On December 5th, the USCIS (United States Citizenship and Immigration Services) official website released the latest data on EB-5 investment immigration as of October 31, 2014. Worldway immigration experts analyzed the relevant data and predicted that: the U.S. investment immigration schedule for fiscal year 2015 may arrive earlier, leading to a surge in applications. To ensure a successful application and reduce approval time, currently selecting projects that have already been approved by the immigration bureau may be the best choice to cope with the schedule.
Overall Timeline:
I-526, slight decline: from 14.3 months in September to 14.7 months in October.
I-829, significant decline: from 6.8 months in September to 8.6 months in October.
I-924, slight decline: from 8.5 months in September to 9 months in October.
Approval Time Trend Chart:
Worldway immigration experts analyze: From the above data, it can be seen that the I-526 applications continue to backlog, and the approval speed is gradually extending, returning to a cycle of nearly a year and a half. The approval speed for I-829 has also correspondingly extended, and with the increase in projects, it will become a new bottleneck for USCIS. Additionally, according to data disclosed at the USCIS stakeholder meeting on December 5th, 40% of the approved regional centers in the fiscal year 2013-2014 accounted for all 600 centers, and there seems to be a slight decline in newly approved regional centers in the second half of the year.
According to this official data report from the immigration bureau, investors can easily find: In the third and fourth quarters of fiscal year 2014, the number of I-526 applications continuously exceeded 3,000, with over 10,900 applications in fiscal year 2014, and a backlog exceeding 12,000, with the alarm for scheduling becoming increasingly urgent.
Worldway immigration experts recommend: Investors should prepare early, sign contracts early, and submit documents early, prioritizing projects that have been approved by the immigration bureau for EB-5, firmly grasping priority positions to realize the wish of immigrating to the United States with the whole family as soon as possible. The Pennsylvania Turnpike Project Phase II, exclusively represented by Worldway, continues all the advantages of Phase I and is a rare EB-5 investment immigration project jointly invested by the U.S. federal government and the Pennsylvania state government, and is financed by the Pennsylvania Turnpike Commission with a commitment to repayment.
Especially in the context of the upcoming U.S. investment immigration schedule, the Pennsylvania Turnpike Project Phase II, which has also received prior approval from USCIS, has become the best choice for investors to actively respond to the schedule. Currently, in the EB-5 market, financing projects like the Pennsylvania Turnpike that have already received credit ratings from the three major international rating agencies are extremely rare, and we hope that investors will not miss this great opportunity! Consultation hotline: 400-138-2929
