Comment: Six to Ten Year Wait for Chinese EB5 Investors
Currently, only Chinese investors who applied for EB-5 visa before February of 2014 can get their Green Cards now--so the waiting time for those investors is 2 years and 4 months. But this waiting time keeps increasing because over the last two years several thousands of new EB-5 applications have been filed, which is many more times than yearly EB5 visa quota. What is the waiting time for Chinese EB-5 investors who are planning to apply this year?

Here is the rough calculation: There are approximately 40,000 Chinese EB-5 petitions pending and an additional 20,000 approved petitions awaiting visa availability--that is total of 60,000 people waiting in line. If all of the 10,000 annual EB5 quota was used by the Chinese investors, it would take at least 6 years wait for a Chinese investors applying now. However, other countries made up 15% EB5 investors last year, and that percentage is likely to increase to over 50% as the Chinese EB-5 market collapses due to long wait times and as other markets rise. If 50% of the EB5 applications in a year come from non-Chinese investors, that means that number of visas available for Chinese investors could shrink to 5000 per year, resulting in almost 12 years wait for Chinese investors investing now.

Note the death spiral: As waiting times increase, the number of Chinese EB5 investments decrease. RCs get investors from other countries in larger numbers. That reduces the number of visas available for China per year, which makes the wait time longer, which in turn decreases Chinese EB5 investments even further, continuing the death spiral.

Therefore, various experts that Immigration Daily talked to predict that the waiting time for this year's Chinese EB-5 investors will be minimum of 6 years to as much as 10 years. In response to Chinese retrogression, the Chinese EB-5 market is already down by 25%; and we expect it to shrink further. With atrociously long waiting times, EB-5 is closing as a good option for Chinese investors. Stay tuned to Immigration Daily for the latest developments on this fast unfolding topic.,

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ComingsNGoings: Immigration Reading
Enduring Uncertainty: Deportation, Punishment and Everyday Life (Dislocations) by Ines Hasselberg - Berghahn Books; 1 edition (March 30, 2016) - Hardcover: 186 pages, ISBN: 1785330225, $27.79 - $45.00 - http://www.amazon.com/gp/product/1785330225.


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