EB-5 Visa Bulletin for August 2016
The 2016 August Visa Bulletin was released on July 11, 2016. The update for the EB-5 Visa category reveals news for China. The U.S. Department of State Bureau of Consular Affairs has decided not to make any changes on the application cutoff date for mainland born Chinese applicants. The cutoff date for China will remain February 15, 2014. Any EB-5 Visa applicants born in mainland China who had filed their I-526 petition before that date will continue to be processed; those filing after that date will continue to wait for processing.
For applicants submitting an I-526 form, receiving a conditional visa is dependent, not only upon adjudication of the I-526, but also upon a scheduled interview with the Department of State.
For employment based categories, Employment Based Fifth Preference holds all other countries’ status as “current” except for mainland China. For mainland China alone, it’s stated that the “Best case scenario is March 1st by September.” With a “Slow forward movement for October and beyond.” These projections for monthly basis occurrence will be based on current applicant demand patterns.
Review the entire July Visa Bulletin for August 2016 on the U.S. Department of State website.