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.
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.
Learn more about the EB-5 program by downloading our EB-5 Solution Kit.
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