Category: News

USCIS, the US Department of Immigration, publishes the EB-5 immigration profile statistics for 2016.

The top of the list is China with a total of 7,516 green cards, of which 6,997 green cards are issued from the regional center.

Vietnam is the second largest country in the world in terms of the number of visas issued to EB-5 investors and continues to be the world’s hot-settling market with 287 EB visas. -5 for Vietnam in 2016.

Vietnam obtained 320 Green Card Numbers issued under the EB-5, of which 287 EB-5 visas issued by the US consulate in Vietnam and 47 Green Cards issued through conversion status for investors are now available. Study or work in the US with a valid provisional visa.

14 Green Cards issued for direct investment EB-5, of which 9 Green Cards issued for direct investment outside the investment priority area ($ 1,000,000 investment) and 5 Green Cards issued for direct investment Continue in the investment priority area ($ 500,000 investment).

Out of a total of 334 Green Cards issued for Vietnam, EB-5, 320 Green Cards issued from the regional center.

Ranked No. 3 in South Korea with a total of 260 green cards issued under the EB-5, including 234 Green Card issued from the regional center.

At present, there are many Vietnamese who are interested in the American settlement investment program, especially investing in real estate projects to get green cards for the whole family.
Desiring to find an advanced education for children, a suitable living environment for the family is the reason that many Vietnamese are interested in American settlement programs. Among them, EB-5 is one of the popular programs today.

This program was created to attract foreign investment to projects in the United States, aimed at economic development and employment issues for indigenous peoples. In return, both the investor and the family will be recognized as permanent residents of the United States, enjoying full social welfare (free public schooling for children, housing allowance, etc.) while citizenship and Business in Vietnam is still maintained.
Although green cards bring many benefits, but the investment process also implies many risks. Whether the return of the investment and the issuance of a green card depends largely on the success of the law firm and a part of the investment project. Therefore, many Vietnamese investors have chosen the real estate sector because they believe that the size of the project will secure their $ 500,000 of investment. However, with the EB-5 program, a large real estate project does not mean a successful record if it does not generate enough jobs as required by the US Department of Immigration. To ensure this, investors need to get a deeper insight into their project developers, biographies and achievements as a basis for making decisions.
The reliability of a project developer is often evaluated based on criteria such as reputation, completed projects, I-526 application rate, I-829 and initial rate of return. from. The above factors are the basis for investors to consider and choose the project developer that is right for you. Ben beside the investment to get the opportunity to settle in the US, the Vietnamese also pay great attention and attention to the US real estate market.

2015 is a successful year for the program the EB-5 regional centers. Not only because the program has become an engine of economic development generated solid capital than 1 billion direct foreign investment (FDI) into the US economy every quarter, but also because it has undergone a unprecedented increase in the rate of the Form I-829 is approved, indicating the program is an effective financial tool in creating jobs for Americans and provide opportunities for foreign investors implementation of the American dream.

Data in EB-5 approval from US Citizenship and Immigration Services (USCIS), as well as preliminary statistics using the EB-5 visa from the US State Department for the fiscal year 2015, the data showed illustrations valuable to the latest economic impact and trends of program approval which investors should consider.

Six highlights below gives us a fascinating story about the program will never be stronger than the past fiscal year 2015 like.

4378 billion generated by the EB-5 program in 1 year.

In fiscal year 2015, more than 8,700 Form I-526 is approved by USCIS, estimated at more than 4.378 billion FDI. With a 77.8% increase compared to last year, the 2015 fiscal year was the first year that the program shows its capacity to attract more than 1 billion invested each quarter, to catalyze the development of local economy throughout the United States. There are nearly 12 million FDI per day in fiscal year 2015. Since the Great Depression, the program has collected from 3.2 million in fiscal year 2008 to more than 4.3 million in fiscal year 2015, 1,260 experienced growth % and attracted a total of over 13.05 billion US investment in the last 7 years.

As Table 2 shows data, the average ratio of Form I-526 is more than 89%, the highest level since the program was established. The increase in the I-526 not only demonstrates that the program is attracting a growing number of foreign investors are eligible, are investing in businesses to create jobs in the US, but also implied the background EB-5 industry in general are becoming all the more of the conditions for approval of the USCIS EB-5 and in turn do better on the EB-5 compliant.

