EB-5 Visa Usage by Country 2010
February 10, 2011 Leave a comment
The U.S. Department of State has published their final visa usage statistics for FY2010. A total of 1,885 EB-5 visas were issued, with the following countries making up the Top 10:
- People’s Republic of China (772 or 40.9%)
- Republic of South Korea (295 or 15.6%)
- Great Britain/Northern Ireland (135 or 7.1%)
- Taiwan (94 or 5.0%)
- India (62 or 3.3%)
- Iran (55 or 2.9%)
- Mexico (50 or 2.6%)
- Canada (45 or 2.4%)
- Russia (41 or 2.2%)
- South Africa (34 or 1.8%)
Thanks to Peter Joseph at the IIUSA blog for tabulating these stats from the State Department’s master list. Several points of comparison with visa usage statistics from FY2009:
- The top four countries by visa usage are the same as in 2009.
- Iran and South Africa have moved into the top ten, and Mexico has moved up in the list, while Japan and the Netherlands dropped out.
- USCIS issued 55% more EB-5 visas (4,218) in FY 2009 than in FY2010. According to investigation by IIUSA, this 2009 spike occurred because USCIS expedited EB-5 visa processing in advance of the 2009 program sunset date.
- Although EB-5 visa issuance was down in 2010, the number of I-526 petitions filed in 2010 increased by 90% compared to the previous year.