AIIA FOIA Obtains Updated USCIS Filing Numbers, Urban TEAs Backlogged for Indian and Chinese Investors

Brennan Sim
March 6, 2024
AIIA FOIA Obtains Updated USCIS Filing Numbers, Urban TEAs Backlogged for Indian and Chinese Investors<br />
Recent statistics obtained by a FOIA request by the American Immigrant Investor Alliance (AIIA) show that since the EB-5 Program changes from the Reform and Integrity Act (RIA), there have been 2,185 Urban High Unemployment TEA filings and 1,093 Rural TEA filings. In addition, the top country filings were broken down as such:
Countries Urban Filings Rural Filings
China 1,008 767
India 390 174
Taiwan 209 18
Vietnam 99 14
South Korea 87 7

The data obtained in the FOIA clearly shows that Urban High Unemployment TEAs are already backlogged multiple years for Chinese and Indian investors as demand is outpacing supply. There is also a possibility that Taiwan (and soon Vietnam and South Korea) is already backlogged depending on whether USCIS issues Unreserved Visas or not to investors from countries that hit their 7% country cap within a set-aside category. On the other hand, the supply of Rural Visas still outpaces demand, and it appears there is time remaining before Chinese and Indian investors in Rural Projects can expect to run into a visa-backlog in the future. We now anticipate the industry to make a large shift toward rural investments, especially as Indian and Chinese investors account for 71.4% of all TEA filings.

To understand this in detail, please watch AIIA’s webinar where Brennan Sim of EB5 United joins other industry experts to assess the impact of the filing numbers released in the FOIA.

You can also get in touch with our Experts to learn about our Rural Projects and how they can help you reach your Immigration Goals.

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