The U.S. Department of State – Bureau of Consular Affairs released its Visa Bulletin for the month of December which revealed the cutoff date for Mainland Chinese EB-5 applicants advanced to December 15, 2013. The previous cutoff date from the November Visa Bulletin was November 22, 2013. The dates for filing EB-5 visa applications for Mainland-China is May 1, 2015.
Since May 1, 2015, Mainland Chinese-born immigrant investors have been subject to a cutoff date for EB-5 visa issuance, due to high demand for EB-5 category visas. This cutoff allows investors who filed their I-526 petitions on or before the priority date to receive a conditional green card once their I-526 is approved but places those who filed after the priority date into a “waiting line” until more visas become available.
Need a refresher on how the new Visa Bulletin works?