March Visa Bulletin See Great Leap Forward for Chinese EB-5 Investors

 

The U.S. Department of State (“DOS”) March visa bulletin is out and in a big surprise, the Final Action Date priority date [link to article] for Chinese EB-5 investors leaped forward by 5 months, from December 1, 2014 in February to May 15, 2015. We are looking forward to reading the comments from Mr. Charlie Oppenheim on the reason for this jump. Frankly, it seems unrealistic and we expect that this date will “Retrogress” in coming months. The Dates for Filing experienced a 6 months leap as well with the March Dates for Filing of December 15, 2015.

The priority date for Vietnamese EB-5 investors made a modest one month advance from December 15, 2016 last month to January 15, 2017 in the March visa bulletin. Since Vietnam is not listed on the Dates for Filing chart, adjustment applicants from Vietnam should use the worldwide dates found in the “All Chargeability Areas Except Those Listed” column, which is current. This would allow anyone in valid status already in the United States to consider filing for Adjustment of Status (“AOS”) and adjusting to permanent residence while in the United States. An AOS application can also include an application for work authorization and for approval to travel under emergent circumstances.

If you think you or one of your relatives may be eligible for AOS, contact us for more information and assistance.

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