to a continuous revamp in Indian EB-5 investment in the
future.
India has also seen a rapid advancement of its current
EB-5 priority date on “Char t A: Final Action Dates for
E m p l oy m e n t- B as e d P r e fe r e n c e C as e s” of t h e v i s a
bulletin. Once an investor received I-526 approval, the
priority date on the visa bulletin represents the date
an investor must have filed prior to be able to continue
to the NVC DS-260 consular processing and obtain a
green card. When Indian retrogression began in July
of 2019 the priorit y date for Indian applicants was
May 1, 2017 on the July visa bulletin. This date has
rapidly progressed, the April 2020 visa bulletin shows
that India’s priority date is now Jan. 19, 2019. This will
continue to spur Indian investment even further.
The final factor aiding the Indian EB -5 market is the
“Char t B, Dates for Filing of Employment- Based Visa
Applications” section of the visa bulletin. This char t
shows the priority dates for investors with an approved
I-526 petition residing with legal status in the U.S. This
char t has remained current for India , meaning that
Indians who are residing in the U.S. and eligible for
I-485 change of status may do so without delay. These
investors will not receive a green card until their priority
dates on Char t A is current, but they can receive an
EAD work authorization and travel authorization within
months of filing their I-485. All of these factors prove
104 EB5 INVESTORS M AGAZINE