USCIS: Remarks from the EB-5 Industry Forum
USCIS has posted the remarks of Sarah Kendall, Chief of the Immigrant Investor Program Office, who participated in the IIUSA EB-5 Industry Forum on November 10, 2020, and answered key program questions.
USCIS has posted the remarks here. They cover EB-5 topics which include: updates on the visa availability approach, the policy manual, various EB-5 form operations, Form I-829 separate decisions, program integrity and regional centers. Ms. Kendall also answered 18 questions that were submitted in advance.
One highlighted section of the remarks addressed I-526 and I-829 petition completion rates:
Regarding I-526 and I-829 completions, during the six-month period after building a more robust quality assurance and control program, IPO completed the adjudication of an average of 212 Form I-526 petitions each month from March 2019 through August 2019. This year, IPO is averaging 304 Form I-526 completions per month during the same six-month period. This is an increase of approximately 43%.
IPO has also improved upon I-829 completion rates. IPO averaged 157 Form I-829 completions per month for the six-month period of March 2019 through August 2019. That average was 265 during the same period of 2020, an increase of approximately 68%.
- New York
Subscribe for News
Join Professionals on EB5Projects.com →
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.