U.S. Citizenship and Immigration Services’ (USCIS) Adjudication Data on I-526 & I-829 Petitions Reveal Unprecedented Growth Of the EB-5 Program in Fiscal Year 2014

12.01.14 | Archived

On November 21st, U.S. Citizenship and Immigration Services (USCIS) published updated data pertaining to the number of I-526 petitions (Immigrant Petition by Alien Entrepreneur) and  I-829 petitions (Petition by Entrepreneur to Remove Conditions) received, approved, denied and pending. The figures paint a picture of extraordinary growth of the EB-5 Program in Fiscal Year 2014.

FY-2014 I-526 Data Highlights:

  • In total, there were 12,453 petitions pending at USCIS as of 10/1, representing over $6.2 billion dollars in foreign direct investment into the U.S.
  • The total number of I-526 receipts in FY-2014 were 10,928. This represents a 72.2% increase from FY-2013 (6,346), the largestpercentage increase year-over-year since 2010-2011.
  • A total of 5,115 I-526 petitions in FY-2014 were approved, with an approval rate of 80.2%. This is fairly consistent with the average I-526 approval rate between 2008 and 2014 (81.14%).
  • There were a total of 1,266 I-526 petitions denied in FY-2014.

FY-2014 I-829 Data Highlights:

  • The total number of I-829 receipts in FY-2014 were 2,516. This represents a 106.7% increase from FY-2013 (1,217), the largest percentage increase year-over-year since 2010-2011.
  • A total of 1,603 I-829 petitions in FY-2014 were approved, with an approval rate of 90.2%. This is fairly consistent with the average I-829 approval rate between 2008 and 2014 (90.8%).
  • There were a total of 178 I-829 petitions denied in FY-2014.


IIUSA Members: View the complete chart of I-829 statistics (FY-1992-FY2014), including data visualizations of total receipts, growth rates and approval rates. 

READ NEWS & PUBLICATIONS

0
    0
    Your Cart
    Your cart is emptyReturn to Shop