How Many People Have Applied for the US Golden Visa

The question of how many people have applied for the US Golden Visa is increasingly relevant for crypto investors and blockchain entrepreneurs seeking global mobility and regulatory clarity. This article provides a comprehensive overview of application numbers, recent trends, and what these figures mean for those in the digital asset space. By reading on, you'll gain actionable insights and learn how Bitget can support your international ambitions.

US Golden Visa: Definition and Crypto Industry Relevance

The US Golden Visa, officially known as the EB-5 Immigrant Investor Program, allows foreign nationals to obtain permanent residency by investing in qualifying US projects. For blockchain founders and crypto investors, this pathway offers access to the US market and regulatory environment, making it a strategic consideration for those seeking to expand their operations or safeguard digital assets.

Application Numbers and Recent Trends

As of June 2024, according to the US Citizenship and Immigration Services (USCIS), over 100,000 applications have been filed since the program's inception, with a notable surge in the past two years. In the fiscal year 2023 alone, 13,000+ new applications were submitted, reflecting heightened interest from high-net-worth individuals, including those in the crypto sector. This uptick is partly attributed to increased regulatory scrutiny in other jurisdictions and the growing appeal of US residency for digital asset holders (Source: USCIS, June 2024).

Country Breakdown and Blockchain Adoption

Applicants predominantly originate from China, India, and emerging crypto hubs in Southeast Asia. Notably, a growing segment of applicants are tech entrepreneurs and blockchain project founders, leveraging the Golden Visa to establish compliant operations in the US. This trend is supported by recent data showing a 15% year-over-year increase in applications from individuals with declared interests in fintech and digital assets.

Key Considerations for Crypto and Blockchain Applicants

For those in the crypto industry, understanding how many people have applied for the US Golden Visa is just the first step. Applicants should be aware of:

• Source of Funds Requirements: Crypto-derived wealth must be transparently documented and converted into fiat for investment purposes, in line with US anti-money laundering regulations.
• Processing Times: Due to increased demand, average processing times have extended to 24-36 months as of June 2024 (Source: USCIS).
• Project Selection: Blockchain entrepreneurs often choose tech-focused regional centers or direct investments in fintech ventures to align with their expertise and maximize impact.

Common Misconceptions and Risk Factors

Some believe that simply holding crypto assets guarantees eligibility, but the program requires verifiable, legal sources of funds and compliance with US tax laws. Additionally, market volatility can affect the valuation of crypto holdings used for investment, so applicants should plan for potential fluctuations.

Latest Developments and Practical Tips

Recent regulatory updates have introduced stricter due diligence for digital asset investors. As of May 2024, the USCIS has implemented enhanced scrutiny on large crypto-to-fiat transactions used in EB-5 applications (Source: USCIS Official Bulletin, May 2024). Applicants are advised to maintain detailed transaction records and consult with legal professionals specializing in crypto compliance.

For those managing digital assets, using a secure and compliant wallet is crucial. Bitget Wallet offers robust security features and seamless integration for users preparing documentation for residency applications. Additionally, Bitget Exchange provides a transparent trading environment, supporting the conversion of digital assets for investment purposes.

Actionable Steps for Prospective Applicants

• Review the latest USCIS guidelines on EB-5 investments and crypto asset documentation.
• Consult with a legal advisor experienced in blockchain and immigration law.
• Utilize Bitget Wallet for secure asset management and transaction tracking.
• Stay updated on application statistics to gauge processing timelines and competition.

For more practical guidance and the latest updates on how many people have applied for the US Golden Visa, continue exploring Bitget Wiki and leverage Bitget's suite of tools to streamline your global expansion journey.