EB-5 Statistics

To support the increasing popularity of the Regional Center program, USCIS recently released statistics on EB-5 applications:

Fiscal Year 2007:

• Form I-526’s, Immigrant Petitions for Alien Entrepreneur: 473 approved and 148 denied
• Form I-829’s, Petitions by Entrepreneurs to Remove Conditions: 111 Approved and 49 denied

Fiscal Year 2008:

• 12 new EB-5 regional centers approved
• Form I-526’s, Immigrant Petitions for Alien Entrepreneur: 540 approved and 120 denied
• Form I-829’s, Petitions by Entrepreneurs to Remove Conditions: 159 Approved and 68 Denied

There are currently 853 pending I-526’s and 489 I-829’s.
There are 32 Regional Centers approved.

These numbers suggest some very good news for foreign EB-5 investors who seek to obtain a green card. The USCIS is designating more new Regional Centers. There are still an abundance of investor visas available to fill the annual cap of 10,000 and the approval rate is increasing.

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