USCIS Releases Q3 Data For Form I-526/I-829 Petitions

08.27.14 | Archived

 

Number of I-526 Immigrant Petitions by Alien Entrepreneurs by Quarter, FY 2014 (Click Below To View PDF)

Number of I-829 Petitions by Entreprenuers to Remove Conditions by Quarter, FY 2014 (Click Below To View PDF)

Where are Investors Coming From?

Thanks to the excellent article from the Vol. 2 Q1 Issue of the Regional Center Business Journal, we are able to look at historical trends of I-526 approval by country of investor origin.

The numbers confirm that mainland China has grown dramatically both in terms of number of investors and market share. While China accounted for only a quarter of all EB-5 investors in the pre-Recession period, it has accounted for three quarters of all EB-5 investors since then. South Korea has remained the second largest source of EB-5 investors overall but with a diminishing market share: 22% of EB-5 investors before 2009 and 6% of investors since. Taiwan and the United Kingdom have ranked in third and fourth place overall, but with the UK gaining in relative significance. The roster of countries supplying the balance of EB-5 investors has changed over time. In the pre-Recession period, Hong Kong, India, Japan, Chile, and Germany ranked just below the UK by number of investors. Of these, only India has held its ranking since 2009. Countries growing in significance in recent years include Iran, Mexico, Venezuela, Russia, Vietnam, Brazil, and South Africa. Meanwhile, India, Canada, Japan, Netherlands, and Germany have continued to supply a moderate number EB-5 investors. While mainland China has been an increasingly dominant source of EB-5 investors, the total number of countries contributing investors has also grown. I-526 approvals since 2009 represent EB-5 investors from a total of 118 countries, while 106 countries were represented prior to 2009. Demand trends for countries other than China become especially significant as EB-5 visa numbers approach the annual quota, raising the possibility of quota backlogs for Chinese investors.

Sign Up For Tomorrow’s Webinar!

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Within the context of discussing adjudication trends, our panelists will highlight the recent announcement of EB-5 Visa Unavailability for China for Remainder of FY-2014, and the potential impact of delaying the acquisition of conditional residence for investors and projects.
Click Here To Sign Up Now! Members $50, Nonmembers $100. 
 

Panelists (Click Headshot to View Bio)

Dawn M. Lurie

Shareholder, Polsinelli

Brandon Meyer

Principal, Meyer Law Group

Angelo A. Paparelli

Partner, Seyfarth Shaw LLP

Stephen Yale-Loehr

Of Counsel, Miller Layer LLP

 

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