EB-5 processing backlog increases

On Wednesday, February 3rd, the U.S. Citizenship and Immigration Services (USCIS) announced tentative new information regarding the EB-5 processing backlog at their EB-5 stakeholder engagement teleconference.

Nicholas Colucci, Chief of the USCIS Immigrant Investor Program Office (IPO), announced that since the September and December filing “bubbles,” the USCIS now has a backlog of:

  • 21,790 pending I-526 petitions
  • 4,314 pending I-829 petitions
  • 902 pending I-924 petitions

This represents a dramatic increase in the already substantial processing backlogs for EB-5 petitions, especially with form I-526.

I-526 pendingI-829 pending
February 201621,7904,314
September 201517,3674,049
June 201513,1294,007
March 201513,7313,524
December 201513,5693,080

During the engagement, the USCIS representatives outlined plans to improve processing efficiency and reduce the backlog.

However, until they are able to reduce the backlog significantly, processing times are unlikely to decrease.

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2017-02-14T20:30:20+00:00 February 26th, 2016|Categories: EB-5|Tags: , , |