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Will more visas be allocated to the EB-5 category?

Since the EB-5 category is not impacted by the executive order, could more visa numbers be allocated to the EB-5 category this year?

Answers

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    A Olusanjo Omoniyi

    Immigration Attorney
    Answered on

    No, the government has neither any intention or any plan in progress to increase the number of EB-5 visas.

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    Stephen Berman

    Immigration Attorney
    Answered on

    No. By law, EB-5 is 7.1% of the worldwide level. If the worldwide level goes down, so does EB-5.

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    Unfortunately, EB-5 does not get to use unused visas from other categories. The problem is with consulates closed, there is a fear that unless they reopen soon, many unused visas may get wasted. We are hopeful they will reopen soon and increase the number of interviews to make sure the full allocation is used before September 30 annual deadline.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    Not unless Congress does this. There may be persons electing not to come now pushing those at the back of the line farther ahead.

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    Salvatore Picataggio

    Immigration Attorney
    Answered on

    Visa allocation is a different beast and covered by the Department of State. While some EB-5 benefits were floated as a possible addition to the Covid stimulus bills (like additional visas) nothing came of it. Because of the lack of travel, you may see fewer people moving forward to take advantage of their approvals and visa availability.