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How long does it take for Vietnamese investors to obtain green cards through EB-5?

I live in Vietnam and I would like to do EB-5. I would like to know if there is already a backlog for Vietnamese investors now, or it is only for Chinese? If there is, what is the current wait time?

Answers

  • Avatar

    Barbara Suri

    Immigration Attorney
    Answered on

    For persons with Vietnamese citizenship, USCIS is currently processing applications with priority dates earlier than Aug. 1, 2014.

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    Julia Roussinova

    Immigration Attorney
    Answered on

    Estimated wait time is about six years, but it may change in the future.

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    Salvatore Picataggio

    Immigration Attorney
    Answered on

    Vietnamese EB-5 green cards have retrogressed like the Chinese. Last time I had checked, they were both pushed back to 2014.

  • Avatar

    A Olusanjo Omoniyi

    Immigration Attorney
    Answered on

    There are indications that investors from Vietnam may soon start experiencing delay just like in China, for example. The August 2018 Visa Bulletin shows both countries have identical priority date of Aug. 1, 2014. Thus, in the not-distant future, expect the waiting period to get longer by as much as four years.

  • Avatar

    Hoang Tu

    Immigration Attorney
    Answered on

    The interest in EB-5 program and the appeal of Vietnamese desiring to immigrate to the U.S. has substantially risen in the last years. Thus, Vietnamese had the second highest number of nationals who obtained permanent resident status in the U.S now. Therefore, the current waiting time is approximately 30 months or more due to the current backlog.

  • Avatar

    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    The current guesstimate is about six years, but there are so many factors that could impact this and possibly make it shorter or longer.

  • Avatar

    Stephen Berman

    Immigration Attorney
    Answered on

    Vietnam has a severe backlog and it can take many years before the visa would be available.

  • Avatar

    Phuong Le

    Immigration Attorney
    Answered on

    There is indeed a backlog for Vietnam. Currently it is forecasted at about six years, but that number may shift in the future.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    So far, only for Chinese, but a cut-off date for Vietnamese case could be imposed at any time. See discussion in Ask Charlie.

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    Vaughan de Kirby

    Immigration Attorney
    Answered on

    Your wait time will depend on your priority date, which is the date your I-526 is acknowledged and received by USCIS. The exact time delay is difficult to predict, but you will be best served by a consultation with a qualified investment immigration attorney.

  • Avatar

    Jinhee Wilde

    Immigration Attorney
    Answered on

    Unfortunately, Vietnam investors are also facing backlogs already. According to the visa numbers control chief of the State Department, the Vietnam visa quota is expected to retrogress four to five years. If you sign up now, you probably will not be able to come into the U.S. for at least that amount of time or more.

  • Avatar

    Kyle Barella

    Immigration Attorney
    Answered on

    There is currently a backlog in visa availability for nationals of Vietnam. According to the August 2018 Visa Bulletin, visas are available for Vietnamese nationals with a priority date of Aug. 1, 2014, or earlier. Nevertheless, this date is subject to drastic changes, and it is advised that potential investors submit their I-526 petition as soon as possible to avoid further delay.

  • Avatar

    Charles Foster

    Immigration Attorney
    Answered on

    Regarding individuals born in Vietnam, there is an anticipated backlog and thus the proper response should be to file your I-526 petition at the earliest possible date. According to estimates, by Oct. 1 there will only be EB-5 visa numbers available for individuals born in Vietnam whose petitions were filed by January 2016. Thus, we can anticipate a backlog of approximately two years. Again, the sooner you file the better. The retrogression could be adjusted forward and backward during the course of the next fiscal year.

  • Avatar

    BoBi Ahn

    Immigration Attorney
    Answered on

    As of August 2018 Visa Bulletin listing, both nationals from Vietnam and China are subject to the same backlog dates for EB-5 (i.e., currently processing EB-5s with priority dates of 8/1/2014 and earlier).

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