2018 aila & iiusa eb-5 industry forum...2018 aila & iiusa eb-5 industry forum october...

2018 AILA & IIUSA EB-5 Industry ForumOctober 29–30, 2018Chicago, IL

PowerPoint sponsored by

CHARLES OPPENHEIM, Chief, Immigrant Visa Control & Reporting, U.S. Dept. of State

ROBERT C. DIVINE (DL), IIUSA Vice President Emeritus, Baker Donelson

CLETUS M. WEBER, IIUSA Director, Peng & Weber PLLC

BERNARD P. WOLFSDORF, Conference Program Chair, AILA Past President, Wolfsdorf Rosenthal LLP

Worldwide EB-5 Number Use by Category FY 2012 - 2018

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018C5 159 243 161 64 273 269 220R5 5 7 1 11 13 11 26T5 164 227 155 92 573 417 361I5 7,312 8,087 10,375 9,597 9,088 9,393 8,995

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

11,000

12,000

Issu

ance

s / A

djus

tmen

ts o

f Sta

tus

C5: Employment creation outside a targeted area (Non-Regional Center)T5: Employment creation in a targeted rural/high unemployment area (Non-Regional Center)I5: Investor Pilot Program in a targeted area (Regional Center)R5: Investor Pilot Program not in a targeted area (Regional Center)

Worldwide EB-5 Number UseState Department (visa) vs. USCIS (adjustment)

FY 2012 - 2018

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018USCIS 962 1,252 1,464 991 1,442 1,676 1,795Dept. of State 6,678 7,312 9,228 8,773 8,505 8,414 7,807

0

2,000

4,000

6,000

8,000

10,000

12,000

Issu

ance

s / A

djus

tmen

ts o

f Sta

tus

Otherwise Unused EB-5 Numbers

Example of determination and distribution of such numbers:Annual Limit: 10,075 (can vary slightly)

Per-Country Limit: 705

10,075 (Annual Limit)- 5 China (reduction for Chinese Student Protection Act) - 705 Vietnam (at limit)- 5,565 All Other Countries (Estimated)

3,800 “unused” numbers available for use by countries that have reached their per country limit in priority date order

EB-5 Number Use: China-mainland born vs. Rest of WorldFY 2014 - 2018

9,128

8,156

7,516 7,567

4,642

1,564 1,608

2,431 2,523

4,960

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

FY 2014 FY 2015 FY 2016 FY 2017 FY 2018

Issu

ance

s / A

djus

tmen

ts o

f Sta

tus

China - mainland born Rest of World

EB-5 Number use by Top Countries of Current Interest Other Than China-mainland born

FY 2014 - 2018

0

100

200

300

400

500

600

700

800

Brazil China - Taiwan born India South Korea Vietnam

Issu

ance

s / A

djus

tmen

ts o

f Sta

tus

FY 2014 FY 2015 FY 2016 FY 2017 FY 2018

Annual Per Country Limit: approximately 696

Number of EB-5 Applicants on Petitions Received at NVCFY 2016 – FY 2018

*Rest of World data excludes China-mainland born, and those countries listed above. Petitions for China-mainland born have been totaling about 11,100 in recent years.

65139 142 141

312

664

286368

420485

980

2,077

285393

738

481

1,285

1,753

0

500

1,000

1,500

2,000

2,500

Brazil China - Taiwan born India South Korea Vietnam Rest of World*

EB-5

Pet

ition

s Rec

eive

d

FY 2016 FY 2017 FY 2018

Top Countries of EB-5 Number Use - FY 2018

China – mainland born

(4,642: 48.3%)

Rest of World (1,874: 19.5%)

Vietnam (693: 7.2%)

India (585: 6.1%)

South Korea (531: 5.5%)

China - Taiwan born (452: 4.7%)

Brazil (388: 4.0%)

Venezuela (237: 2.5%)

