It Is Time To Open the U.S.
Lifting the Muslim ban is the most anticipated immigration policy change the world is waiting for from the U.S. It has been a tumultuous 4 years for U.S. immigration and Joe Biden’s promise to lift the travel ban in his first 100 days in office is the steadiness we have been waiting for. It is the first change needed to indicate a move in a positive direction for the U.S.
The November Visa Bulletin
The November visa bulletin from the United States Citizenship and Immigration services (“USCIS”) has been released and there is a clear indication of a reduction of backlogged applications. Albeit, the departmental closures due to the COVID-19 pandemic have slowed down the actual processing of applications but this visa bulletin is evidence of the availability of capacity for USCIS to process and approve I-526 petitions.
EB-5 Next Chapter
Joe Biden has continuously communicated his plans and policy changes for his first 100 days in office. We have dissected and analyzed the policies he wants to immediately give attention to and have applauded his direction. While his humanitarian approach toward immigration is truly admirable and is exactly what the U.S. needs after Trump, the U.S. economy and unemployment rate needs stimulation to recover from the COVID-19 effects. The EB-5 immigrant investor program was established for the stimulation of the U.S. economy and labor market and has been highlighted as a vital tool for the recovery of the U.S. Perhaps the most pressing question is will Joe Biden increase the required investment amount to meet inflation.
EB-5 Application Process – Faster Access to U.S.
As the EB-5 immigrant investor visa has increased in popularity so has the assumption that the process takes years for investors to receive their green cards. While this may be true, it is important to understand that each case is different and its outcomes are based on a number of different elements.
A Joe Biden Administration – Immigration Visas
Change is finally here and has come with Joe Biden being elected as the 46th President of the United States. The Democrats have been preparing for this win for a long time and have since announced a long list of Donald Trump enacted policy changes they wish to reverse. While Donald Trump made ample radical policy changes it will be interesting to see which areas Joe Biden targets in his first 100 days in office.
What Will the Future of the EB-5 program Look like?
Under President Trump, the U.S. has seen a decline in the employment rate, an increase in wage growth and constant changes to immigration policies. These are only just a few areas where the Trump administration has made cardinal changes to U.S. policies. After a tumultuous term the 3rd of November brought with it hope that Joe Biden will win the upcoming elections.