As we reported in December, the increased demand in the EB-5 immigrant investor visa category will most likely result in visa retrogression for Chinese born EB-5 investors in the Spring of 2013. Some have reported that this type of retrogression will mean that EB-5 applications for Chinese investors will come to a standstill. This is not only false, but legally inaccurate. I-526 applications for Chinese nationals will still be processed by the USCIS. They will be assigned a priority date, and will need to wait until that priority is available before actually obtaining the conditional residence. …
Continue Reading The Myths of Retrogression of the Visa Numbers in the EB-5 Program