Earlier this month, USCIS announced it had used up the unreserved EB-5 visas available to Indian nationals for the current fiscal year. If you are considering an EB-5 investment, the headlines may have given you pause.
For investors filing today, this does not affect your path. The exhausted visas belong to the unreserved category, which holds pre-2022 petitions that new investors do not file into. Investments made today go into the reserved set-aside categories, rural and high-unemployment, which remain current for Indian nationals.
It is also a constructive sign. Reaching the cap means USCIS has been working steadily through the older backlog, the kind of momentum long-waiting applicants have wanted to see.
In the short video below, CanAm COO Christine Chen explains what the announcement means and why new investors have no cause for concern.
