Recently, the U.S. Citizenship and Immigration Services (USCIS) updated the average processing times for the Immigrant Investor Program Office (IPO) as of October 31, 2016, as shown in the chart below:
As of October 31, 2016, the average EB-5 processing times are as follows:
(1) Average processing time for I-526: Slowed from 14.7 months in September to 15.6 months in October;
(2) Average processing time for I-829: Increased from 23.8 months in September to 24.7 months in October;
(3) Average processing time for I-924: Increased from 12.9 months in September to 13.8 months in October;
Trend chart of EB-5 visa processing times over the past year:
[Worldway Interpretation] Based on the trends shown in the charts, the average processing time for I-526 petitions has slowed down again after several months of improvement. Meanwhile, the approval processes for I-829 and I-924 petitions are becoming increasingly slower, with longer wait times. Additionally, it should be noted that these are the average times published on the official website, and actual processing times may vary for each applicant based on individual circumstances.
Overall, the EB-5 visa backlog remains severe, and the review process is becoming increasingly stringent. Worldway Immigration reminds investors: please choose your projects cautiously. Based on a comprehensive assessment of all project factors, a project that has already received exemplar approval from USCIS is a good choice.
With a precise grasp of the policy trends for U.S. investment immigration, Worldway has carefully selected three high-quality projects that have already received USCIS exemplar approval, helping investors catch the last train before the U.S. immigration price increase. For more details on EB-5 processing progress or U.S. immigration, please inquire at: 400-138-2929