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Consular processing improves globally 23.6% in FY 2023; no unreserved EB-5 visas wasted

Consular offices worldwide issued 8,506 EB-5 visas in FY 2023, marking a significant efficiency improvement. Notably, all unreserved visas were used, contrasting with over 2,600 unreserved EB-5 visas wasted in FY 2022. The top five countries in visa issuance were China (5,718), India (676), Vietnam (541), South Korea (416), and Taiwan (541). This increase in processing efficiency is encouraging for FY 2024, as we anticipate over 14,000 unreserved visas this year.

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