China EB-5 “Unavailable” for Remainder of FY2014

On Saturday, August 23, 2014, Charles Oppenheim, Chief of the Department of State (DOS) Immigrant Visa Control and Reporting Division announced that as of that date the maximum number of E-B5 visas has been reached for China for FY2014. He made the announcement at the American Immigration Lawyers Association’s (AILA) 2014 EB-5 Conference in Chicago, IL. He stated that all China EB-5 applicants already scheduled for interviews for the rest of August and September still had EB-5 visa numbers allotted to them.

USCIS will continue to accept and process new China EB-5 cases but these cases will be held in the Visa Office’s “Pending Demand” file until October 1, 2014, the beginning of the new Fiscal Year (FY2015). All of China EB-5 cases held in the “Pending Demand” file will be processed under FY2015 limits. Please note that this announcement only affects the China EB-5 category.

Congress created the Immigrant Investor Program (EB-5) in 1990 for job creation and capital investment within the United States by foreign investors.

Source of Information:
LexisNexis® Legal Newsroom – Immigration Law:
DOS Alert: China EB-5 “Unavailable” for Remainder of FY2014

AILA InfoNet Doc. No. 14082360 (posted 8/23/14):
DOS Alert: China EB-5 “Unavailable” for Remainder of FY2014
USCIS.gov, 7/3/12, Web Page:
EB-5 Immigrant Investor