IIUSA Data Report: Form I-829 Statistics for Q3 Fiscal Year 2021

USCIS published the quarterly statistics for all application and petition form types for the third quarter (Q3) of fiscal year (FY) 2021 (April 1st – June 30th, 2021), including the latest data for Form I-526, Form I-829, Form I-924, and Form I-924A.

With the latest statistics for Form I-829 performance, IIUSA produced this data report (members-only) to inform industry stakeholders of the latest data trends on the final step of the immigration process for EB-5 investors in Q3 FY2021 before the EB-5 Regional Center Program expired on July 1st, 2021.

(Figure 1 at I-829 Data Report: Form I-829 Filings vs Adjudications in the First Three Quarters of Fiscal Year, Year-Over-Year Comparison)

KEY DATA HIGHLIGHTS

Form I-829 Filings:

  • 1,249 I-829 petitions were filed in Q3 FY2021, the highest level in the history of the EB-5 Program.
  • During the first three quarters of FY2021, 2,507 EB-5 investors filed their I-829 petition, an increase of 6% year over year.

Form I-829 Adjudications:

  • In Q3 FY2021, USCIS adjudicated 448 I-829 petitions, a decline of 26% from the last quarter and a drop of 40% year over year.
  • On average, USCIS completed 193 I-829 cases per month in FY2021.

Form I-829 Approval Rate:

  • The average approval rate of I-829 petitions was 90% during Q3 FY2021, a 4% decline from the last quarter but remaining at a relatively high level.

Form I-829 Backlog:

  • When the EB-5 Regional Center Program expired on July 1st, 2021, a total of 11,160 I-829 cases were still pending at USCIS. The backlog of I-829 petitions increased by 8% from the last quarter.
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