Bloggings on EB-5
EB-5 statistics presented at the 3/17/2011 EB-5 Stakeholder’s Meeting at the USCIS California Service Center.
Current Regional Center Stats as of 3/17/2011
| # of Active Regional Centers |
125 |
| # of Pending Initial RC Proposals |
156 |
| # of Pending RC Amendments |
34 |
Stats on Initial Regional Center Proposal Filings
|
FY 2010 (Oct 2009 – Sept 2010)
|
FY 2011 Q1 (Oct – Dec 2010)
|
| # of Initial RC Proposal Filings |
110
|
116 |
| # of Amended RC Proposal Filings |
42 |
24 |
| % of Initial RC Proposals Denied |
45% |
24% |
| % of RC Amendments Denied |
29% |
22% |
Statistics I-526 and I-829 Petitions
|
# of I-526 Received |
# of I-526 Approvals |
% of I-526 Approved |
| FY11 Q1 |
701 |
190 |
77% |
| FY10 |
1955 |
1369 |
89% |
| FY09 |
1028 |
1262 |
86% |
| FY08 |
1257 |
640 |
84% |
| FY07 |
776 |
473 |
76% |
| FY06 |
486 |
336 |
73% |
| FY05 |
332 |
179 |
53% |
|
# of I-829 Received |
# of I-829 Approvals |
% of I-829 Approved |
| FY11 Q1 |
531 |
39 |
75% |
| FY10 |
768 |
274 |
83% |
| FY09 |
437 |
347 |
86% |
| FY08 |
390 |
159 |
70% |
| FY07 |
194 |
111 |
69% |
| FY06 |
89 |
106 |
64% |
| FY05 |
37 |
184 |
62% |
USCIS noted that it is still working on a system to distinguish RC from stand-alone filings and that an estimated 90-95% of I-526 petitions are currently associated with Regional Centers.
EB-5 Visa Statistics
|
Total EB-5 Visas Issued |
| FY11 Q1 |
1,421 |
| FY10 |
1,885 |
| FY09 |
4,218 |
| FY08 |
1,360 |
| FY07 |
806 |
| FY06 |
744 |
The presentation notes: “USCIS interprets the set aside of visas to ensure that a minimum of 3,000 visas are available for regional center based applicants. We do not see the set aside as limiting the number of visas that can be granted to regional center based applicants, to the extent that such applicants can be allocated up to 10,000 visas, along with the non-regional center based applicants.”
About The Author
Brian Su is the founder and CEO/President of Artisan Business Group, Inc., president of the EB-5 China Market Council, and founder and managing director of the China Specialists Alliance. He is also a member of the Association to the Investment in the USA. Mr. Su has extensive experience in international trade, business development, marketing management, and strategic planning. Prior to founding Artisan Business Group, Mr. Su served Illinois governor Jim Edgar and assisted him in his trade mission to China in 1996 and helped him host a number of Chinese government and trade delegations.
The opinions expressed in this article do not necessarily reflect the opinion of ILW.COM.
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