The Congressional Budget Office (CBO) predicts that within the next two decades population growth in the United States will be fully fueled by immigration. “As the effects of the pandemic wane and economic conditions in the U.S. improve, net immigration flows are projected to rise.” In a new report released in July 2022, the CBO concludes that immigration will soon drive all of the United States’ population growth. By 2043 deaths will outnumber births in the U.S., and immigration will be the only source of the United State’s population gain.
In CBO’s assessment, pandemic-related travel restrictions and reduced visa-processing capabilities resulted in 160,000 fewer net immigrants in 2020 and 110,000 fewer net immigrants in 2021. From 2022 to 2051, however, the annual net flow of immigrants is predicted to be higher. CBO now estimates 10,000 more people per year, on average, than the agency projected last year. If your family or business is amongst those looking to bring immigrants to the U.S., reach out to talk with one of our attorneys.