According to comprehensive reports from WorldWay Immigration: In recent years, the U.S. investment immigration EB-5 program has continued to attract attention and has become increasingly popular. The surge in application numbers has led to a shortage of visa quotas, resulting in a significant increase in workload for the U.S. Citizenship and Immigration Services (USCIS). Currently, there are 83 personnel dedicated to processing EB-5 investment immigration applications at USCIS, including professional lawyers, economists, financial analysts, and documentation staff. To expedite the processing of applicant materials, USCIS is actively recruiting more staff. In the future, USCIS expects to recruit an additional 23 new employees for EB-5 related reviews.
Experts from WorldWay Immigration indicate that the current average processing time for the I-526 application, as published by USCIS, is 13.3 months, a situation that has persisted for 3-4 months. Since new employees require training and adjustment, noticeable improvements will take some time to manifest.
As for the processing time for I-829 condition removals, it is currently relatively ideal, with an average processing time of 8 months, while USCIS aims to shorten this to 6 months. Given the current increase in EB-5 applications, USCIS anticipates that processing times will remain stable at around 6-10 months.
New regional centers established by USCIS must obtain I-924 approval, and the processing time for this application is currently the most favorable news. The current I-924 processing time is approximately 7 months, a significant improvement compared to last year's processing time of 12-13 months. This is highly beneficial for investors, as it also indicates that the shortened time targets for other I-526 and I-829 applications will gradually be realized.
USCIS has released important statistics for the fiscal year 2013-14, clearly showing an increasing number of applications for the EB-5 U.S. investment immigration program. As of now, the cases submitted in the fiscal year 2014 have already occupied over 8,000 new visas, a progress that far exceeds USCIS's expectations. Therefore, USCIS has made a special clarification regarding the report published on August 23, 2014, concerning EB-5 immigration visa applicants from mainland China. The core message of this announcement for EB-5 applicants from mainland China is that the processing and issuance of visas will be slowed down, but this situation is only temporary and will not have any long-term impact.
The direction of U.S. investment immigration policies is of great interest to many investors. Regarding visa backlog issues, we have invited H. Ronald Klasko, a four-term chairman of the U.S. EB-5 Immigration Committee, to Beijing to provide investors with a detailed introduction to U.S. investment immigration policies. Mr. Klasko's legal team serves as the legal counsel for WorldWay Immigration's U.S. projects and promises a full refund if not successful. Additionally, WorldWay Immigration clients enjoy expedited submission to USCIS within 5 days, helping investors actively address the upcoming issues related to the EB-5 visa backlog. Professional interpretations of U.S. investment immigration are exclusively available at WorldWay Immigration. For more high-quality EB-5 investment immigration projects and consultations, please contact our immigration hotline at 400-138-2929.
WorldWay Immigration Editorial Team
