression effects only born in mainland China and thus individuals born in Hong Kong, Macau or Taiwan have not affected the retrogression. In addition, if the EB-5 investor’s spouse was born in a country other than mainland China, the investor and their family may be “cross-chargeable” to the spouse’s country of birth and will not be affected by retrogression.