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The USCIS releases updated EB-5 processing times – and they continue to grow

The U.S. Citizenship and Immigration Services just released updated processing times for EB-5 petitions through July 14th.

For I-526 petitions, processing times remained the same at 16.6 months. However, both I-829 and I-924 petitions increased at 20.1 and 9.9 months respectively.

DateI-526I-829I-924
1/31/1616.316.99
2/29/1616.617.59.3
7/14/1616.620.19.9

The increase in I-829 petitions can be attributed to the increase of submissions as a result of investors reaching the end of their two year conditional permanent residency status. It has also been noted that although I-924 times indicate an average of 9.9 months, most issuers are reporting having to wait longer than that.

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2017-05-14T03:29:28+00:00 July 19th, 2016|Categories: EB-5|Tags: , , , |