EB-5 Investor Program Processing Times Update for 2015
On January 12, 2015, the USCIS updated processing time information for the EB-5 Immigrant Investor Program Office (IPO). Average I-526 processing times took a modest but long awaited and welcome dip, while average I-829 and I-924 processing times continued to climb.
As seen in the chart above, I-526 Investor Visa processing times have dropped to levels from over 6 months ago. It is expected to continue to drop down to record low level processing times. These are very encouraging news for prospective investors interested in the EB-5 program.
USCIS has still not restored the EB-5 Regional Center program information page to its website, but it has added a new page titled Terminated Regional Centers. The page emphasizes the power of the USCIS to revoke Regional Center designation and gives a walk of shame for Regional Centers that have lost designation, for reasons that may range from missing paperwork to misconduct. Blameless EB-5 Regional Centers simply choosing to disband should seek to do so in a way that avoids being publicly listed together with the few Regional Centers terminated for a particular cause.
Buda Law Group is in a direct network with several EB-5 Regional Centers that have NOT been included in the Terminated Regional Centers page by the USCIS. This speaks to the integrity and good business practice that both Buda Law Group and its respective Regional Center partners choose to stand by. The EB-5 program is a great opportunity for investors and the United States alike, and these extensions definitely allow for many prospects to occur with those that are interested in pursuing a visa through this unique program. Please contact the team here at Buda Law Group and get a free consultation regarding any of your immigration needs.
Thank You,
John B. Buda, Esq. www.budalawgroup.net office: 626-796-1422 john.buda@budalawgroup.net 1201 W. Huntington Dr. Suite 209 Arcadia, CA 91007
