The U.S. Citizenship and Immigration Services (USCIS) recently released updated average processing time information for EB-5 petitions through February 29th.
Processing times have increased to an average of 16.6 months for I-526 petitions, 17.5 months for I-829 petitions, and 9.3 months for I-924 petitions. Average processing times for EB-5 petitions have continued to rise steadily.
Date | I-526 | I-829 | I-924 |
11/30/2015 | 15.5 | 15.7 | 7.9 |
1/31/2016 | 16.3 | 16.9 | 9 |
2/29/2016 | 16.6 | 17.5 | 9.3 |
EB-5 program growth has consistently outpaced the adjudication capacity of the USCIS. The Immigrant Investor Program Office (IPO), which adjudicates EB-5 petitions, now faces a backlog of more than 21,000 I-526 petitions pending adjudication. As a result, processing times are only expected to increase further.
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