These are the costs of an EB-5 Visa for Hong Kong investors.
- EB-5 investment
- $800,000 (HK$6,279,276 Hong Kong Dollars) for a Targeted Employment Area
- $1,050,000 (HK$8,241,549.75 Hong Kong Dollars) for a non-Targeted Employment Area
- Form I-526- $3,675 (HK$28,845.42 Hong Kong Dollars)
- Application to Register Permanent Residence or Adjust Status (Form I-485)- $1,140 (HK$8,947.97 Hong Kong Dollars)
- Form I-829- $3,750 (HK$29,434.11 Hong Kong Dollars)
The U.S. Citizenship and Immigration Services (USCIS) allows 10,000 EB-5 visas a year.
The Joint Financial Intelligence Unit is the regulatory body that has framework and monetary policy for moving assets and money outside of Hong Kong.
Our guide on EB5 Visa Cost has all the information on the fees for an EB-5 Visa for Hong Kong investors.
What is the Priority Date for EB5 Visa for Hong Kong Investors?
The EB-5 Visa for Hong Kong investors is on “current” status according to the Visa Bulletin released by the U.S. Department of State (DOS). “Current” status means that there is no retrogression (backlog) for the EB-5 Visa for Hong Kong investors. The U.S. Department of State (DOS) considers Hong Kong separate from Mainland China for the purpose of visa allocation. Hong Kong-born investors are not subject to Mainland China’s backlog.
What is the EB-5 Visa Statistics for Hong Kong Investors?
Hong Kong is the 6th top country with the most EB5 Visa issuances (1% of the total) for fiscal year (FY) 2023. Hong Kong investors were granted 85 EB 5 Visas in FY 2023 through consular processing according to reports from the U.S. Department of State (DOS).
What is the Best Project to Invest in with an EB-5 Visa for Hong Kong Investors?
The best EB5 projects for Hong Kong investors include the restaurant industry and hotel construction. An EB5 project in the restaurant industry produces a sizeable cash flow for repayment. A hotel construction EB-5 project generates numerous jobs to meet the minimum job creation requirement of the EB-5 Visa. EB5 Projects are the business investments of Hong Kong investors to qualify for the EB5 Visa.
What Does the Future Hold for EB-5 Investors from Hong Kong?
The “current” status of the EB5 Visa for Hong Kong investors does not subject them to retrogression (backlog) in the application process. Hong Kong investors for EB-5 Visa enjoy higher-than-average approval rates. The approval rating of Hong Kong investors for EB-5 Visa was between 87.5% to 100% from FY 2016 to FY 2019 according to USCIS.
What is the Current Retrogression Situation for Hong Kong Investors?
There is no backlog in the EB-5 Visa for Hong Kong investors. The status of the EB5 Visa for Hong Kong investors remains “current” according to the Visa Bulletin from the U.S. DOS.
What is a Targeted Employment Area?
A targeted employment area (TEA) is a region in the United States where the threshold for investment for a Hong Kong investor to be eligible for the EB-5 Visa is $800,000 (HK$6,279,276 Hong Kong Dollars). The two kinds of targeted employment areas are high unemployment areas and rural areas.
What Other Countries can Invest in the EB-5 Visa Program?
About 80% of EB5 investors come from Taiwan, China, South Korea, and the United Kingdom according to Investment Migration Insider. Below are the top countries that apply for the EB-5 Visa.
Is USA a Good Foreign Market to Invest in for Hong Kong Citizens?
Yes, Hong Kong investors particularly prefer EB5 projects in a targeted employment area (TEA). Hong Kong investors conducted 93% of their investments in TEA projects in 2019 according to the U.S. DOS.
Is EB-5 Visa Popular to Hong Kong Investors?
Yes, Hong Kong investors prefer the EB5 Visa as an immigration option over other visas. The EB5 Visa does not require educational and language eligibility for Hong Kong investors. Hong Kong investors can obtain a green card for their dependents with the EB5 Visa. Their children can enjoy the benefits of studying in the US and gaining wider employment opportunities.
Can EB-5 Visa Attorney Speed Up the Process of EB-5 Visa?
Yes, an EB-5 Visa attorney assists the Hong Kong investor in speeding up the application for the EB-5 Visa. Application errors and incomplete documentation are common causes of delays in the EB5 application. Delays in the EB5 Visa for Hong Kong investors can be prevented by working with an EB-5 Visa Attorney.
Is Obtaining an EB-5 Easy for Hong Kong Investors?
There is no backlog in the visa bulletin for EB-5 Visa for Hong Kong investors. Hong Kong investors can get their EB-5 Visa faster than applicants from China and India who are experiencing backlogs.
Can a Hong Kong Investor Borrow Money for EB-5 Visa?
Yes, Hong Kong investors can use loans for their EB-5 Visa petition. The loan has to be secured by assets and the collateral cannot be the same EB-5 business. Our guide on EB-5 Source of Funds Requirements contains all the information about EB-5 source of funds.