FY12 Q1 EB-5 Statistics
January 23, 2012 8 Comments
USCIS has released new statistics as part of the presentation for the 1/23 EB-5 Stakeholder Meeting. This data shows us that USCIS has generally liked what it’s seen in I-526 and especially I-829 filings, and has found a lot not to like in recent Regional Center applications and amendments.
Form I-924 (& Pre-I-924) Regional Center Initial Applications
Fiscal Year or Quarter
Receipts
Approvals
Denials
FY12 Q1
41
14
22
FY11
192
80
51
FY10
110
36
30
- Note: There are currently 194 approved Regional Centers (RCs), operating in 40 states, including the District of Columbia and Guam. A complete list of approved RCs is also available online at http://www.uscis.gov/eb-5centers .
Form I-924 (& Pre-I-924) Regional Center Amendment Requests
Fiscal Year or Quarter
Receipts
Approvals
Denials
FY12 Q1
17
4
3
FY11
86
43
7
FY10
42
42
11
Form I-526 Petition Final Actions
Fiscal Year and/or Quarter
Form I-526 Approvals
Final Action %
Form I-526 Denials
Final Action %
FY12 Q1
1,076
83%
222
17%
FY11
1,563
81%
371
19%
FY10
1,369
89%
165
11%
FY09
1,262
86%
207
14%
FY08
640
84%
120
16%
FY07
473
76%
148
24%
FY06
336
73%
124
27%
FY05
179
53%
156
47%
- Note: Approximately 92% of the individual Form I-526 petitions filed each year are filed by Investors who are investing in RC-affiliated commercial enterprises.
Form I-829 Petition Final Actions
Fiscal Year and/or Quarter
Form I-829 Approvals
Final Action %
Form I-829 Denials
Final Action %
FY12 Q1
144
93%
11
7%
FY11
1,067
96%
46
4%
FY10
274
83%
56
17%
FY09
347
86%
56
14%
FY08
159
70%
68
30%
FY07
111
69%
49
31%
FY06
106
64%
59
36%
FY05
184
62%
112
38%
EB-5 Visa Usage
Fiscal Year
Total EB-5 Visas Issued
FY12 YTD*
2,364
FY11
3,463
FY10
1,885
FY09
4,218
FY08
1,360
FY07
806
FY06
744
FY05
158
*Estimate of FY12 Visas Issued YTD, reported by the Department of State as of 01/17/2012.
- Note: This includes visas issued to the investor and dependents. Historically an average of 2.5 visas are issued per principle applicant.
Thanks very much for the interesting statistics. Looks like 2012 could be a big year for EB5s.
Do you have any updated information regarding I-526 processing times. USCIS haven’t updated their site since sept 30th and is still showing 8 months. Just wondering if anyone has any real world time schedules.
The lasted posted processing times I see are dated 11/14/11 (https://egov.uscis.gov/cris/processingTimesDisplay.do) and do still show 8 months processing time.
Thanks Suzanne.
Thats pretty strange. My attempts still show 30 september as does my wires on another machine.
I can’t open your link but this is the one i use.
https://egov.uscis.gov/cris/Dashboard/ProcTimes.do
I use this link, then for the “Service Center” drop-down menu choose “California Service Center” https://egov.uscis.gov/cris/processTimesDisplayInit.do
Thanks Suzanne.
Although that page was updated 15 nov it is as of 30th September 2011.
Hopefully we will get a more accurate picture shortly.
I see. Thanks for pointing this out! And if anyone else following this conversation has further insight into processing times, please let us know.
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