The United States Citizenship and Immigration Services has updated the average approval progress of EB-5 cases as of June 30, 2017. The WorldWay Immigration Group now presents and interprets the latest EB-5 case review progress for June 2017 as follows:
As of June 30, 2017, the EB-5 case review times are as follows:
o I-526 applications: The review cutoff date is November 22, 2015, which is a progress of 35 days compared to the cutoff date of October 18, 2015, in May;
o I-829 applications: The review cutoff date is January 15, 2015, which is a progress of 43 days compared to the cutoff date of December 3, 2014, in May;
o I-924 applications: The review cutoff date is December 25, 2015, which is a progress of 64 days compared to the cutoff date of October 22, 2015, in May;
Based on the June review progress, it can be estimated that:
o The average review time for I-526 approvals is approximately 19 months;
o The average review time for I-829 approvals is approximately 29 months;
o The average review time for I-924 approvals is approximately 18 months;
The WorldWay Immigration Group would like to remind investors that due to the specific circumstances of individual applications, the above review times are average times, and generally speaking, exceeding this progress is also normal.
【WorldWay Interpretation】
From the EB-5 case review progress in June 2017, it can be seen that whether it is I-526, I-829, or I-924, all are making slight overall progress. With the opening of new quotas for the new fiscal year in 2018, it can be predicted that the EB-5 case review progress in October 2017 is expected to accelerate.
For investors, it is important to note that the EB-5 backlog is about to be resolved. More importantly, after September 30, the $500,000 investment for immigration to the United States will soon become history, and the EB-5 investment amount is expected to surge to $800,000. Therefore, the last 47 days before September 30 is an opportunity for low-cost immigration to the United States. Those interested in immigrating to the United States should act decisively and not miss the opportunity!
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