The US Department of State published the December 2021 Visa Bulletin revealing some significant announcements. The non-regional center program will be current for all countries, Mainland China included. The EB-5 cut-off dates for Regional Center visa applicants is unchanged due to the lapse of the Regional Center Program.
This is the first time since the Spring of 2015, there will be no backlog in the EB-5 investor category for people born in Mainland China.”
No more backlog for direct EB-5 investors from Mainland China
Historically more than 90% of the EB-5 applications were filed by investors, who were born in Mainland China, through the Regional Center program. As a result of Congress allowing the Regional Center program to expire last June the number of available Green Cards for investors who filed an EB-5 petition through direct-investment has soared.
It is expected that a large number of investors, who have an approved I-526, Immigrant petition by Alien Entrepreneur, will file Form I-485, Adjustment of Status or complete Consular processing to secure an immigrant visa (a.k.a. Green Card) before the end of December.
