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EB5 US Investment Immigration Closed? What the hell is going
Guide reading:But judging from the official announcement of the above-mentioned immigration bureau, if EB5 is really closed permanently, is it right to continue the trial on the basis of green card? If you do not get the temporary green card, the immigration bureau
So customers are asking Xintong if EB5 has been completely shut down. Now let's look at Xintong's interpretation of this event.
 
Every year, EB5 is a free rider federal budget. What does that mean?  The federal budget was deferred, and EB5 was deferred; the federal budget was defeated, the government closed, and EB5 closed.
 
The same is true this time. EB5 was suspended along with the budget. When the budget passed, EB5 was opened again.
 
The reason for the closure of the budget was Trump's request for wall repairs along the US-Mexico border. Trump has asked for $5 billion to build the wall, and Democrats have been opposed to Trump's $1.3 billion, emphasizing that the money can only be used to secure the border, not to build the wall for you.
 
Since the budget was not approved by both parties, it meant that the government could not spend money, that many of the projects that needed to be spent could not continue, and that wages for employees would be difficult to pay, some departments of the U.S. government suspended their work.
 
This is the 21st suspension of the federal government since 1976. The U.S. government closes almost once a year, for a minimum of one day and a maximum of 21 days. There were three closures in 2018. Historically, the Federal Government of the United States will not close for a long time, so EB5 will not shut down completely. I believe it will reopen soon. You need not worry too much.
 
Look carefully at the EB-5 shutdown announcement:
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Among them, the acceptance and trial of I-526 and I-829 applications are summarized as follows:
 
During the period of closure, does the Immigration Department accept all kinds of applications?
I924 (New Regional Centre Qualification Application) and I924A (Regional Centre Annual Qualification Report) are not accepted.
I 526, I 485 and I 829 are all accepted.
 
During the period of closure, will the Immigration Bureau continue to hear all kinds of applications?
I 924, I924A, I526 and I485 are not heard.
I 829, continue the trial.
 
Many people are worried about whether EB5 will be shut down permanently. No one can give a prepared answer, but the possibility is very small, but not completely impossible.
 
But judging from the official announcement of the above-mentioned immigration bureau, if EB5 is really closed permanently, is it right to continue the trial on the basis of green card? If you do not get the temporary green card, the immigration bureau may not approve or not issue the green card; but if you have already got the temporary green card, I829 will continue to approve it??
 
Finally, the EB5 shutdown should not be permanent, so we need not be too nervous. However, it is certain that the tighter the immigration policy is, the harder it will be for immigrants to move and cherish it.