According to the latest news from Worldway: The U.S. Citizenship and Immigration Services (USCIS) updated its website in early June with the processing times for EB-5 cases as of April 30th—both I-526 and I-829 processing have accelerated, while I-924 processing has seen a significant increase in speed.
From this data, it can be seen that the processing speed for I-526 accelerated from an average of 13.2 months in March to 12.4 months in April; the processing speed for I-829 also saw a slight increase, accelerating from an average of 8.9 months in March to 8.7 months in April.
It is worth noting that the processing speed for I-924 has increased significantly, accelerating from 10.6 months in March to 4.4 months in April. The I-924, which is the EB-5 project exemplar, is intended to determine that a Regional Center EB-5 investment project complies with Regional Center operational standards and all EB-5 related laws.
Worldway immigration experts believe that as USCIS accelerates project processing, more EB-5 projects will appear on the market. For investors, distinguishing the quality of projects becomes even more important.
Editor: Worldway
