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.
EB-5 Program the Best Alternative for Silicon Valley
Historically, as the national elections drew close the current United States president would refrain from making any drastic policy changes. Policies remain untouched until the president either returns into office or the opposing presidential candidate takes on the new role.
The E-2 Treaty Visa Compared to the EB-5 Immigrant Investor Program
The process of immigration is riddled with intricate industry jargon and application procedures. While the holistic idea of immigration can be daunting, it is important that foreign nationals understand the various programs available and what they encompass. Through an in-depth understanding of the programs, foreign nationals considering immigration will be armed with knowledge and can thereby make the most suitable decisions for their future.
Contribution of Immigrants to the U.S. Economy
The population size and diversity of immigrants in the United States has increased over the years. In 2018, it was reported that immigrants living in the U.S. accounted for 13.7% of the U.S. population. Under the Trump administration, immigration has been at the forefront of national political debate through constant amendments to the U.S. immigration policies. This increased focus in immigration has highlighted questions as to whether foreign nationals burden or strengthen the country’s economy.
Importance of EB-5 Pre-election Filing
The EB-5 immigrant investor program was created by Congress in 1990 and has been actively operating since its creation. The program requires yearly authorization from Congress. Previously, the program has been reauthorized without any changes being introduced but it must be noted that U.S. immigration policies have been constantly changing under the Trump administration and thus changes to the program may be imminent.