Free EB-5 Project Evaluation What happens once an EB-5 investor files Form I-829?

If the I-829 Petition is filed on time, the investor should receive a receipt within 10–14 days. With the receipt notice, the investor’s conditional status is extended for one year. If the I-829 Petition is not adjudicated within that year, the investor will need to have his/her passport stamped again to remain in status. Once adjudicated, the investor will, if approved, have the conditions removed from his/her status or, if denied, face immigration proceedings and possibly deportation.