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Record Breaking Quarter for the EB-5 Program

According to a recent report by United States Citizenship and Immigration Services (USCIS), fiscal year 2015 second quarter adjudication data reveals $989 million was contributed to foreign direct investment (FDI), the highest total in Program history. The report explains "Minimum FDI is calculated by multiplying the number of I-526 Approvals by the minimum investment amount $500,000). Through two quarters, the EB-5 Program has contributed over $1.8 billion to U.S. FDI in 2015, compared to a total of $2.55 billion in FY 2014."

Additionally, there was a 20% increase in I-526 approvals from FY2015 Q1 and 38% year-over-year. These findings illustrate just how much the Immigrant Investor Program Office (IPO) has increased its capacity to adjudicate cases.

I-829 approval rates for the first two quarters of this year hovered around 90%, up from the historical average of 83% during this time frame.

There are still pending petitions in the IPO office, not representing any significant increase during this time. To read the full report, click here.

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