US EB-5 visa annual cap for unreserved category reached for FY 2024
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The US State Department and USCIS announced that all EB-5 unreserved visas for FY 2024 have been issued, reaching the annual limit. The EB-5 annual limit is 7.1% of the worldwide employment limit, with 68% allocated for unreserved categories. The EB-5 Reform and Integrity Act of 2022 allows unused reserved visas from FY 2022 to be available for FY 2024. The annual limits will reset on October 1, 2024, for FY 2025, allowing embassies to resume issuing visas. The EB-5 Immigrant Investor Program was created in 1990 to stimulate the economy through foreign investment.
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https://www.financialexpress.com/business/investing-abroad-america-eb-5-visa-annual-cap-for-unreserved-category-reached-for-fy-2024-3586779/
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