Nishant completely agree with you.
Following is the current situation for EB2 – India.
- Assumptions – 2011 SOFAD is ~ 30K.
- We saw towards the end of 2011 the date movement slowed down considerably and the agencies reported that there was a spurt in EB1 and EB2 ROW demand.
- This can be substantiated by the USCIS dashboard (USCIS: National Processing Volumes and Trends) in the months of May & June the number of I140 approvals was quite high, in fact 50% higher. This released a huge number of EB2 ROW and EB1 485’s in the next 2 months that is why the Aug bulletin movement was conservative and there was no movement in the September bulletin.
- Also note that the I140 backlog is 10K above the levels of last year so any further acceleration to clear this out in this year itself will diminish SOFAD from anywhere between 5-10K.
- The EB5 program is being marketed very aggressively this year this year only saw 6K SOFAD for EB5.
- The current demand till Jul 15th is ~ 12K.
- Porting would be in the 4-6K range.
- Assumption of using 30K SOFAD and 4K porting would be the best case scenario.
- Let’s assume a rough density of EB2 I/C to be 2.5K Per month.
- Best case scenario 30K SOFAD, 4K porting this means 14K new intake required. This will be possible only when the intake is done in the next 2 months if done later things will shift to the conservative side because there is potentially high EB2 ROW and EB1 demand.
- Worst case scenario 25K SOFAD 6K porting this means 7K new intake required.
Now in the best case scenario which is a long shot (Less than 10% chance) the dates will move till 15th Jan – 1st Feb. If the agencies want to keep a buffer they may even move to the end of March. This scenario it’s extremely optimistic but not impossible but I would urge everyone not to bank or hope for it and be disappointed later on.
Realistically another 10K additional intake should happen this should move the dates till Nov 2007 and have Dec 2007 as a buffer.
In the worst case which seems more likely for actual GC issuance this year only 7K intake is required this would move the dates to 01 Oct 2007 to 15-Oct 2007.
Following is my current belief the dates will move till the end of 2007 to take fresh intake, however by Sep 2011 GC issuance will stop somewhere in Oct 2007. This will be revised several times most important thing is how EB2 ROW and EB1 actually perform in the year, most importantly in the earlier quarters.