History I-526 receipt number and the records are resolved

In fiscal year 2015, the I-526 application received by the USCIS has continued to break the record for the 6th consecutive year, indicating demand for the EB-5 program stronger than ever. When the program encountered reestablished this year, more than 14.370 investors EB-5 (6.575 in Q4) completed the I-526 application to USCIS, an increase of 31% compared to fiscal year 2014. The number of increasingly I-526 rose speaks of the strong demand and the future development of the program. It also shows a need for reforms will ensure the program can use the increasing investment to help stimulate the economy and protect the EB-5 investors – those who invest assets their United States.

On the opposite side, the USCIS has approved (both approved and rejected) a total of more than 9,800 the number of I-526 in FY2015. Number of completed Form I-526 from FY2014 increased 54% from FY2008 and 1.187%. Table 3 compares data receipt number I-526 to I-526 completion of clarifying the trend of increasing demand for the EB-5 as well as the progress of the USCIS is committed to expand the possibilities for approval the I-526 was filed.

However, by the end of FY2015, still has more than 17.360 Form I-526 is pending approval, characterizing invested 8.68 billion waiting to be “injected” into the project to stimulate US economic growth . Although the number of I-526 is pending has increased more than 1,900% from FY2008, the rate of growth in FY2015 from FY2014 by 40%, its lowest level in 5 years. Based on the number of I-526 that USCIS has approved the FY2015, will take up to 21 months to process the backlog of Form I-526.

Receipt number and percentage of approved I-829

Total 2,767 Form I-829 filed with USCIS FY2015, a modest rate compared to FY2014. However, large numbers unmatched USCIS Form I-829 which has received in the past 5 years have shown a growing number of EB-5 investments are taken to the promise to create thousands of jobs for US residents , as well as helping foreign investors are eligible implemented the American dream, moved to the US to live with their loved ones.

Moreover, the average success rate of Form I-829 is more than 92% from FY2008 (Table Data 6). More specifically, the success rate of I-829 FY2015 has recorded a record 99%. High acceptance rate is evidence that the program is creating real economic impact on both the economy in this area and the situation approved by USCIS EB-5.

Preliminary figures show that the EB-5 visa number in FY2015 continues to reach 10,000 visa numbers.

Based on the latest report of the Office of the visa, with a total of 8.773 EB-5 visas issued FY2015 through consular offices abroad, down 4.9% compared to FY2014. At the time of this article, the State Department announced preliminary statistics on the number of immigrant visas issued in the foreign consulates in FY2015, except for the use of the visa through adjustment of status (AOS)

However, based on the old data on the use of EB-5 visas, 21% of the EB-5 visa applicants be used from FY2008 to FY2014 through AOS. We estimate that approximately 1,800 EB-5 visa can be distributed through the AOS in FY2015, this will result in the release of 10,500 EB-5 visas were used in this financial year. The use of visa EB-5 continued to reach the 10,000 visa numbers for the second consecutive year.

Time approved I-526, I-829 and I-924 continues to rise.

Although USCIS is committed to accelerate the approval and timing of the process in FY2015 remain unchanged. In particular, the processing time I-526 has shown a remarkable increase from 8.6 months from the beginning of the fiscal year to 15.4 months at the end of FY2015. The result is already approved USCIS Form I-829 1,078, down 39% compared to FY2014.

Concerning the Form I-526, USCIS has shown progress in shortening processing I-526 in the first 3 quarters of FY2015 (down from 14.7 months from 13.4 months beginning in FY2015 to Q3). However, in Q4 jumped back (over 14 months) with the trend will continue to increase (Table data 8).

Time I-924 treatment increased from 8.5 the first 3 months of FY2015 to 11.6 at the end of the fiscal year.

Number of approved regional centers or forced inactivity

There are more than 160 new regional centers approved in FY2015, added to the total central area is up to 740 by the end of the fiscal year. Furthermore, in FY2015, the industry’s regional centers showed remarkable growth with 2.421% from FY2008, at only 28 active regional centers.

USCIS has announced the regional center had discontinued operations in FY2015 website. A total of 19 regional centers were forced to terminate operations in this fiscal year. Table 9 shows the data, in May, August and September is the time of many regional centers approved FY2015 least, in March and May which is 2 months has forced many regional centers downtimes Best.

Six data points suggest that a fascinating story about the program – which will probably never be stronger than it had been born in FY2015 on FDI, the world needs, effectively creating jobs for US citizens and develop as an industry.