The February Visa Bulletin continues to show no backlogs for EB-5 set-aside categories. However, experts are closely monitoring potential changes as demand grows.
Bernie Wolfsdorf, a leading EB-5 attorney, highlighted the processing delays at USCIS and DOS, stating, “There are more than enough petitions in the pipeline to use up the existing quota, but because USCIS and DOS have been slower in processing, the Final Action Date has not been established.”
Charlie Oppenheim, WR Immigration’s Director of Visa Consulting and former State Department Director of Visa Control, shared that while Final Action Dates for India and China may be established by summer, they could remain current until the end of Fiscal Year 2025.
For more in-depth analysis, read the full article published by EB5Investors here.