Hong Kong (200: 2.1%)Country* FY2017 FY2018

China-Mainland 75.0% 48.3%

Vietnam 4.7% 7.2%

India 1.7% 6.1%

Korea, South 1.9% 5.5%

China-Taiwan born 1.9% 4.7%

Brazil 2.8% 4.0%

Venezuela 1.1% 2.5%

Hong Kong 0.8% 2.1%

All Other Countries 10.1% 19.5%

*Sorted by FY2018 ranking

EB-5 Applicants with Petitions on File at NVC

Foreign State of Chargeability 2014 2015 2016 2017 Grand Total

Brazil 10 97 102 51 260

China-mainland born 8,827 13,904 7,008 3,095 32,834

India 9 78 230 192 509

South Korea 7 30 85 237 359

China-Taiwan born 8 37 100 101 246

Vietnam 10 136 553 413 1,112

Rest of World 88 570 529 332 1,519

Year of Priority Date

Copyright © 2018 Invest In the USA (IIUSA). All Rights Reserved

Number of I-485 Pending at USCIS (EB-5), as of July 2018

Data Sources: USCISPrepared by IIUSA

2013 2014 2015 2016 2017 2018 TOTAL

CHINA 1 0 296 40 54 64 455

INDIA 0 0 0 0 2 41 43

OTHER COUNTRIES 0 9 80 82 100 219 490

TOTAL 1 9 376 122 156 324 988



Number of I-526 Petitions Pending at USCIS (EB-5), as of October 2018

Data Sources: USCISPrepared by IIUSA


Foreign State of Chargeability 2012-2013 2014 2015 2016 2017 2018 Grand Total

Brazil 0 1 31 39 121 115 307

China-mainland born 60 109 710 2,444 3,621 1,236 8,180

India 1 3 14 136 627 852 1,633

South Korea 1 0 6 34 135 293 469

China-Taiwan born 0 0 7 49 164 165 385

Vietnam 0 1 22 177 516 480 1,196

Rest of World 12 33 161 306 835 776 2,123


Data Note: Margin of error: +/- 0.5%.

Data Source: U.S. Citizenship and Immigration Services (IIUSA Obtained via FOIA)

Prepared by: Lee Li, IIUSA

93%92%

87%

97%

90%

92%

77%

80%

84%

82%

70%

75%

80%

85%

90%

95%

100%

China Vietnam India SouthKorea

Brazil Taiwan Iran Venezuela Mexico Russia

I-526

App

rova

l Rat

es (F

Y201

7)

Country of Chargeability

Average I-526 approval rate worldwide in FY2017: 92%

Average Approval Rates of I-526 Petitions, FY2017, Top 10 Countries of Chargeability

China -mainland

born Vietnam India S. Korea BrazilChina -

Taiwan bornRest of World

FY 2018 36.8% 26.3% 41.2% 35.8% 32.7% 36.9% 33.6%

FY 2017 36.1% 27.2% 42.0% 35.9% 29.4% 39.4% 34.0%

FY 2016 35.8% 27.2% 42.3% 34.2% 29.3% 34.5% 32.4%

FY 2015 35.2% 27.1% 36.0% 35.3% 35.3% 35.3% 33.5%

Percentage of EB-5 Principal ApplicantsFY 2015 – 2018

EB-5 Applicants with Petitions on File at NVC and Estimated USCIS Applicant Data

Foreign State of Chargeability

Actual Number of Applicants at NVC

DoS ESTIMATED Number of Applicants with Petition on File at

USCIS

Estimated Grand Total

Brazil 260 750 1,010

China-mainland born 32,834 19,994 52,828

India 509 3,505 4,014

South Korea 359 1,154 1,513

China-Taiwan born 246 916 1,162

Vietnam 1,112 3,896 5,008

Rest of World 1,519 2,006 3,525


Potential Wait Time* Until Visa Number AvailabilityIf the I-526 Petition is Filed Today (Oct. 30, 2018)

1.5

14

5.7

2.21.7

7.2

0

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Brazil China - mainlandborn

India South Korea China - Taiwan born Vietnam

Num

ber o

f Yea

rs

*These estimates cannot encompass all variables, such as dissipation from petition revocations, deaths, age outs, withdrawals, etc.; or increases from family "acquired" before visa issuance, possible legislation or other governmental action that might impact the amount of numbers available for use each year.

Wait time estimate is the number of years between the time an I-526 petition is filed today and the time when an EB-5 visa is likely to be available based on current number use patterns, including the processing time of adjudicating an I-526 petition.


* OTC Countries: All countries of chargeability other than China.




519 600

1,294

2,965

5,251 5,480

9,722

13,530

10,948

8,771

717456 651

899 982 1,071 1,217

2,275 2,2332,613

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017

I-526

Filin

gsChina OTC Countries

I-526 Filings by Fiscal Year, China versus OTC Countries* Total (FY2008-2017)


* OTC Countries: All countries of chargeability other than China.




FY2016-2017 Total, 941

FY2016-2017 Total, 927

FY2016-2017 Total, 371 FY2016-2017 Total,

325 FY2016-2017 Total, 287

0

100

200

300

400

500

600

700

800

900

1,000

India Vietnam South Korea Taiwan Brazil

I-526

Filin

gsFY2016 FY2017 FY2016-2017 Total

I-526 Filings by Fiscal Year, Top OTC Countries* (FY2016 - FY2017 & Total)

2018 aila & iiusa eb-5 industry forum...2018 aila & iiusa eb-5 industry forum october...

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