How exactly will the 2024 U.S. election affect immigration to the U.S.?

As the U.S. election approaches, the fight between presidential candidates Donald Trump and Joe Biden continues to escalate, and the two candidates have very different attitudes toward immigration, so whose advocacy is more favorable to immigrant applicants?

In terms of performance during his time in office, strict immigration policies under Trump brought immigration numbers to a standstill, while Biden's immigration-friendliness in office coupled with the unblocking of the epidemic has brought immigration back to a strong growth rate.

PART 1 Before the end of the election = prime time to apply

While the outcome of the U.S. election is still uncertain and the future of immigration policy is still unknown, during his time in office, Biden has adopted a relatively moderate policy on immigration, at leastBiden's time in office is still the "prime time" to apply for a green card.

The U.S. 2024 presidential election is officially scheduled for November 5th. In other words, it's likely thatThe "golden period" for applying for a green card is less than five months away!Applicants who want a green card should hurry!

One of the difficulties in U.S. immigration is the scheduling period, and in the face of such a short window, the program with a short scheduling period is more advantageous.The current program in the U.S. immigration bill to move to the U.S. quickly has to be the EB-5.

PART.2 The EB-5 advantage is clear!

Advantage 1: Dual submission

After 90 days of entry into the U.S., you can file your I-526E and I-485 at the same time, and after you get your 485 receipt in about 1 month, you can get your work card and your Re-entry Permit in about 3-10 months. You can legally work in the U.S. for any type of job after you get your work permit. You can leave the U.S. after you get the U.S. Repatriation Certificate, and it will not affect the green card approval.

Advantage 2: No scheduling

After the introduction of the new policy, there is a new concept of "reserved visa". From the annual global 10,000 green cards set aside 32% as a reserved visa, opened a new channel, and the new channel and the old channel is separate, there is no scheduling!

Advantage 3: Whole Family Immigration

With EB-5, the spouse and unmarried children under the age of 21 of the principal applicant can obtain a green card and achieve family reunification.

PART.3 EB-5 Petition Threshold

EB-5 applicants are mainly financial requirements, as long as they are over 18 years old, in good health and have no criminal record. There are no rigid restrictions on other educational levels, English proficiency, professional skills, business background, or work experience.

In terms of funding, the principal applicant has at least $800,000 in liquid funds from an explainable source and invests at least $800,000 in a business project that creates at least 10 jobs in the United States.

PART.3 Difficulties in applying for EB-5

01 Need to prove legitimacy of funds

Successfully applying for EB-5 is not just about the money, but proving the legal source of the funds often requires thorough documentation.

02. Selection of investment projects based on demand

Investment risk and capital security are important. Things like project selection, repayment mechanism and market environment should be carefully considered and expert help should be sought as early as possible to improve the chances of success.

03 The need for policy timing

EB-5 policy may change, including investment amount, regional center operation and scheduling, you need to pay attention to the policy developments to avoid missing opportunities due to changes.

The EB-5 program is a great option for rapid immigration! However, it requires careful planning, selection of the right program, and compliance with legal requirements. In-depth research and professional counseling are essential before making a decision.