Thursday, August 28, 2014

EB-5 visas for Chinese likely will see delays in availability in FY2015

While the Visa Bulletin shows that EB-5 immigrant visas are "current" for September, it is widely believed that this immigrant visa category will "retrogress" and that there will be delays in availability of EB-5 immigrant visas for Chinese in federal Fiscal Year 2015, which begins October 1.
No one knows how long the delay -- when it occurs -- will be.  During the first few months of the fiscal year, I would guess that there will be no delays.  But as we get further into the fiscal year, I expect to see delays in availability of a few months.