EB-5 Cutoff Date Imminent


According to Charles Oppenheim, The U.S. State Department Chief of the Visa Control and Reporting Division, there will be a cut-off date established for the EB-5 China category. His prediction is based on analysis of current trends and future projections in supply and demand for available visa numbers. In recent years, the number of applicants from China for EB-5 investment based visas has steadily increased and is expected to exceed the number of visas available in 2015. The result is that the EB-5 China category will be placed on a priority date schedule, similar to the cut-off dates for EB-2 and EB-3 employment-based visas. More information about this cut-off date will be available next month when the February 2015 Visa Bulletin is published.

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