EB-5 Program Updates from December 2014 USCIS EB-5 Stakeholder's Meeting

- In Fiscal Year 2014, the EB-5 Program has brought approximately $5.5 billion to the US economy.

- There are 600 approved regional centers in the US. USCIS approved 230 from Fiscal Year 2013 to 2014, terminated 7 for failing to comply with the I-924A annual filing requirement, and issued Notice of Intent of Deny to 28 regional centers as "they are no longer promoting economic growth."

- 270 I-924 regional center petitions were filed, approximately 11,000 I-526 petitions are pending with USCIS, and 2,500 I-829 petition were filed.

- The current I-924 regional center processing time is 8.5 months, I-526 processing time is 14.3 months, and I-829 processing time is 6.9 months.

- USCIS have begun to carry out site visits and I-924 regional center interviews.