Today, the U.S. Department of State published the monthly Visa Bulletin for August 2023. The new monthly visa bulletin shows no changes on the cut-off dates of EB-5 visa category – all final action dates and dates for filing in August will remain the same as the July cut-off dates for EB-5 visa applicants. With over 5,000 EB-5 visas already being issued between October 2022 and May 2023, we suspect that the movement on the EB-5 cut-off dates will be very limited (if any) for China and India during the remainder of FY 2023 (ending in September 30, 2023).
EB-5 FINAL ACTION DATES (CHART A)
The August Visa Bulletin revealed the following final action dates for EB-5 visa applicants:
- Applicants associated with unreserved EB-5 visa categories:
- China: September 8, 2015 (No Change);
- India: April 1, 2017 (No Change);
- All Other Countries: “Current”;
- Applicants associated with an EB-5 project within the reserved EB-5 visa categories:
- All Countries: “Current”;
(Chart A on the August 2023 Visa Bulletin)
EB-5 DATES FOR FILING (CHART B)
In August, the dates for filing will remain “current” for all EB-5 applicants, except for the applicants who were born in China or India under the “unreserved” visa categories. The date for filing of these applicants will remain the same as they are on the last visa bulletin, which is January 1, 2016 and December 08, 2019 respectively for Chinese and Indian nationals. Under the 2023 EB-5 Reform and Integrity Act, eligible EB-5 investors whose a priority date is earlier than the Dates of Filing enjoy the benefits of concurrent filing of their I-526(E) petition and application for adjustment of status.
(Chart B on the August 2023 Visa Bulletin)
EB-5 VISA DATA DASHBOARD
IIUSA is excited to launch this new EB-5 Visa Data Dashboard. This powerful tool brings comprehensive data insights related to EB-5 visa usage to your fingertips, including year-to-date EB-5 visa issuance for fiscal year 2023, historical EB-5 visa number availability versus use, country-specific statistics on EB-5 green cards issuance, and more.
