November 2020 EB-5 Visa Waiting Time Update – Impact of COVID-19 and Hope for the Future

November 2020 EB-5 Visa Waiting Time Update – Impact of COVID-19 and Hope for the Future

November 20, 2020

The American Immigration Lawyers Association is the national association of more than 15,000 attorneys and law professors who practice and teach immigration law. Founded in 1946, AILA’s mission is to promote justice, advocate for fair and reasonable immigration law and policy, advance the quality of immigration and nationality law and practice, enhance the professional development of its members, all while providing legal education, information, professional services and legal expertise. In an article published by AILA, WR’s Bernard Wolfsdorf and Joseph Barnett, along with Charles Oppenheim, Chief of the U.S. Department of State Visa Control and Reporting Division, offered their expertise on EB-5 visas in the context of COVID-19. Main points are as follows:

  • Depending on the status of a vaccine, consular posts may not get back to normal until March or April 2021.
  • U.S. citizens will continue to be the priority for consulates and embassies.
  • Annual limit for EB-5 visas in 2021 will be increased to 18,600.
  • Access to consular posts will be on a case-by-case basis; visit individual websites for further information.
  • Mainland Chinese immigration will likely increase its already high usage of 75% of annual EB-5 visas.
  • Despite high estimated wait times, I-526 petitions filed before November 19, 2020 will take priority.

In addition, check out our 15 minute immigration update on visa bans, along with many other informative videos on our YouTube channel. Like and subscribe for more immigration updates!

By | 2020-11-20T16:05:49-08:00 November 20th, 2020|Other|Comments Off on November 2020 EB-5 Visa Waiting Time Update – Impact of COVID-19 and Hope for the Future

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