EB-5 News: What’s The Average I-526 Petition Approval Rate?
After the AILA and IIUSA EB-5 Industry Forum at the end of October, USCIS released a treasure trove of EB-5 data.
This includes statistics showing what the I-526 Immigrant Petition by Alien Entrepreneur approval rates are for the top 10 EB-5 countries. The I-526 petition is a required step in the EB-5 process and approval gives EB-5 investors and their immediate family members conditional green cards.
These are the average approval rates of I-526 petitions in the fiscal year 2017 according to the data from USCIS:
South Korea: 97%China: 93%Vietnam: 92%Taiwan: 92%Brazil: 90%India: 87%Mexico: 84%Russia: 80%Venezuela: 80%Iran: 77%The average worldwide form I-526 approval rating for FY2017 was 92%. This is likely due to the majority of EB-5 investors being from Mainland China.RELATED READING: Want to improve your chances of an I-526 petition approval?For more information, send us a message![formidable id="11" title="1"]