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