LATEST INFORMATION OF THE US IMMIGRATION INVESTOR EB-5 PROGRAM IN 2021

In 2021, when the United States formally has a new president and in the wake of the 19 Covid pandemic, many of the program policies may change.

The EB-5 program is more than just an immigration program. Rather, it is an employment and investment program. Each year, through investor approval to the US $ 900,000 under the regional center plan or $ 1.8 million under the direct investment plan, 10,000 visas are issued to the investors. and their family members to the United States.

Since it was first launched in 1991, the program has brought millions of jobs and billions of dollars to the United States. The EB-5 program is the most successful of all the immigration programs in the United States in terms of the economic benefits it brings to the country.

Number of EB-5 visa quotas per country can be waived

Normally, EB-5 visas are issued annually about 10,000 visas, each country is granted up to 7% of these. This is a relatively small number, unable to meet all the overloaded profiles from major countries such as China and India. This also leads to overload and an increase in records backlog. Processing of EB-5 applications therefore takes many years.

However, in 2021, the number of visas for the EB-5 program has nearly doubled. This is good news for EB5 investors in countries with a large backlog.

Some EB-5 experts say there are comments regarding the removal of the EB-5 visa quota for each country to reduce waiting times too long due to the large number of applications. This also eliminates the advantage of investors in countries with a small number of applications and helps overloaded applications to be processed quickly and equally.

So far, the number of I-526 backlog pending at the Immigration and Naturalization Service (USCIS) and the National Visa Center (NVC) is about 83 thousand. If the national visa quota regulation is removed, the EB-5 investors wait times will be divided equally. The average waiting time for all applicants from any country will be around 8 years.

People entering the United States by air must have a negative Covid-19 result from January 26, 2021

People entering the US must have a negative result for covid 19

The CDC US Centers for Disease Control and Prevention has extended the requirement of testing negative COVID-19 test results to all passengers not entering the United States. This is considered an important measure to prevent the spread of Covid-19 virus and protect the health of Americans.

Accordingly, passengers on the plane must test to determine the current infection status within 3 days before the flight to the US departs. Passengers must also provide written documentation of the laboratory test results or recovered documents from Covid 19 to the airline. Results can be in writing or electronically.

Airlines are required to confirm results with all passengers before they board. If the passenger does not provide the required documents, the airline must refuse the passenger.

This requirement applies to all air travelers, 2 years of age or older, arriving in the United States, including US citizens and lawful permanent residents.

Negative test result for COVID-19 or document of reinstating COVID-19 to the airline prior to boarding does not waive travel restrictions for foreign nationals outlined in the statement Presidential.

This order was signed by the Director of the CDC US Centers for Disease Control and Prevention on January 12, 2021 and will become effective January 26, 2021.

In the present context, the EB-5 program is one of the rare legal immigration doors and is being facilitated by the US government. Although the country currently has a high number of Covid-19 infections, this timing is seen as a strategic time for investors to plan their EB-5 participation.