…Form I-829? What Is the I-829 Waiting Time? How many I-829 petitions get denied? When can I send an inquiry? What are the longest and shortest processing times? Factors affecting I-829 processing times in 2023 How to Speed Up Your Form I-829 Processing Time File at the right time Fill all documentation and evidence correctly Work with a regional center Make an expedited request I-829 Processing Times: Conclusions What is Form I-829? The EB-5 Immigrant Investor Program allows foreign investors to gain permanent residency in the United States by investing in the country’s economy. The initial steps are: Invest in…
…can be used as a starting point for applicants who are ready to file Form I-829 to apply for the removal of conditions on their permanent resident status. 1. File Form I-829 at the Right Time 2. Understand the Requirements for the I-829 Petition 3. Submit Key EB-5 Project Metrics 4. Prepare the Required Individual Investor Documentation 5. Know What to Expect When Filing Form I-829 Understand I-829 Petition Options for Failed EB-5 Projects Work with EB5AN to Gain Permanent Residency in the U.S. 1. File Form I-829 at the Right Time From a timing standpoint, the I-829 petition should…
…I-829 Basics Two years after a foreign national’s Form I-526 or I-526E has been approved by the United States Citizenship and Immigration Services (USCIS), they must submit Form I-829—or Petition by Investor to Remove Conditions on Permanent Resident Status. This form must be filed within the last 90 days of the two years that the investor’s conditional residency lasts. It’s a critical step in the EB-5 Immigrant Investor Program and is essential for those who want to transition from conditional to permanent residency in the United States. What is an I-829 petition? The I-829 petition serves as a formal request…
…High Adjudication and Approval Rates for I-829 Petitions In contrast to the low I-526 processing volumes, FY2020 saw a jump in I-829 adjudications, surging to 1,229 total I-829 petitions adjudicated and positioning FY2020 as the year with the third-highest I-829 processing volume in its first two quarters since FY2012. This represents a 62% increase over the same period in FY2019, which still saw more I-829 petitions processed than the average since FY2012. The consistently high approval rate for I-829 petitions was also maintained in FY2020, clocking in at 95% for the first two quarters. The situation in the latter two…
…last 90 days of conditional permanent residency, the EB-5 investor must file Form I-829. It is strongly recommended to start preparing in advance because if USCIS does not receive an investor’s Form I-829 petition within the specified time frame, the investor’s permanent resident status could be jeopardized. Preparing Form I-829 Form I-829, Petition by Investor to Remove Conditions on Permanent Resident Status, is an EB-5 investor’s ticket to full permanent resident status in the United States. It is contingent on existing permanent resident status, so the EB-5 investor must present his or her green card on the application. The main…
…inefficiency is detrimental to the EB-5 investment industry. EB-5 investors must submit two important petitions to USCIS: Form I-526 and Form I-829. Form I-526 grants investors a two-year conditional residency, while Form I-829 is used to achieve permanent resident status. Processing data from USCIS’s FY2021 show that adjudication times for Form I-829 are not improving. EB-5 investment stakeholders—including project developers, investors, consultants, and immigration attorneys—may be wondering if USCIS will ever increase its processing efficiency. The remainder of FY2021 is unlikely to bring significant improvements. I-829 Processing Statistics From October 2020 to June 2021, USCIS processed 1,733 I-829 petitions. This…
…regulations. EB-5 investors are granted U.S. green cards only if USCIS approves Form I-829, so it is crucial for investors to compile their I-829 petitions carefully with the guidance of their immigration attorneys. In essence, investors filing Form I-829 must prove that an EB5 investment has been made and that the EB-5 project met the employment creation requirement. Proving That an EB-5 Investment Was Made Form I-829 is filed within the final 90 days of an EB-5 investor’s two-year conditional residency period. To prove that an EB-5 investment was made in a new commercial enterprise (NCE), investors must first gather…
…at 15%, with Vietnam in third place at 11% and South Korea in fourth with 6%. In FY2019 Q1, Indian EB-5 investors filed enough I-526 petitions to account for more than a year and a half’s worth of Indian EB-5 visas. In terms of I-829 petitions filed, Chinese EB-5 investors dominated, accounting for 81% of all receipts and adjudications. Since I-829 figures generally reflect the I-526 numbers of previous years, these data are unsurprising. Additional Facts about I-526 and I-829 Processing I-526 denials are categorized into two types: “fraud” and “others.” In FY2019 Q1, only a single I-526 petition was…
…residence are filing the necessary paperwork to finalize the EB-5 process; somewhat unexpectedly, the number of I-829 petitions submitted during 2017 consistently fell each quarter. While I-526 processing has continuously improved for several years, I-829 processing has not, making its improvement in 2017 much more impressive. In addition, I-829 processing in 2017 consistently improved as the year progressed, which differs from the less predictable quarter-to-quarter trend of I-526 processing. The expectation is that processing times will continue to improve during the next fiscal year, adhering to the trend of the past five years. IPO is in the process of adding…
…number of construction-related jobs. In either case, whenever the actual construction timeline differs from the predicted one, care should be taken to develop a new, accurate economic analysis. EB-5 investors may enter projects at different times, thus staggering the submission of I-829 Petitions. Because the petitions for all investors are not submitted simultaneously, job creation documentation should be prepared before the first applicant is able to submit his or her final I-829 application. Our organization can assist developers and regional centers in putting together economic analyses and job creation documentation to accompany I-829 Petitions. Contact us to get started now….
