On February 28 local time, U.S. Citizenship and Immigration Services released the EB-5 average case processing progress as of December 31, 2016. This case processing progress continues to use the "cut-off date" format from the previous month. To determine whether an application has been approved, one can simply refer to the date.
The following is the latest case processing progress and results announced by U.S. Citizenship and Immigration Services (as of December 31, 2016):
I-526 Form: The case has been processed up to August 29, 2015;
I-829 Form: The case has been processed up to October 12, 2014;
I-924 Form: The case has been processed up to September 12, 2015;
Starting from January 4, U.S. Citizenship and Immigration Services (USCIS) will announce case processing times in specific dates rather than the previous weekly or monthly format.
In this regard, USCIS explained that the case processing times published on its official website serve as a guideline for stakeholders to reference when they can inquire about the status of pending cases. If the case processing time listed on the USCIS website is later than the date on your receipt notice, stakeholders can expect to receive a notification from USCIS within 30 days. If stakeholders do not receive a notification from USCIS within 30 days, they may inquire about their case.
Recent I-526 Approval Rate Statistics
Recent I-829 Approval Rate Statistics
【Interpretation by WorldWay Immigration】
In the fourth quarter of fiscal year 2016, the approval rate for I-526 increased, but the overall approval rate for I-526 for the entire year was only about 81%. This means that in the recently concluded fiscal year 2016, approximately 19 out of every 100 investors who submitted I-526 applications were rejected by USCIS. Moreover, the average approval rate for I-526 from fiscal year 2008 to fiscal year 2016 was only about 83%, indicating a low overall approval rate. Therefore, currently choosing projects that have already received sample approval has become a better option to mitigate risks.
With Trump proposing the "America First" policy and promoting various policies to stimulate the U.S. economy, global capital is flowing into the U.S. for investment. Driven by the overseas investment boom, WorldWay Immigration Group is monitoring the global investment situation and has declared "2017 the Year of Investment in America," reminding investors to seize the excellent opportunity for investing in the U.S. in 2017.
In light of the EB-5 price increase, proposal for program termination, and the upcoming expiration of the bill on April 28, along with the foreign exchange controls in China starting July 1, investors interested in immigrating to the U.S. should take action to quickly secure investments in projects that have already received sample approval and complete their investments as soon as possible, racing against time. For inquiries about immigration to the U.S. or for more information, please call: 400-138-2929.
