Articles Tagged with investment-for-visa program

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hands-375260_640Despite the controversies hounding the investment-for-visa program, statistics show more foreign investors than ever applied to the program rather than be put off by the questions involved during the application process. Data from the U.S. Citizen and Immigration Services (USCIS) shows there was a significant jump in the number of foreign investors who applied for visas through the EB-5 program in 2015.

USCIS figures show the number of application for the s for the EB-5 investments-for-visas program increased to approximately 17,791 applications in 2015, a significant jump from the 11,744 applicants in 2014, and an increase of more than 200 percent from the 6,554 applications in 2013.

The surge in applications has led to a significant backlog of applications with the USCIS. Due to the staggering demand experienced in 2015, it’s estimated there are more than 21,000 applications awaiting processing by the end of the previous year.