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More EB-5 Predictions

Maria del Carmen Ramos

Maria del Carmen Ramos

No one can really predict the future. But as analysts will tell you, we can learn a lot from the past and watching current trends. This is especially true when it comes to immigration, which is in a state of constant flux. (more…)

Retrogression Alert Issued for EB-5 Category

Maria del Carmen Ramos

Maria del Carmen Ramos

In September 2014, we predicted the EB-5 visa category would retrogress sometime in the 2015 fiscal year. After all, Form I-526 filings have increased by over 500% over the last five years. And the EB-5 category for Chinese nationals became unavailable at the end of the 2014 fiscal year. Our hunch was confirmed by the Department of State (DOS) recently, when Charles Oppenheim, Chief of the Visa Control and Reporting Division at the DOS, predicted that the EB-5 immigrant visa category would retrogress as early as May 2015, but definitely sometime during the 2014-2015 fiscal year. (more…)

EB-2 India Retrogresses

Maria del Carmen Ramos

Maria del Carmen Ramos

Today, the U.S. Department of State (“DOS”) issued the November 2014 Visa Bulletin. As was expected, the employment-based, second preference (EB2) category for people born in India retrogressed to February 15, 2005. Interestingly, the employment-based, third preference category moved forward across the board. EB3 India inched forward to November 22, 2003; EB3 China advanced to January 1, 2010; and EB3 for all other countries of chargeability moved to June 1, 2012. (more…)

EB-2 India: Retrogression Expected

Mechelle Zarou

Mechelle Zarou

The State Department has released the October Visa Bulletin showing the Employment-Based Second Preference (EB-2) Category for India with a priority date of May 1, 2009. Based on current demand, it is expected that the priority date could retrogress as far back as 2005, possibly as early as November. The high number of Indian-born applicants “upgrading” their filings from EB-3 to EB-2 is a major factor in the impending retrogression. (more…)