USCIS has released new projections regarding the backlog for EB-5 visa applicants, indicating that those applying under the High-Unemployment set-aside may face wait times exceeding six years. This backlog is particularly severe for investors from India and China, where wait times could extend to decades. Conversely, applicants under the Rural (20%) and Infrastructure (2%) categories may experience faster processing times.
Key Details:
- High-Unemployment set-aside: 10% of EB-5 visas available
- Estimated wait time for Rest-of-World applicants: 6 years+
- Estimated wait time for Indian and Chinese investors: decades
- Rural and Infrastructure categories: offer faster processing queues
This update highlights the importance for H-1B, L-1, and O-1 visa holders considering the EB-5 route to carefully evaluate their options.
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Source: @EB5Guide