EB-5 Statistics from USCIS
USINFO | 2014-05-20 16:18
According to data released by USCIS, I-526 and I-829 petition approval rateshave increased since 2005. The number of EB-5 regional centers approved by USCIS has also increased over the past few years.
Approval rates of I-526 “Immigrant Petition by an Alien Entrepreneur” applications steadily increased from 2005 to 2009, before hitting a peak of 89% in 2010 and declining slightly to 78% in 2012.
I-526 Statistics
Fiscal Year |
Receipts |
Approvals |
Denials |
Approval Percentage |
2005 |
332 |
179 |
156 |
53% |
2006 |
486 |
336 |
124 |
73% |
2007 |
776 |
473 |
148 |
76% |
2008 |
1,257 |
640 |
120 |
84% |
2009 |
1,028 |
1,262 |
207 |
86% |
2010 |
1,955 |
1,369 |
165 |
89% |
2011 |
3,805 |
1,563 |
371 |
81% |
2012 |
4,156 |
3,002 |
775 |
79% |
Grand Total |
13,795 |
8,824 |
2,066 |
81% |
Approval rates for I-829 “Petition by Entrepreneur to Remove the Conditions” applications, the application which is filed by the alien entrepreneur following the two-year conditional residency period, has also increased since 2005, hitting a peak of 96% in 2011 before declining slightly to 94% in 2012.
I-829 Statistics
Fiscal Year |
Receipts |
Approvals |
Denials |
Approval Percentage |
2005 |
37 |
184 |
112 |
62% |
2006 |
89 |
106 |
108 |
50% |
2007 |
194 |
111 |
49 |
69% |
2008 |
390 |
159 |
68 |
70% |
2009 |
437 |
347 |
56 |
86% |
2010 |
768 |
274 |
56 |
83% |
2011 |
2,345 |
1,067 |
46 |
96% |
2012 |
546 |
639 |
42 |
94% |
Grand Total |
4,806 |
2,887 |
537 |
84% |
Statistics about I-924 “Application for Regional Center under the Immigrant Investor Pilot Program,” used by regional centers to achieve USCIS recognition, reveal a somewhat downward trend in approval rates for I-924 applications.
I-924 Statistics
Fiscal Year |
Receipts |
Approvals |
Denials |
Approval Percentage |
2010 |
152 |
78 |
41 |
51% |
2011 |
278 |
123 |
58 |
44% |
2012 |
163 |
30 |
44 |
18% |
Grand Total |
593 |
231 |
143 |
39% |
In the first and second quarters of 2013, USCIS has reportedly received 325 I-924 applications and has approved 65 I-924s and denied 13 I-924s, resulting in an approval rate of 20% for the year thus far. However, the total number of approved regional centershas grown rapidly over the last few years. There are now around 243 approved EB-5 regional centers in 40 states and two territories, as compared to just 45 regional centers in 2009.
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