USCIS EB-5 processing time reduces to 14.1 months

USCIS has released new data which shows that average I-526 processing times have reduced by about 5 months in 2020. The latest data released in October 2020 shows that for the period Oct 2019 to Aug 2020, adjudications have been processed in an average of 14.1 months. This is a significant reduction from the previous year, when adjudications were averaging 19.8 months.

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What do the new EB5 regulations mean after Nov 21 2019

Most people interested in EB5, know by now that the Investment amounts have gone up from $500,000 for a TEA project to $900,000 ($1 million to $1.8 Million for non TEA). Another major rule change that hasn’t quite gotten the same coverage is the new rules requiring DHS to assign the TEA regions, as opposed to the current method of allowing states the benefit to define TEAs.

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Success rates of EB-5 Visas

What is the success rate of an EB-5 visa to the USA? Are the projects safe enough to invest in?

USCIS hasn’t shared the success rate of EB-5 Visas in a while. But based on past data from USCIS, the success rate of approval of I-526 petitions (The 1st step of the EB-5 process where in the investor gets a conditional green card after 526 approval) is around 80%. After 22 months of receiving the conditional Green card, the EB-5 petitioner can apply for an I-829 (permanent green card). The success rate of this was around 95% in the past.

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