EB-5 Retrogression The National Law Review posted an article stating that “the EB-5 China immigrant visa category will retrogress beginning May 2015.” This information was obtained directly from Charles Oppenheim, Chief of the Visa Control and Reporting Division of the U.S. Department of State. It is important to note that EB-5 retrogression will only impact those individuals born in mainland …
New U.S. China Visa Term Agreement
We received a couple of emails yesterday questioning the impact of the new visa agreement between the U.S. and China on the EB-5 industry. For those that have not yet heard, starting today (November 12th), China and the U.S. have agreed to begin granting each other’s citizens longer business, tourism and education visa terms. The White House has said that …
China EB-5 Visa Category is “Unavailable”
Last week we published an article titled The Great Chinese Exodus Benefits EB-5, which discussed the continued high Chinese demand for the EB-5 program. The issue of high Chinese demand was finally addressed this past weekend at the 2014 AILA EB-5 Investors & Regional Centers Conference in Chicago where Charles Oppenheim (Chief of Immigrant Visa Control & Reporting) announced that …
The Great Chinese Exodus Benefits EB-5
This past weekend, the Wall Street Journal published a Saturday Essay titled The Great Chinese Exodus. “A survey by the Shanghai research firm Hurun Report shows that 64% of China’s rich – defined as those with assets of more than $1.6 million – are either emigrating or planning to.” Many in China are discovering that they can now buy a …