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4h ago

EB-5 Unreserved Visas Exhausted for FY2025, Consular Issuance Paused Until Oct. 1

A combination of statutory caps with 2022 carryover rules exhausted the unreserved allotment ahead of the fiscal‑year reset.

An exterior view of the U.S. Department of State headquarters in the Foggy Bottom neighborhood in Washington, DC, on April 15, 2025.
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US State Department has frozen green cards for EB-5 category visas for this fiscal year.

Overview

  • State Department and USCIS confirm all FY2025 EB-5 unreserved numbers have been issued, closing out the category for the remainder of the fiscal year.
  • Embassies and consulates will resume issuing EB-5 unreserved visas when FY2026 numbers take effect on October 1, 2025.
  • The October visa bulletin advances India’s EB-5 unreserved final action date to February 1, 2019, while China remains at December 8, 2015, and the set‑aside categories stay current.
  • By statute, EB-5 receives 7.1% of the worldwide employment-based limit, with 68% allotted to unreserved visas and 32% reserved for rural, high‑unemployment, and infrastructure projects.
  • The EB-5 program requires a qualifying investment—typically $800,000 in a Targeted Employment Area or $1.05 million otherwise—that creates at least 10 full‑time U.S. jobs.