IIUSA’s latest data report, on FY 2019 (January-March) I-829 processing volume is now available. The data presented show the recent USCIS slowdowns have not been confined to just Form I-526 rather, Form I-829 adjudications fell substantially over the past two quarters as well.
IIUSA, on behalf of the EB-5 Regional Center industry, submitted a letter to USCIS seeking additional information on the causes for the recent surge in processing times.
Key insights from the latest USCIS can be found below. Our recent report on I-526 quarterly data can be found here.
Key Data Insights
Immigration Investors Program Office (IPO) at USCIS only adjudicated 759 I-829 petitions in the first half-year of FY2019, a significant decline of nearly 50% year-over-year. The data indicate that slowdowns with USCIS EB-5 processing are not limited to just Form I-526.
USCIS received 921 I-829 petitions in Q2 FY2019 (between January and March 2019), a growth of 16% from the last quarter.
I-829 Approval Rate
The average approval rate of an I-829 petition bounced back to 95% in Q2 FY2019.
As of the end of Q2 FY2019 (March 31st, 2019), the number of I-829 petitions pending was 8,821, up 9% from December 31st, 2018 and by 18% from one year ago.