Saturday, November 23, 2024

Chinese face significant EB-5 waiting times

The Chinese face significant waiting time under the Employment based Fifth (EB-5) program. According to new figures as of Nov 2017 released by State Department, about  30,259 EB-5 applications are pending and the 88.3% of chinese applications (26,725) under E5 are on the waiting list.

The backlog of waiting cases are quite low for India, South Korea and Vietnam

EB-5 Waiting list Pending Percentage
China 26,725 88.3%
Vietnam 649 2.2%
India 307 1%
Hong Kong 423 1.4%
South Korea 278 0.9%
Others 1,877 6.2%

 

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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